City Of Blaine Offers Free Estate Planning Seminar To Address Common Concerns And Preparation Strategies

City Of Blaine Offers Free Estate Planning Seminar To Address Common Concerns And Preparation Strategies

The city of Blaine, understanding the complexities that come with estate planning, will be hosting a no-cost session to tackle this often intricate topic, announced for Thursday, January 23, at 10 AM. The event aims to inform the community about six common concerns many face when dealing with estate planning, including how to avoid probate and prepare for unforeseen circumstances like debilitating illnesses such as Alzheimer's.

This forthcoming seminar is designed to not only highlight issues like the potential financial drain of a nursing home stay or Medicaid spending down, but also to discuss strategies to safeguard income against outliving it, protect assets from volatile market shifts, and mitigate the burden of various taxes; all challenges that can be overwhelming without proper guidance.

The city promises an educational overview of different methods that can circumvent the probate process including, but not limited to joint tenancy, beneficiary designations, and the establishment of a revocable living trust which can offer control over one's estate, according to the official announcement found on the Blaine city website.

For citizens interested in delving into these topics, resources, and knowledge will be imparted at the meeting with an emphasis on addressing these areas prone to causing confusion and stress individuals may face when planning their estate. Registration for the workshop, which will take place at a designated city facility, is required and can be arranged by reaching out to the provided phone number or by visiting the event registration page via BlaineMN.gov/MAYCRegister.

SOURCE: hoodline