POSTPONED - Estate/Succession/Legacy Planning Seminar

Estate/Succession/Legacy Planning Seminar with Sweetgrass Development

If you think estate/succession/legacy planning are boring topics then you haven’t attended a presentation by Dr. Marsha Goetting, MSU Extension Family Economics Specialist. She has a reputation for her ability to make estate/succession/legacy planning interesting. She also keeps participants actively involved by giving them the opportunity to answer questions with response clickers. Dr. Goetting continues to enhance her presentation by combining her appreciation of Montana wildflowers with her knowledge about estate/succession/legacy planning.

She will focus on three areas:

Families and Legacies: Challenging Decisions. Do you know who will receive your property if you pass away without an estate plan? Do you how title on your real and personal property impacts who receives it upon your death? Dr. Marsha Goetting, Montana State University Extension Family Economics Specialist will answer these questions and explain the impact of the 120-hour survival requirement on receiving an inheritance.

Tools for avoiding probate on your assets and save money for your beneficiaries. Yes, it’s true. You can avoid probate with payable on death designations (PODs), transfer on death registrations (TODs), a transfer on death deeds for real property (TODDs) and beneficiary designations on your vehicle. She will explore the income tax impact when selling, gifting, or leaving assets as an inheritance.

To quote Shakespeare: To have a trust or a will….Aye, that is the question. Although revocable living trusts have existed for years, they have recently gained more visibility. You may have read newspaper advertisements for free seminars on the benefits of a revocable living trust, or you may have seen television commercials suggesting that everyone should have one. A revocable living trust can be an excellent tool for certain situations. But it is not a suitable choice for everyone. Dr. Goetting will explore the advantages and disadvantages of revocable living trusts, testamentary trusts, and wills. She will also investigate alternative legal arrangements that are less expensive and may carry out some of your goals more effectively, such as a durable power of attorney.

For additional information please contact Carrie Taylor at Carrie@sweetgrassdevelopment.org.