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Basics of Estate Planning and Probate

This class introduces the basics of estate planning - documents to implement, decisions and strategies needed, etc. We will learn the elements of effective wills, trusts, powers of attorney, living will directives, and prenuptial agreements and their roles in estate planning and administration. Estate tax, inheritance tax, and gift tax issues will be discussed. Various aspects of probate will be discussed emphasizing how that process works and the benefit of an effective estate plan in the probate process, including how to avoid probate. These topics will not include Medicaid planning.

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