Estate planning is for everyone, regardless of age or economic status. It’s a must for those who want peace of mind, knowing their estate will be distributed according to their wishes.
A good estate plan will help you anticipate how you’d like to be remembered in the future. It is your best means of ensuring your intentions are clear and helps your heirs understand your wishes. In addition, by including Glenbeigh in your estate plans you make an impact on the future of addiction treatment and meet your financial goals through a planned gift.
While most estate planning is straight forward you need to make critical decisions. Glenbeigh recommends a professional estate planner, or family attorney, help guide you through the process. Estate planning is a testament. It impacts future generations and affirms your wishes and the legacy you want to leave behind.
Estate planning can be as easy as writing a will, but can also involve trusts, changing beneficiaries of life insurance policies and changing the beneficiary of retirement plans such as 401(k), 403(b), IRA or pension plans. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Special Note: The federal estate tax is currently back in effect through the end of 2012. Please seek the advice of your estate planning advisor to determine what changes, if any, are needed for your existing estate plans.