Living Trust and Estate Planning Workshop

Title: “Secure Your Legacy: Understanding Living Trusts and Estate Planning”

Overview: Estate planning is a critical aspect of financial security, yet many individuals overlook its importance until it’s too late. A living trust is a powerful tool that can help you manage your assets during your lifetime and ensure a smooth transfer to your loved ones after your passing. Join us for an informative seminar where we’ll delve into the intricacies of setting up a living trust and how it can benefit you and your family.

Key Topics to be Covered:

  1. Understanding Living Trusts:
    • Definition and purpose of a living trust
    • How it differs from a will
    • Types of assets that can be included in a living trust
  2. Advantages of a Living Trust:
    • Probate avoidance and its associated costs and delays
    • Privacy benefits compared to a will
    • Flexibility and control over asset distribution
  3. Setting Up Your Living Trust:
    • Selecting a trustee and successor trustees
    • Drafting the trust document
    • Funding the trust with your assets
  4. Maintaining and Updating Your Living Trust:
    • Periodic reviews and revisions
    • Incorporating life changes such as marriage, divorce, births, or deaths
    • Ensuring the trust aligns with your current wishes and goals
  5. Addressing Common Concerns and Misconceptions:
    • Cost considerations associated with setting up and maintaining a living trust
    • Misunderstandings about the loss of control over assets
    • Clarifying myths surrounding living trusts

Who Should Attend: This seminar is designed for individuals and families seeking to establish a comprehensive estate plan to protect their assets and provide for their loved ones. Whether you’re approaching retirement, starting a family, or simply planning for the future, understanding living trusts is essential.

Registration: To reserve your group, please contact coordinate through our office at admin@shantishalom.org. Minimum group sizes required is 10.