Presentation on theme: "Life, Estate & Inheritance Planning – God’s Way. What Is “Estate Planning”? A Process that Allows You to: Control Your Property While You’re Alive and."— Presentation transcript:
What Is “Estate Planning”? A Process that Allows You to: Control Your Property While You’re Alive and Well; Plan for You and Your Loved Ones If You Become Mentally Disabled
Give What You Have To Whom You Want When You Want The Way That You Want All at the Lowest Possible /\ Cost to You and Those You Love Overall What Is “Estate Planning”?
What Is Estate Planning? (cont’d) Incorporates a balance of financial, social, emotional and spiritual values and aspirations. Establishes a meaningful legacy during your lifetime and beyond.
The “Estate Planning Pyramid” Me My Family My Wealth Protect Wealth Save Taxes Estate Plans that “Work” Focuses on Client Goals Solutions Make Planning Easier Exposes Traditional Planning as “Upside Down”
Insurance Policies What Is an “Estate?” Cash Stocks Jewelry IRA’s Investments Your Home Income Properties Automobiles Antiques Bonds &
Advanced Planning Tools Life Insurance Trust Minor’s Trust Family Limited Partnership Charitable Trust Other Irrevocable Trusts Gifting Programs
Title to Property (Who Owns Your Stuff?) Tax Savings Personal Goals Personal Protections TITLE MEANS EVERYTHING !
1.By Yourself With Someone Else Tenants in Common Joint Tenancy With Rights of Survivorship 3.By Contract Three Ways to Own Property
When Should You Plan Your Estate? Today Mental Incapacity Catastrophic Illness Death Your Planning Opportunity Revocable Living Trust WillLiving Will Powers of Attorney Irrevocable Trust James 4:14, 17 1 Timothy 5:8
Does Your Family Know: What to Do ? How to Do It ? How to Pay For It ? The Real Question
Documents that are properly counseled, designed and drafted to express God’s plan of stewardship for your estate Assets that are properly titled Regularly updated Educated family Controlled settlement costs The Perfect Estate Plan
The 3 Laws of the Harvest 3.You reap MORE than you sow 2.You reap LATER than you sow 1.You reap WHAT you sow
The End Result - Peace of Mind “Well done, my good and faithful servant.”