On March 17, ten women got together to talk about Estate Planning.

Some key discussion items:

- DO SOMETHING! Even if you can't complete everything fully, do some basics. You can always add more detail later.
- Lots of discussion about living trust or Transfer on Death beneficiary designation. In either case, need to be sure accounts are updated so the asset passes to the desired person or entity
- Assets covered by contract (beneficiary or trust), are transferred outside of the will and without probate so remain private and supersede wills.
- MN has Statutory Short form POA document that you can complete and get notarized. It is the same one used by estate attorneys in the state. Be sure you understand what authority you are giving this person and that you trust them.
- Power of Attorney shouldn't be more than 6 years old - some institutions worry that it might be out of date and won't accept
- Make sure somebody knows where your documents are stored

We will meet via zoom on Tuesday, April 21, 6:30-8:00 PM. Our topic will be Taxes. Since we will all just have submitted our taxes, bring your learnings or questions to share with each other.

All are welcome to join us on zoom. Join the group or contact Cyndy using the info above.