Join elder law attorney Laurie Steiner for an in-depth review of ten common myths around estate planning outlined below.
- Only the rich need to worry about estate planning
- If I have a will, I will avoid probate
- I need a trust to avoid probate
- I should put my house in joint and survivor ownership with my child to avoid probate
- A will decides who inherits my IRA
- Beneficiary forms are all I need for bank accounts, IRA and real estate
- I revocable trust protects my assets if I enter a nursing home
- A trust always avoids probate
- My grandkids will inherit my assets if my children pass away, if my will says per stirpes
- A will or trust is the only estate planning document that I need.
*CE/CPE Eligible: 1 CE credit is available to subscribers with these designations: CFP, CLU, ChFC and RICP. CPA subscribers will earn 1 CPE credits.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.