Estate Planning
to Prevent Heirs Property.
PREVENTION FOR CLIENTS
- Preventing asset loss by clearing titles so homeowners can participate in rehab loan programs and other revitalization efforts.
- Counseling clients on how to leave property to their families in a way that prevents the creation of heirs property.
- Preparing last wills and testament directing how property will be distributed upon their death.
- Heirs property owners need a last will and testament even if they only own a fractional interest to avoid compounding the problem.
- Preparing advanced directives for healthcare and financial powers of attorney.
Prevention for Communities
Educating community leaders, nonprofits and cooperative extension agents about heirs property and its potential impact on owners and their communities.
Educating community leaders, nonprofits and cooperative extension agents about estate planning and how it can prevent heirs property.
Positioning communities to apply for and effectively utilize funding for housing programs and disaster recovery and mitigation.
Facilitating Estate Planning for community members to ensure that public/private subsidies are not lost.
The Center has conducted 9 wills clinics at which 72 simple last will and testaments and full estate plans were completed. The Center has also completed estate plans for an additional 150 clients.