Who needs a trust? What type of trust would you need, revocable of irrevocable, to administer your estate? What are the benefits and the cost associated with each trust? What investments are the most beneficial for your trust? Joe Maier, Director of Wealth Strategy, Johnson Financial Wealth Group, will address these questions and explain how a beneficiary can obtain partial distribution from a trust and what are the approval processes. Joe will also describe the process of administering a trust that is outside of the United States.
Park Morris Drescher, Vice President, Director of Trust and Estate Services, will provide an overview of the Trust and Estate Administration departments and detail each function. He will illustrate the significant legal responsibility to make decisions within the guidelines and authority granted them for the trust and estate administration. The overall fee for administering and settling a trust will be covered in detail. Park will highlight the liquidation of trust accounts such as real estate and other assets. The trustee’s responsibility is to follow the trust exactly as written. The trustee works with in-house and external legal and tax experts as needed. The trustee oversees and coordinates the distribution of the assets to individual beneficiaries and the preparation of final income tax returns.
Following the informational presentations, representatives from both offices will form a panel to address questions from the audience.
Food pantry contributions
Both cash and checks payable to Goodman Community Food Pantry will be accepted.
Parking
Enter Oakwood grounds at the traffic light at Island Drive and Mineral Point Road. Take the left fork and then the second driveway on the right to enter visitor underground parking. Push the button for assistance. Park in any visitor stall; take elevator to first floor lobby where signs or a receptionist will help. When you exit the underground parking the garage door opens automatically. You may also park in a surface visitor spot (marked spaces along the drive and up the hill toward the large lot).
On foot, enter Heritage (6205 Mineral Point Road) at its main entrance (third driveway on the right, at stop sign) or enter the auditorium doors directly from the lower drive.
If taking the bus, Madison Metro Bus Routes 14 and 67 stop on Mineral Point Rd in front of Oakwood, if traveling easterly, or across Mineral Point Rd from Oakwood if traveling westerly.
Here is a link to the Oakwood Village University Woods campus map showing the location of underground parking lot and surface parking spaces. The location of the Arts and Education Center is also highlighted in yellow.
Registration
Advance registration is required. You are encouraged to register online. If you are not registered, we cannot guarantee that there will be sufficient handouts available. If you or your companion registered for this seminar but cannot attend, please email or call the UWRA Office.
To register by phone or email, call or email
UW-Madison Retirement Association
21 N Park St, Room 7205
Madison WI 53715-1218
608-262-0641
retireassn@mailplus.wisc.edu
