Most people plan their week’s projects, vacations and dinner, but very few spend adequate time asking themselves “What’s next?” Avoiding or ignoring that question can decimate a lifetime of asset accumulation.
Donna Krug, Family and Consumer Sciences Extension agent, will team with area agents and representatives from the Kansas State University Foundation to explore some of the planning tools available. The program will provide an overview of planning options and is open to everyone -- because everyone needs to plan.
Estate planning is a tool to help preserve and distribute personal assets based on the owner’s goals, rather than leave distribution to chance and the state’s prescribed plan. Good planning allows individuals to provide for their family, community or favorite charity. The one-hour program will highlight 2011 tax and estate law changes.
“Without good planning, assets may land in the hands of folks not on our priority list or go to pay estate or other taxes,” Krug said. “Education is a key and this program will introduce some of the options available.”
Two free seminars will be held on May 24 at the Hass Building on the Pawnee County Fairgrounds in Larned. The programs begin at 2 p.m. and 7 p.m. Refreshments will be served.
Contact Rodney Wallace at the Pawnee County Extension office to pre-register by calling 620-285-6901 or e-mail firstname.lastname@example.org.