2052 - Estate Planning | ||
---|---|---|
2052.1) | 11 |
Number of individuals who reported increased levels of understanding in the area: learned how to manage/address current estate planning issues facing the family, farming operation, or business |
2052.2) | 11 |
Number of individuals who reported increased levels of understanding in the area: identifying estate planning strategies for the family, farming operation, or business |
2052.3) | 11 |
Number of individuals who reported increased levels of understanding in the area: confidence in handling estate planning or specific financial matters |
2052.4) | 11 |
Number of individuals who created at least one specific estate planning goal for the family, farming operation, or business |
2052.6) | 0 |
Number of individuals who implemented at least one strategy in regard to estate planning |
2052.5) | 0 |
Number of individuals who took action toward implementing at least one estate planning strategy in regard to the subject matter presented |
Author: Alyssa Cox
Major Program: Estate Planning
According to the 2019 Kentucky Extension Community Assessment, residents in Wolfe County identified that improving family skills in reducing debt, increasing savings, and financial planning as an issue of high importance. A properly executed estate plan can reduce family stress, reduce federal and state tax obligations, and allow the estate to be settled in an expedient fashion saving both time and money. In response to these issues, Family and Consumer Sciences Agent, Alyssa Cox, and Agric