​On October 23rd in Lisle: `Estate Planning Explained’

“Failing to plan is planning to fail.”

Sometimes attributed to Benjamin Franklin, sometimes to others, the root of the pithy saying isn’t nearly as important as whether you heed its wisdom.

With “Estate Planning Explained,” Jigar Doshi of Bentron Financial Group will lead a free presentation at 7 p.m. on Thursday, October 23rd at the Lisle Public Library,777 Front St.

To learn more and register, visit https://tinyurl.com/LisleEPE. You can contact Xavier Duran at the library, at duranx@lislelibrary.org or 630-971-1675, ext. 1505.

In the session, Doshi will cover the estate planning process from beginning to end, including the need to plan, the most common planning techniques and the documents involved. The class will also explain the difference between a will and a trust while providing attendees an understanding of probate, wills, power of attorney for healthcare, power of attorney for financial matters, living trusts, and guardianship appointments.

By the end of the session, attendees will have gained a thorough understanding of the steps they need to take to protect their spouse and heirs.

Thereafter, attendees will be introduced to 10 critical questions that every retiree must answer before embarking on a successful retirement. In addition, the session will cover the basic need for an estate and/or a financial plan, as Doshi provides an estate analysis questionnaire and an example of a balance sheet.

“In a real practical way, this program helps people assess whether they are ready to retire,” Doshi said. “And if not, what steps do you need to take to get there?”

A Chartered Retirement Planning Counselor (CRPC), Doshi has an undergraduate degree in chemical engineering from the University of Mumbai-India, and a master's degree in Financial Markets from the Stuart School of Business-IIT Chicago.

Doshi has been providing clarity and vision to successful people for nearly 20 years, using his expertise to maximize returns and improve the client experience. His service includes investment advising, estate planning, risk management and watching out for clients’ overall financial well-being.

He and his wife, Kosha, have two children and are active members of the Vernon Hills Indian Association.

Bentron Financial Group was founded in 2001 by Dr. Jim Flanagan, who has provided financial guidance to people at or near retirement age for over 30 years. In that time, he has become a nationally recognized expert on financial issues impacting older adults and late-life transitions.

Flanagan is the author of Packing For Retirement: A Practical Guide to Prepare for Retirement at Any Age. He also has a series of financial pointers, dubbed My Generation Minute, that air regularly on the radio at 87.7 METV FM in the Chicago area.

Bentron Financial Group is online at www.bentron.com.