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Investing in Well-being: Covid, Death, & Taxes - Young Lawyers, Make a Plan! [CC]
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Investing in Well-being: Covid, Death, & Taxes - Young Lawyers, Make a Plan! [CC]
Get tools to help prepare for unwelcome life events.
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Closed Captioned.
Finances are consistently a leading source of stress for American households—especially for young professionals like lawyers burdened with overwhelming student loan debt. The ability to meet financial goals and needs determines an individual's financial health and future. Financial health affects many aspects of personal well-being and contributes to overall health and happiness.
The best time to plan for bad news is prior to crises, with foresight and a clear head. Death is guaranteed. An orderly transition is not. Many young lawyers mistakenly assume that they have decades to go before estate planning. Covid awakened many.
The need for that plan often emerges by surprise with financial and medical decisions become necessary. How will loved ones be cared for? What about property? Taxes? Debts like student loans? Your law practice? By the end of this session, you will have an elementary idea of: why you might start to plan NOW, what an estate plan might include, issues to spot, what facts in your life are relevant, which advisors play what roles, questions to ask of your advisors, and how planning can lead to LESS STRESS and anxiety.
Product Details
Moderators
Contributors
Section of Taxation
Co-sponsors
Section of Real Property, Trust and Estate Law
Panelists
Melisa Seyhun, Rene Morency
Sponsors
Product Code
YL2103CDTOLC
Duration
60
Publication Date
3/24/2021 12:00:00 AM
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