At a glance • Why establish a will or trust? • What is a charitable bequest?
FALL 2024
• Is a living will the same thing as a healthcare power of attorney?
PREPARED FOR THE BENEFIT OF THE FRIENDS OF CHRISTIAN APPALACHIAN PROJECT
As fall brings a sense of renewal, it’s the perfect opportunity to review your estate plan. Updating your estate plan ensures that your wishes are followed. It’s all about making life as easy as possible for the people we care about most.
who’s managed to accumulate any assets. It’s about being smart and thoughtful with what we’ve got. Let’s make sure your legacy reflects your values and helps those you care about most.
ENSURING THE FUTURE The most fundamental way you can help ensure the future of Christian Appalachian Project (CAP) is to make a provision in a will directing a percentage or specific amount of the estate to CAP. Proper planning ensures that family and charitable priorities are realized.
Did you know, a surprising 68% of US adults have not created a will or living trust? Many people feel like they don’t have enough assets to bother making a will. But estate planning isn’t just for the wealthy. It’s for anyone
Estate Planning Begins With a Will If you prefer not to rely on the state’s default distribution method for your assets, it’s crucial to draft a valid will that reflects your wishes. Crafting a will is a process that merits careful consideration and the expertise of an attorney. Without a will, the laws of the state in which you reside will prescribe how your estate is distributed. Once your will is in place, treat it as a dynamic document that may require updates.