Today the first phase of reductions begins for SEPTA service cuts, affecting the following municipalities in Chester County with a 20% service cut. Of the 32 bus routes eliminated in the region, the Chester County bus routes eliminated this month include the 204 (from Paoli to Eagleview) and the 206 (from Paoli to Great Valley)...
Gawthrop Presents: Stephen J. Olsen Speaks on Basics of Estate Planning at Franklin Mint Federal Credit Union
This week Gawthrop Greenwood partner Stephen J. Olsen presented on the basics of estate planning as part of Franklin Mint Federal Credit Union’s financial literacy program.
FMFCU’S Financial Fitness Workshops and Seminars cover a variety of topics tailored to meet the needs of college students, working adults and seniors. According to FMFCU, “Numerous industry studies have shown the impact of financial stress on employees can be as great as that of physical illness. One study revealed roughly one in five employees admitted they had skipped work in the past year to deal with financial problems.”
Olsen provided a basic understanding of estate planning, including:
- How to get started on planning for death and incapacity
- The terminology and default rules associated with inheritance
- What constitutes your probate and non-probate estate
- Why you might consider executing a will, durable power of attorney, health care power of attorney, living will and/or revocable trust
- How your estate planning may change over time
Contact Stephen J. Olsen at solsen@gawthrop.com or 610-696-8225.
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