ISD 728 Community Education

This class will help participants answer key questions including how the 5 phases of an IRA relate to stages of your retirement, how time can have a great impact on tax-deferred retirement accounts and strategies for reducing the taxes you and your heirs could pay.

After the passing of a loved one, the successor trustee or representative of an estate has an important, yet often confusing and frustrating, responsibility. All estates must be “settled,” but few people know how or where to begin. When an estate is not settled correctly, or in a timely manner, there can be serious consequences -- for both the executor and the beneficiaries. Who undertakes these important tasks? What exactly should they do -- and when? Where must all of this work take place -- and why? Understand the Who, What, When, Where, Why (and How) of estate settlement. This 90-minute workshop includes a Q&A session.

Worried about potential nursing home, long-term care, and assisted living costs? You should be. The statistics are not in our favor regarding those who will need some level of care or assisted living in the future. These and other health care expenses continue to rise and show no signs of slowing down. Both Federal and Minnesota law allows for the protection of assets from both the spend-down and estate recovery efforts—but only if a proper asset protection plan has been put in place ahead of time. In this educational workshop, you will learn the difference between WILLs & TRUSTs as well as advanced strategies you can use to protect your hard-earned money to ensure something is left behind for loved ones in the event you need some level of care in the future. This 90-minute workshop will be followed by a Q&A session.

Is Medicare in your near future? Do you have questions about what it covers? If you plan to enroll within the next year, this class has answers for you.

One of the most dangerous misunderstandings of Estate Planning is the belief that all you need is a WILL (not true). Another common myth is that WILLs take care of everything and avoid Probate (hint: they don’t). If you have struggled with understanding the difference between Wills and Trusts, Healthcare Directives and Power of Attorney forms, you are not alone. In this one-hour educational program, you will finally understand the difference between these and other estate planning documents (what you need and what you don’t), while also learning to avoid the most common and costly mistakes. When it comes to the topic of Estate Planning, some people think they're an expert, but few actually are. To ensure things go smoothly for your loved ones during a time of loss and confusion, you must be aware of these false assumptions and costly misunderstandings. Don’t let a MESS be your legacy. Come join us for a relaxed but thorough discussion on these and other estate planning fundamentals. This 90-minute workshop will be followed by a Q&A session. Instructor is Jeff Litfin, Certified Estate Planner, GENERATIONS LEGAL SERVICES.

Few people understand the difference between these two critical estate planning choices. Each one affects your estate in significantly different ways -- especially regarding the amount of control and protection your family will or will not have in the future. How do they differ when it comes to the distribution of assets? What about probate avoidance? What impact does a WILL or a TRUST have on your executor? Your beneficiaries? How much RISK are you comfortable leaving behind? And has anyone explained the tax ramifications? Get answers to these and other important questions today so your loved ones can stay out of probate tomorrow. This 90-minute workshop will include a Q&A session.