Factors in Planning
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 the Franciscan Foundation.
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 the Franciscan Foundation 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 Jon Calder
at (253) 428-8415. Thank you for your consideration of the Franciscan
Foundation.
Return to Planned Giving home page.
Text written by Robert F. Sharpe, Sr. and reprinted with permission
from The College of William and Mary National Planned Giving Institute.
Jon Calder, Director of Major and Planned Giving
(253) 428-8415
Email:
joncalder@fhshealth.org
Please note, individual financial circumstances will vary. The information on this
site does not constitute legal or tax advice. Donor stories and photographs are
for purposes of illustration only. 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 section terms of use. The content in this Planned Giving
section has been developed for the Franciscan Health System and is owned by Future Focus. Please report any problems
to
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