Estate Planning Basics - Module 3

  • 14 Lessons

Instructors

Kirby Rosplock

Kirby Rosplock (Ph.D.)

Born into a very successful enterprising family, Kirby learned family wealth basics the way most affluent offspring do (or don’t) Read More

About Course

Estate Planning Basics Module 3 focuses on wills, including their key components to making them valid, the process of establishing a will, the dangers of not having a will, and what may happen if someone passes without a will. Read More

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Overview

  • Goals

What is a Will?

  • Last Will and Testament

  • Identifying the Legatees

  • Types of Gifts in a Will

  • How Assets Pass

  • Dying With or Without a Will

  • Features of a Good Will

Cases of Insufficient Wills

  • Wills: Three Cautionary Tales

  • Homework I

  • Elvis Presley's Exemplary Will

  • Homework II

Probate Estate

  • What Triggers a Probate Estate?

  • Titling of Assets and Probate Considerations

Conclusion

  • Wrap Up

Test Your Knowledge

  • Quiz Locked

Estate Planning Basics Module 3 focuses on wills, including their key components to making them valid, the process of establishing a will, the dangers of not having a will, and what may happen if someone passes without a will. This module discusses all aspects of the process of establishing an estate plan and the important decisions that must be made in doing so. Finally, the module reviews the methods in which an estate may allocate assets, as a means to understand the intentions of the individual passing on property and potential issues of fairness and equity over generations.

Customers Review

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Lee M.
Jan 14, 2022
After this estate planning course, I can say I have a grip on the legal language which previously was so intimidating and destabilizing!