Page 30 - Southern Exposure - September '19

Page 30, Southern Exposure

fINaNcIal focuS

Estate Plans Can Help You

Answer Questions About The Future

By Sally Sima Stahl
The word “estate” conjures are not around. You also might want to name a conservator do have some appealing options. For example, you could
images of great wealth, which – sometimes called a “guardian of the estate” – to manage establish a charitable lead trust, which provides financial
may be one of the reasons so any assets your minor children might inherit. support to your chosen charities for a period of time, with the
many people don’t develop • Will there be a fight over my assets? Without a solid estate remaining assets eventually going to your family members. A
estate plans – after all, they’re plan in place, your assets could be subject to the time-consuming, charitable remainder trust, by contrast, can provide a stream
not rich, so why make the expensive – and very public – probate process. During probate, of income for your family members for the term of the trust,
effort? In reality, though, if your relatives and creditors can gain access to your records, and before the remaining assets are transferred to one or more
you have a family, you can possibly even challenge your will. But with proper planning, charitable organizations.
probably benefit from estate you can maintain your privacy. As one possible element of an As you can see, careful estate planning can help you
planning, whatever your asset estate plan, a living trust allows your property to avoid probate answer many of the questions that may be worrying you.
level. And you may well find and pass quickly to the beneficiaries you’ve named. Be aware, though, that certain aspects of estate planning,
that a comprehensive estate • Who will oversee my finances and my living situation especially those related to living trusts and charitable trusts,
plan can help you answer some questions you may find if I become incapacitated? You can build various forms can be complex, so you should consult your estate-planning
unsettling – or even worrisome. of protection into your estate planning, such as a durable attorney or qualified tax advisor about your situation. But
Here are a few of these questions: power of attorney, which allows you to designate someone once you’ve got your plans in place, you should be able to
• What will happen to my children? With luck, you (and to manage your financial affairs if you become physically face the future with greater clarity and confidence.
your co-parent, if you have one) will be alive and well at least or mentally incapacitated. You could also create a medical This article was written by Edward Jones for use by
until your children reach the age of majority (either 18 or 21, power of attorney, which allows someone to handle health your local Edward Jones financial advisor. Edward Jones,
depending on where you live). Nonetheless, you don’t want care decisions on your behalf if you become unable to do so its employees and financial advisors cannot provide tax or
to take any chances, so, as part of your estate plans, you may yourself. legal advice. You should consult your attorney or qualified
want to name a guardian to take care of your children if you • Will I shortchange my family if I leave significant tax advisor regarding your situation.
assets to charities? Unless you have unlimited resources, Call me for a free portfolio review at (561) 748-7600,
you’ll have to make some choices about charitable gifts and Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste. 106,
money for your family. But as part of your estate plans, you Jupiter, FL 33458.
NewS from JupITer p.d.

Fall is Coming! First Day of Autumn

Chief’s Corner September 23

Dear Resident,
Too often people are
becoming victims of
vehicle thefts. One of
the top priorities of the
Jupiter Police Department
is to decrease the number
of vehicle burglaries and
thefts by educating and
reminding residents to
never leave valuable
items within their vehicles
and always lock their vehicle doors.
Remembering to lock the doors when you leave your
vehicle is the number one security measure to prevent a
theft of your vehicle or belongings. Leaving your vehicle
unlocked is an easy opportunity to become a victim.
Do not leave any valuable items, including firearms,
in your vehicle; especially within plain view of someone
walking by. This includes not only while parked at a
shopping center, a beach, or the gym, but as well as when
you are parked in front of your own home. Take your
valuables with you, or leave them inside your home, and
never, ever, leave your key fob in your car.
Also, remain alert and aware of your surroundings. If
you see someone suspicious, such as a person walking
around a parking lot looking into vehicles or someone
pulling on random vehicle door handles, please contact
us to report this activity.
In addition, know your
community. If you see
unusual activity within
your neighborhood, or
if something seems out
of the ordinary, do not Looking For A Way To Reshape Your Life?
hesitate to contact us to
report it. It is important Men and Women of All Ages
FREE!
FREE!
FREE!
for you to be the eyes and Come Try - Your First Visit Is FREE!FREE!
ears of your community.
Contact us any time at (561) 746-6201, or in the event
of an emergency call 911. SPECIALS
Please continue to visit us on our website at www.
jupiter.fl.us/jpd, and on Facebook @JupiterPolice to $200 for 20 Sessions
learn about new and happening events within the Town
of Jupiter. Call Phil Now For Details 561-541-5074
Sincerely,
Daniel J. Kerr, Remember, You’re Not Fit, Unless You’re Phil Fit
Chief of Police