|
Planning
Factors
One very important
aspect of planning for the future is to take time to consider
your overall financial and estate plans. Many people never
get around to making a will or other estate plan, for example,
and that's a real shame because so many good things can
come out of the planning process -- not the least of which
is your own peace of mind.
 If
you are ready to consider making or reviewing your estate
plan, consider using the four "P's" as a simple guide. Before
going to visit your attorney and/or other professional advisor,
take time to list the following:
PEOPLE:
Who are all the people in your life who depend on you or
whom you might want to remember in your plans? Spouse, children,
grandchildren, other relatives, friends and loved ones come
to mind.
PROPERTY:
What are the various properties you own that together make
up your estate? List real estate, insurance, annuities,
mortgages held, automobiles, furniture, etc. Make a note
of the cost of each, the estimated current value and any
income or debt involved.
PLANS:
How would you like to match your properties to the people
you have listed? Be sure to include any plans you have to
remember your charitable interests, such as Bay Area Rescue
Mission.
PLANNERS:
Who are the people you will need to talk with to complete
your plan? Remember to list your attorney, insurance agent,
broker, trust officer, certified financial planner and perhaps
others.
Once you have
been through this process, you are ready to put it all together.
We at Bay Area Rescue Mission would be most honored to be
a part of your future plans. If you would like more information
about us, or if we can help in any way, please feel free
to call or e-mail
Debra Anderson at 510 215-4879. Thank you for your consideration
of Bay Area Rescue Mission.
Return to
Planned Giving home page.
Please
note, individual financial circumstances will vary. The
information on this site does not constitute legal or tax
advice. As with all tax and estate planning, please consult
your attorney or estate specialist. All material is copyrighted
and is for viewing purposes only. Use of this site signifies
your agreement with the terms of use.The
content in this Planned Giving section has been developed
for Bay Area Rescue Mission by Future
Focus.
Please report any problems to webmaster.
Revised: March 5, 2006 18:07.
|
