Do I Need an Estate Plan?
Yes! See Why
No matter your age or income level, having an estate plan is important. It determines more than just who gets your belongings after your lifetime—it creates your legacy by protecting your loved ones and the organizations and places you hold dear.
If you don’t have a documented estate plan such as a will or trust, the laws of the state in which you reside will determine how your assets are divided and decide the guardianship of children and others under your care. As for all the nonprofits you supported and cherished throughout the years, like Kiddo! (Mill Valley Schools Community Foundation), they’d get nothing.
Start With Small Steps Today
Planning your future is a highly personal process. First, consider these questions:
- Who will receive the home? Vehicles? Jewelry?
- Who would you like to take care of your underage children or other dependents?
- Is there anyone who should not receive assets?
- Are there any charitable organizations or institutions you wish to benefit from your estate?
Once you have these answers, make an appointment with an estate planning attorney to begin putting your wishes into place.
Do I Need an Estate Plan?
If any of these statements apply to you, you should have an estate plan.
- I have children, grandchildren or a pet.
- I have a spouse.
- I have other close family and friends who I’d like to provide for after I’m gone.
- I own a business.
- I’d like more of my estate to go to my loved ones instead of taxes.
- I want my estate to support organizations and institutions I care about.
Include Kiddo! in Your Plans
There are many ways you can ensure your support for Kiddo! (Mill Valley Schools Community Foundation) continues well into the future by including us in your future plan. Together with your attorney, we can find the best giving option for you. Contact Bill Lampl, Kiddo! Executive Director, at firstname.lastname@example.org or 415-389-7790 to get started.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.