Update: It looks like this course has been updated by BYU and the below sections are no longer available. You can see the updated course here: http://personal-finance.byu.edu/content/estate-planning-basics
This free estate planning course explains why estate planning is important, how to properly plan an estate and the goals of the estate planning process. At the end of the course are optional assignments to test your knowledge. The course was developed by BYU and has a bit of a religious (LDS) point of view, but remains an excellent course with solid information.
- Introduction
- Understand the Principles of Estate-Planning
- Understand the Importance of Estate Planning and the Goals of Estate Planning
- Live Life Fully
- Pass Property at Death According to Your Desires
- Provide for Guardianship of Minor Children
- Avoid Probate if Desired, or Use Probate StrategicallyAvoid Taxes
- Understand the Estate-Planning Process
- Step 1: Determine What Your Estate Is Worth
- Step 2: Choose Your Heirs and Decide What They Will ReceiveStep 3: Determine the Cash Needs of Your Estate and Calculate Your Estate Taxes
- Step 4: Select and Implement Your Estate-Planning Techniques
- Four Key Taxes on Estates
- Know How Trusts Can Be Used to Your Advantage in Estate Planning
- Trust Assets
- Types of Trusts
- Setting Up a Trust
- Understand the Importance of Wills and Probate Planning
- Wills
- Probate
- Ways to Avoid Probate
- Other Estate-Planning Documents
- Summary
- Assignments
- Financial Plan Assignments
- Optional Reading Assignments
- Learning Tools
- Review Questions
- Case StudiesLesson Evaluation
All material provided by BYU, available here and licensed under Creative Commons License 3.0.
