Estate Planning Information
Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through the creation and maintenance of an “estate plan.” The purpose of estate planning is to develop a strategy that will maintain the financial security of individuals through their lifetime and facilitate the intended transfer of their property and assets at death, while taking into consideration the unique circumstances of the family and the potential costs of different methods.
All too often, we hear:
- "I'm too young to do estate planning."
- "All my property is titled in joint tenancy with my spouse so I don't need a will."
- "Estate planning is only for the super-rich."
- "Estate planning is too complicated and expensive."
- "Doesn't the government provide for that?"
- "We did our wills right after we got married 30 years ago and see no need for further planning."
If you seek advice and guidance with regard to your estate planning needs, please view our website and search for a the type of member that meets your needs. As an alternative, you can search for an Accredited Estate Planner® (AEP®) or Estate Planning Law Specialist (EPLS) designation holder in your area on the National Association of Estate Planners & Councils website.
Featured Articles
Local attorney busts estate planning myths - Jackson County PilotLocal attorney Ashley J.P. Schmit busted some common myths about estate planning during a special public presentation last week at the Jackson ...
With most estate planning, mistakes are often self-inflicted - Ag UPDATEPersonalized news alerts with our mobile app. *FREE access to newspapers ... Michael Baron provides estate planning guidance at Great Plains Diversified ...
Could Debt Destroy Your Farm Succession Plan?Most estate documents focus primarily on the assets and downplay the liabilities. Suppose your debt-to-asset ratio is 25%. If you died and your son ...
I have $888K in an IRA that's in 100% stocks. I get a 12-15% annual return, but pay 1.5 ...Choose MarketWatch as a preferred source of financial news ... “You're being told to wait for real financial planning until you cross a certain asset ...
What makes you cry and how that connects to your estate plan - AgweekFor some, estate planning is hard facts and figures. For others, Myron Friesen says, emotions can play a big part. Both can have their places in ...