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MONSON — Monson Savings Bank will stage a complimentary ‘lunch and learn’ workshop titled “Estate Planning for Rental Property Owners,” featuring attorney David Walczak, a leading expert on real-estate law and, in particular, estate planning for rental real estate.
The event is designed to help owners of residential and commercial rental real estate to learn how an appropriate estate plan and the use of a real-estate trust can avoid the costs, risks, and headaches associated with inheriting rental property. It will be held Tuesday, July 15 from noon to 1:30 p.m. at MSB’s Wilbraham branch, located at 100 Post Office Park. The event is free and includes lunch, and it is open to the public; however, reservations are required.
“We are pleased to bring this important information to our communities,” said Steve Lowell, president and CEO of Monson Savings Bank. “Many rental property owners do not realize that, too often, when rental property is included in a will — or worse, a probate situation because the property is not included in a will — the costs, risks, and headaches end up outweighing the value to the person inheriting the property.”
Walczak focuses his practice on estate planning, real-estate transactions, small-business organization, and transactional law. His firm, David Walczak Attorney at Law, P.C., is based in Wilbraham.