A good estate plan will help you anticipate the future and manage the present. It is in your best interest and in the interest of your heirs to make sure that your intentions are clear.
Estate planning is usually not a do-it-yourself project. You’ll be faced with critical decisions that only a professional estate planner can help you make.
Simply defined, estate planning is the process of thoughtfully providing for the efficient transfer of your assets to your heirs and charitable interests in accordance with your wishes. It is a testament that affirms not only how your estate will be distributed, but also what kind of a legacy you will leave behind and the impact it will have for future generations.
Estate planning isn’t just for the rich or older people. Everyone should do it. It can begin with the simplicity of writing a will, but it can also involve trusts, changing beneficiaries of life insurance policies and retirement, selecting guardians for minor children, providing lifetime income for yourself and others, minimizing taxes and other estate settlement costs or passing on business interests and providing for your charitable interests.
Such giving techniques are called “planned gifts,” because with thoughtful planning, you create win-win solutions for you and the Kovler Diabetes Center.
What you can give after your lifetime:
For more information, please visit MEDICAL CENTER DEVELOPMENT.