Wayzata Community Ed

Wills, Trusts, Health Care Directives and Powers of Attorney will be explained. Learn when a Will is sufficient and when you might prefer a Trust. Learn ways to avoid probate. Discussion of common mistakes will help you avoid unwanted consequences.

Whether you plan to stop work all at once, or ease into retirement by working part-time, at some point you will need to arrange for multiple sources of income to replace your paycheck. What do you need to think about as you transition from work life to retired life? Where will your income come from? How can you make it last? At this workshop you will learn: Why you need a retirement income plan 6 questions to ask before you retire How to determine how much income you will need in retirement The 4 primary sources of retirement income 4 popular withdrawal strategies and the pros and cons of each How retirement income is taxed 5 tax planning strategies in retirement A retirement income action plan

What is the difference between a Revocable Trust and a Will? Which tools are right for you given your goals and intentions for your estate? This class will review the key planning tools available to you, including Revocable Trusts, Wills, Powers of Attorney and Health Care Directives. Information will also be provided on probate avoidance and recent shifts in the laws that may impact your planning options and strategies.

Now is the time to start planning for Income in Retirement. You will learn: Social Security 5 factors to consider when deciding to apply for benefits When it makes sense to delay benefits and when it does not How to estimate your benefits Innovative strategies for coordinating benefits with your spouse How to minimize taxes on Social Security Benefits How to coordinate Social Security with your other forms of retirement benefits Medicare How Medicare enrollment periods work – and what you need to do to avoid late-enrollment penalties How much you can expect to pay in health care cost after going onto Medicate How Medicare works with private insurance to provide comprehensive coverage Why most people pay too much for private insurance and how you can avoid excess costs Why you must plan for higher health care costs in retirement – including the possibility of needing long-term care.

Divorcees and Widows/Widowers have options of how and when to receive their Social Security Income. You will learn: Social Security 5 factors to consider when deciding to apply for benefits How to estimate your benefits Rules regarding Divorced Spousal Benefits Innovative strategies for coordinating Survivor benefits. How to minimize taxes on Social Security Benefits How to coordinate Social Security with your other forms of retirement benefits Medicare How Medicare enrollment periods work – and what you need to do to avoid late-enrollment penalties How much you can expect to pay in health care cost after going onto Medicate How Medicare works with private insurance to provide comprehensive coverage Why most people pay too much for private insurance and how you can avoid excess costs Why you must plan for higher health care costs in retirement – including the possibility of needing long-term care.

Professional. Private. Secure. Affordable. This online course is conducted by Jim Ramette, Attorney at Law. Jim will help you to write your own Will in an engaging and interesting seminar format. He will present a short background on Wills, and then explain the unique legal PDF Will he developed which allows you to write, and change, a Will for your circumstances. You may change/update your Will - privately in your home - as often as you decide without additional cost. Write your own Will using your computer; update it at any time at no additional cost. This is more than a general information course! Married or single, with or without children - it is important to have a Will to convey your wishes, have control over the distribution of your property, and to appoint your children's guardians. Discuss questions with instructor. Following class you will complete your Will in the privacy of your home. Using the professionally designed Self-Help WILL, you will easily write and revise a legal Will for your needs, securely and privately, using your own computer. A video of the webinar will be available afterwards. Computer needed to attend the online Webinar. Helpful information will be sent after enrollment and before class. Post-class computer and email are needed as materials are accessed by free Acrobat Reader software. Note: Each person will need their own individual Will document; register per person or couple. When registering per couple you will be asked for both participant's names and email addresses. Each person will receive their own Will.