Did you know that without a will, the law of your state determines who inherits your property on your death? Each state has its own one-size-fits- all rule. So not having a will means the state determines who benefits from your hard work over a lifetime. If you have children, it means a court decides who takes care of them. A court will also determine how your money is used to support them.
Creating a will is, believe it or not, an empowering experience. You protect your beneficiaries; you leave instructions for distributing your property, and you name the person who will carry out those instructions. It’s not expensive and it will protect your family and loved ones from conflict. You will feel better because you will have acted to benefit the people you care about.
If you already have a will, you should review it periodically and when major events occur such as a death, a birth, a divorce or changes in economic circumstances.
In this webinar you will learn:
How to appoint a guardian for minor children.
The benefits of creating trusts under your will (rather than leaving property outright to your beneficiaries).
How to avoid conflict and litigation over your estate.
What a taxable estate is and how to minimize taxes.
About costs and confusion your heirs face when you die without a will.
About Susan Rothwell:
Susan is a Trusts and Estates and Tax attorney with over twenty years of experience in sophisticated estate planning and administration of estates.
She advises clients on estate and tax planning for wealth preservation; assists clients with gifting, asset protection and transferring wealth to future generations. She prepares Wills, Trusts, Prenuptial Agreements and other vehicles to help clients achieve their goals.
Susan counsels Trustees and Executors on tax, fiduciary and estate matters. She assists small business owners with estate and succession planning.
For the charitably inclined, she creates charitable gifting strategies which maximize benefits to the charity while minimizing taxes for the client.
She advises not-for-profits and charities on tax and exempt status issues.
Education: New York University School of Law LL.M., Taxation
Columbia Law School J.D., Columbia Journal of Environmental Law, Articles Editor
Columbia Graduate School of Business M.B.A.
Columbia University B.A., magna cum laude, Honors: Phi Beta Kappa