Plan Today for a Sound Tomorrow
 |
A love for the University is passed down to many generations. |
With increasing change and complexity a part of everyday life, you need a plan to preserve the assets you have worked much of your lifetime to acquire. When considering how your property will ultimately be distributed, it is important to plan now to ensure that your wishes are carried out later.
An effective estate plan will often revolve around a will. There are many reasons to have an estate plan—the most obvious of which is the peace of mind it can bring.
Just Imagine
Imagine knowing exactly how your assets will be distributed once you no longer need them. Imagine making specific provisions for family members and others you care about, like The University of Alabama. And finally, imagine knowing that your loved ones will not have to deal with unnecessary delays or difficult legal proceedings when carrying out your final wishes. A well-thought-out estate plan offers these benefits and many others.
Be Clear
Think of your estate plan as an instruction manual for the division of your assets. The ideal instruction manual is clear and precise, leaving no room for confusion. A poorly designed manual isn't clear and thus makes the job at hand more difficult than necessary.
The only thing worse would be not having a manual at all! Which is why, once you make the decision to plan your estate, you should enlist the aid of your most trusted advisors to ensure that your plans are clear, functional and legally valid.
Start Today
If you don't already have an estate plan in place or you think your existing plans need updating, there's no reason to wait. Read on for more information about the importance of planning.
The purpose of this publication is to provide general gift, estate, and financial planning information. It is not intended as legal, accounting, or ot professional advice. For assistance in planning charitable gifts with tax and ot financial implications, the services of appropriate advisors should be obtained. Consult with an attorney for advice if your plans require revision of a will or ot legal document. Tax deductions vary based on applicable federal discount rates, which can change on a monthly basis. Some opportunities may not be available in all states.