Synopsis
Estate Planning: Considering Your Family provides information on the inheritance rights of spouses and children and ways to prevent challenges to a will.

Audience
This course is for anyone who is interested in learning more about estate planning.

Time
3 hours

Product Code: EPLC05
After completing Estate Planning: Considering Your Family the user should be able to:

Determine the qualifications needed for a guardian
Recognize the different options available for providing for children in a will
Describe spousal property rights
Identify the areas of an estate affected by a divorce
Prepare for a will contest

Choosing a Guardian
A minor issue of major importance
The guardian's duties
How to select a guardian

Managing Your Child's Assets
The trust alternative
Your child and your estate: entitlements

Your Spouse's Rights
Spousal rights
A different kind of election
"Bumping up" an estate

Divorce and Its Consequences
The prenup as love flies out the window
The American way of divorce

Challenging a Will
Simple incompetence
Undue influence: a tough one to prove
Poor execution
Witnesses but not beneficiaries
"Messing up" a will

Things to Avoid
The "don'ts" we often "do"
Making abusive remarks
Making an omission without explanation
Making promises: don't
Making codicils that change beneficiaries
A joint will? No!
Making a separate list of "gifts"
Making changes on a will

This course has the following features:

Exercises that allow users to practice the skills needed to prepare an estate plan
A file containing the text of the exercises
A file containing the text of the legal documents presented in the course
Activities that allow users to apply concepts in an interactive questioning environment
A glossary
A Skill Assessment

Estate Planning: Starting an Estate Plan (EPLC01)
Estate Planning: Sorting Out Your Assets (EPLC02)
Estate Planning: Preparing Your Will (EPLC03)
Estate Planning: All About Probate (EPLC04)


 

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