| Estate planning is more than having a will and planning for the distribution of assets once death has occurred. Estate planning can involve wills, trusts, power of attorney, living wills, and beneficiary designations.
Often times people look at estate planning as "death planning." This is not the case, and it should be viewed as a lifetime process to protect one's assets from basic challenges. In fact estate planning should take place early on in life when you start to accumulate assets, and it should change and develop as your life evolves. Many people that have estate plans, do not realize that they are out-of-date, and should be reviewed and updated often.
WVU Extension of Gilmer and Calhoun Counties is hosting a Women in Agriculture Evening Workshop, Monday, October 29 from 5-7 p.m., at the Calhoun Gilmer Career Center, on West Virginia Highway 5 between Glenville and Grantsville. Ron Hatfield, WVU Extension Family Financial Management Specialist, will be discussing estate planning and Daisy Fryman, Agriculture and Natural Resources Extension Agent, will be giving an overview of the upcoming Annie's Project that will take place starting in January of 2013.
The goal of this workshop is to help participants become familiar with the concepts of basic estate planning and to determine the initial steps to take for planning estate succession. This workshop is for individuals at all levels of estate planning; whether you have a plan in place or you do not have one at all, you will gain valuable information to help you move forward.
If you wish to attend this workshop, contact the Gilmer County Extension Office, 304-462-7061, or Calhoun County Extension Office, 304-354-6332, and let us know you will be coming. Refreshments are being provided by Gilmer County Farm Bureau.
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