Fine-tuning Plans for the Future
The first part of the year is traditionally
a time for new beginnings—a time
for reflecting on the past and planning
for the future.
For many, the beginning of the
year is also a time for reviewing and
updating their long-range financial
plans. Experts agree that with the
uncertainties of the economy and tax
law changes under consideration in
Washington, it is even more important
to keep those plans up-to-date.
In addition to taking care of family,
such a review often includes finding
ways to make provisions for charitable
interests through estate plans.
Simple and Rewarding
Including the University and other
charitable interests in your estate and
financial plans can be a simple and
rewarding process. In fact, you can
often accomplish the results you desire
with very minor modifications to existing
plans.
As you review your plans for 2010,
you may wish to consider arranging a
gift through your will, living trust, or
other plans. After providing for loved
ones and others who rely upon you for
support, you may choose to remember
the University and other charitable
interests with a gift of a specific
amount, a percentage, or the residue
of your estate. The University is always
grateful to be “last in line.”
Meeting Needs and Goals
Routine reviews of your long-range
plans are the best way to make sure
your arrangements are up to date and
meet your current needs and goals. In
this issue of The Crimson Legacy, we
share practical ways to take charge of
the planning process for your benefit
and for the well-being of your family
and others. Also included are thoughts
and ideas from alumni and friends of
the University.
Read on to learn how you and
those you care about can benefit from
thoughtful planning. We hope you find
this information helpful. Please contact
us for more information without
obligation.
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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.
