Estate planning is arguably the most underestimated area of financial planning despite its importance. It can also seem overwhelming, but it doesn’t have to be. Start an estate plan for yourself or a family member in six steps.
The objective of this web course from Purdue University is to help organize your information and ideas before meeting with an advisor about estate planning in six simple steps. Accompanying each step below are links to additional resources to help in the process. Access the course here or via the links below.
- Introduction
- Step 1: Initiate the discussion
- Who Gets Grandma’s Yellow Pie Plate
- Talking with Aging Parents About Finances
- Who Will Get Grandpa’s Farm? Communicating about Farm Transfer
- American Bar Association
- American College of Trust and Estate Counsel
- Certified Financial Planner: Board of Standards
- The Financial Planning Association
- Ric Edelman, Your Financial Planner
- Metropolitan Life Publication
- Estate Planning for Families with Minor Children
- Step 5: Consider alternatives
- Who Gets Grandma’s Yellow Pie Plate
- Estate Planning: Property Ownership
- Who Will Get Grandpaโs Farm? Communicating about Farm Transfer
- Estate Planning: Wills
- Smart Money
- National Financial Planning Support Center
- Life Insurance: An Estate Planning Tool
- Financial Planning Toolkit
- Power of Attorney
