CLE on Estate Planning Mistakes

AXAEquitable is sponsoring a 60-minute Webinare on June 16 entitled Ten Estate Planning Mistakes I Hear About Most Often. The program description is below:

Speaker: Deborah Jacobs

As a journalist writing about estate planning, I like to combine real life stories with practical advice. And that means I’m always scouting for people who have implemented the strategies I’m writing about. In the process, I have found widespread misunderstandings about concepts that advisers assume are fundamental. This Webinar, phrased in terms of questions, will cover 10 of them, including:

• I don’t have an estate, so why do I need estate planning?

• Can my will cover my retirement accounts, like a 401(k) and an IRA?

• When a gift is taxable, does that mean I have to pay income tax on it?

• If I convert a traditional IRA to a Roth, do I have to shift the whole thing?

• Durable power of attorney – you mean my living will?

• Aren’t trusts just for people who are extremely wealthy?

• My mother wants to add my name to her bank and brokerage accounts – good idea?

• Does a “transfer on death” account avoid estate tax?

Deborah L. Jacobs, a lawyer and award-winning journalist, is the author of the bestselling book, Estate Planning Smarts: A Practical, User-Friendly, Action-Oriented Guide, 2nd Edition (DJWorking Unlimited, 2011).