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CCFB News» September 2019

Workshop preparing Wills and Trust and Transferring Non-Titled Property

09/06/2019 @ 10:15 am

When:                    Tuesday, October 22, 2019 from 6:30-9 p.m.

 

Where:                   Country Financial Building

                                    9731 165th St #36

                                    Orland Park, IL 60467

                                    No charge for Cook County Farm Bureau Members

Cost:                       $10 per person for non-members

 

To Pre-register:    Call the Cook County Farm Bureau at 708-354-3276.

 

Register by:           Tuesday, October 15, 2019—Limited seating!

 

Speakers and Program Descriptions:

 

Estate Planning and Trust Administration

Presented by Thomas J. Olofsson, J.D., Estate Planning Attorney                                                                            

Do you need to update your will? Do you know what to do in preparing a will and a trust? Do you understand what probate court is? This program will provide the advantages and disadvantages of preparing a will and trust. The program will inform you what types of information you will need to gather and decisions you will need make before meeting with a lawyer to prepare a will or trust. Also, tips will be shared on what to look for in choosing a lawyer and where to locate a lawyer for this task.

 

Who Gets Grandma's Yellow Pie Plate and Grandpa’s Pocket Watch? Transferring Non-Titled Property!

 

Presented by Katherine Reuter, Consumer and Financial Education Consultant

 

Distributing personal items such as wedding pictures, a vase, furniture, jewelry, Grandpa’s pocket watch, or even Grandma's pie plate is an issue that impacts almost all families. Attorneys say that personal property, not the more valuable titled property, causes the most problems when settling an estate. This program will provide tips to help you distribute your own or others non-titled property such as understanding the sensitivity of the issue; deciding what you want to accomplish; deciding what the word “fair” means in your family; identifying the meaning of precious possessions; recognizing distribution options and consequences; and learning how to manage conflicts, if they arise.

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