Wills, Trusts, & Estate Planning

Financial Education Course for Adults on Building Your Financial Legacy

What?

University Classroom Instruction on Estate Planning in 2023

Where?

DFW-Area College Campuses: UTA, Tarleton Ft. Worth, and TCC South

When?

Multiple Convenient Dates Offered in Spring, Summer, and Fall 2023

Estate planning is complex and confusing, and a difficult topic to face.

It is often one of the last items that people take care of because of procrastination or confusion about what is needed. Now, more than ever, it is important to have a sound estate plan in place. Without an estate plan, you lose control of the distribution of your estate, and you may incur unnecessary costs and taxes.

Register today to learn: 

By attending this class, you will learn more about the tools and strategies that are needed to protect your assets and give you back control over decisions that will affect you and your family moving forward. Here are just a few examples of the many things you will learn:
 
  • The Benefits and Importance of Having an Estate Plan
  • The differences between Wills and Trusts
  • How to plan for incapacitation, and What to do When a Loved One Dies
  • How to Avoid Probate and its Associated Costs, and Minimize Taxes
  • Strategies to Protect Your Assets from Creditors and the government

This course features classroom-style instruction that encourages questions, and a textbook with examples and interactive material that is yours to keep.

Learn tools used by professionals to build your Personalized Estate Plan. Classes are led by a CERTIFIED FINANCIAL PLANNER™ and Texas Licensed Realtor® who fill the who fills the presentation with valuable information as well as real-life examples. 

Discover “Big Picture” Strategies that give you the opportunity to learn about the many aspects of estate planning and how they work together to build a successful retirement plan. 

A complimentary plan consultation is optional for those who have questions that are more personal in nature. This consultation is available for class attendees only, but is not required.

 

Class Outline and Syllabus:

Understanding Estate Planning

Having a basic understanding of estate planning allows you to formulate a plan for what you would like to do at death or in case of incapacitation. This section is designed to help you understand the big picture of why estate planning is so important.

TOPICS COVERED IN THIS SECTION:

  • Estate Planning Defined
  • Introduction to Estate Planning
  • Objectives While Living
  • Objectives at Death
  • Ten Most Common Mistakes

Planning For Incapacitation

Unforeseen illnesses and accidents happen in life. Planning ahead for these events is imperative to making sure that you maintain control over personal decisions that will affect you. This section will give you a better understanding of what is needed so that you have peace of mind over these key decisions.

TOPICS COVERED IN THIS SECTION:

  • What is Incapacitation?
  • How Incapacitation Can Affect You
  • Key Documents Needed
  • What To Do With Your Key Documents

Control With Wills

No one wants to be a burden to their loved ones at death. By having a will in place, you maintain control over key decisions at death and make it much easier on those you leave behind. This section will help you understand what is required and how to put one in place.

TOPICS COVERED IN THIS SECTION:

  • What is a Will and Do I Need One?
  • Disadvantages of Dying Without a Will
  • Advantages of Having a Will
  • Disadvantage of a Will-Only Estate Plan
  • When to Revisit Your Will

Avoiding Probate

The probate process can be complex and costly. Many people think you have to probate your estate. In this section, you will learn how to avoid probate and all of the costs associated with it.

TOPICS COVERED IN THIS SECTION:

  • What is Probate?
  • Advantages of Going Through Probate
  • Costs Associated with Probate
  • Avoiding Probate

What To Invest Into

Real estate offers many different types of property opportunities to invest into. This chapter explains the different types to help you determine which types would be right for you, as well as which opportunities to avoid.

TOPICS COVERED IN THIS SECTION:

  • Residential
  • Commercial
  • Industrial
  • Farm and Ranch
  • Land Development
  • Pooled Investments

Transferring Assets

There is always an easier way! In this section, you will learn some incredibly easy ways to transfer assets to your loved ones without any hassle. You will also learn how these methods can save you time and money.

TOPICS COVERED IN THIS SECTION:

  • What is a Direct Transfer
  • Gifting While You’re Alive
  • Beneficiary Forms: Don’t Leave Home Without Them
  • Account Registrations: TOD and POD
  • Joint Ownership Community Property in Texas

Benefits of a Trust

Do you want even more flexibility and control than what a simple will offers? Then a trust may be right for you. In this section, you will learn all of the ins and outs of the different types of trusts and how they can benefit you.

TOPICS COVERED IN THIS SECTION:

  • What is a Trust?
  • Benefits of Trusts
  • Disadvantages of Trusts
  • Types of Trusts: Testamentary vs. Living
  • Types of Trusts: Revocable vs. Irrevocable

Minimizing Taxes

It’s been said that the only two things guaranteed in life are death and taxes. Unfortunately, at death you may be exposed to a wide array of taxes. In the last few years, estate tax law has changed drastically. In this section, you will learn all about the different taxes that are owed at death and strategies on how to help avoid them.

TOPICS COVERED IN THIS SECTION:

  • Taxed Coming and Going
  • Income Tax
  • Estate Tax
  • Gift Tax
  • Generation Skipping Tax
  • Capital Gains Tax
  • Estate Tax Example

Planning Strategies

Once you have learned the basics, it will be time to learn more advanced strategies. In this section, you will learn strategies for how to reduce costs and taxes. We will also discuss Medicaid and what you need to know now to prepare for Long-Term Care costs. In addition, you will learn what to do next when a loved one dies.

TOPICS COVERED IN THIS SECTION:

  • Bypass Trust
  • Irrevocable Living Trust
  • Qualified Terminable Interest Property (QTIP)
  • Special Needs Trust
  • Medicaid Planning and Long-Term Care
  • Miller Trusts
  • Family Limited Partnerships
  • Survivor Planning
  • What to do When a Loved One Dies

Is this class for you?

This course has valuable information for everyone. We will discuss the many ways to plan your estate as well as teach you strategies you can use to protect your assets. You will learn how to choose between a will or a trust, how your estate will be taxed, and how to protect your assets from creditors and the government. Most importantly, this course provides you with the tools you will need to make key decisions around planning your estate.

Josh Strittmatter

Josh W. Strittmatter, CFP® CRC®

Josh has been teaching Retirement Planning and several other financial subjects at many colleges and universities since 2010. His passion is education, and he believes knowledge and financial literacy are important for every person.

Kelly Buchfink

Kelly Buchfink, CFP®

Kelly has been in the financial industry since 2001 and enjoys applying her knowledge and experience to teaching. She enjoys educating others and hopes they gain understanding and inspiration to assist them in meeting their next financial goal.

February 2023
March 2023
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May 2023
September 2023
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Questions or comments? Fill out the form in this section, or contact us through the methods below.

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Strittmatter Wealth Management Group, LLC

At Strittmatter Wealth Management Group, we believe in freedom. Freedom to enjoy life. Our core purpose is to help our clients achieve this freedom by providing them with optionsand strategies suited to their financial goals and objectives.