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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.

 

Gawthrop Greenwood, PC has offices in West Chester, PA and Wilmington, DE serving clients throughout the greater mid-Atlantic region and nation. For more than a century, the firm has stood behind its core principle of providing high-quality legal services with personal attention. Gawthrop Greenwood’s diverse portfolio of clients comprises entrepreneurs, businesses, and governmental entities that entrust the firm with their representation in a wide range of matters including mergers and acquisitions, commercial litigation, estate and tax planning, land use and development, and domestic relations. A complete listing of the firm’s practice areas and attorneys, as well as a variety of legal resources, can be found at www.gawthrop.com.

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