Page 8 - PGA Community News - August '24

August 2024
Page 8, PGA C.A.N.! BW August 2024
Community Foundation Prepares

For Hurricane Season With Disaster Relief Fund

Local Nonprofit Partners distributed over $6.1 million in relief grants to nonprofit
partners to address the effects of weather-related,
To Benefit From Proactive economic and health crises.
“When it comes to disasters, our ability to be agile
Fundraising Efforts with immediate recovery funds is key,” said Danita
R. DeHaney, president and CEO of the Community
The Community Foundation for Palm Beach and Foundation. “We take our historic leadership role around
Martin Counties announced that it is taking immediate emergency relief to heart because we become a lifeline
action to address the NOAA National Weather Service to the nonprofit partners on the ground during a crisis.
Climate Prediction Center’s warning of “above-normal the flooding, wind and other impacts of these potentially Investing in our Disaster Relief Fund today helps us stand
hurricane activity” in the Atlantic basin this year. NOAA devastating and frequent storms. Emergency preparedness ready to help our neighbors in need in the stormy months
is predicting this year’s season has an 85 percent chance and response is a core grantmaking focus for the organization. ahead. With our donors, we are here to help people rebuild
of storms above normal levels. The Community Foundation has experience supporting their lives in the short- and long-term.”
Through the Community Foundation’s Disaster Relief relief and recovery efforts for all kinds of crises. Since To support the Disaster Relief fund at Community
Fund, the nonprofit organization is raising money now for establishing its Disaster Relief Fund in 2009 in the wake Foundation, visit https://yourcommunityfoundation.org/
local communities that are most likely to be affected by of the housing crisis and recession, the organization has funds/disaster-relief-fund/.
Experience The Thrill: 2024 Fire Truck Pull Event In

Palm Beach County To Benefit Local Nonprofit School

Get ready for an combined team member weight on the rope. The top four director and principal of Connections. “Every dollar
adrenaline-pumping teams in each category will advance to a timed pull-off raised makes a significant difference in the lives of our
challenge! Local to determine the ultimate champions. students.”
c om pe t i t ors a nd “The 2024 Fire Truck Pull gives participants the Prizes will be awarded to winners in four categories:
autism supporters are unique experience of pulling a real fire truck,” says Marc the fastest team pull, the fastest team pull with the lowest
invited to the 2024 Fire Truck Pull on Saturday, Aug. 31, Edenzon, the event chairperson. “It’s a day filled with weight, the highest fundraising team and the highest
at the Gardens Park in Palm Beach Gardens. Registration camaraderie, excitement and energy – all while supporting fundraising individual.
is now open for this fun event that will bring together an important cause.” The 2024 Fire Truck Pull promises to be a memorable
teams from across South Florida to compete in a unique In a display of camaraderie, team members are calling experience, filled with community spirit, friendly rivalry
challenge of power and speed while also helping raise on their friends, family and local community to support and the opportunity to help local individuals living with
funds for Connections Education Center, a local nonprofit their effort by donating to Connections. Participants hope autism. Entertainment will be provided by Digital Vibez.
school for students with autism. to raise vital funds that will directly benefit educational Donations can be made on behalf of participating teams
Teams will compete in two timed events, showcasing opportunities for the 120-plus students and adults with or team members through the event website. This event
their strength and teamwork. In the first event, teams of autism who attend Connections. is open to the public.
eight members will compete to pull a real fire truck 30 “This event not only showcases physical strength For more information about the 2024 Fire Truck Pull,
feet faster than other teams. The second event will put but also the strength of our community’s support for including team registration and donation details, please visit
a twist on the competition, where teams will strive not individuals with autism,” says Debra Johnson, executive https://www.connectedpb.com/fire-truck-pull.
only to pull the fire truck fastest but also with the lowest

Summer Financial Focus

Is Here! Whom Should You Choose As in that position for many years, so you’ll want to name
someone who is in good physical and mental health. Of
A Trustee?
course, things can change over time, so if you observe that
your chosen trustee has begun to suffer physical or mental
Summer is here! Along with summer comes By Sally Sima Stahl decline, you may need to name a successor trustee in your
the increased temptation to utilize the golf When drawing up your trust document.
courses as a park/playground, but we must ask estate plans, you might • Conflict of interest – You want your trustee to carry
you to refrain from any non-golf related access. find it useful to create a out your wishes in a fair manner — so, you should pick
Summer is a time when tremendous revocable or irrevocable someone who doesn’t have a conflict of interest with any
maintenance is performed on all the courses, trust, either of which can of the beneficiaries you’ve named in your trust. Of course,
so there is a great deal of equipment and work help your estate avoid this can be tricky if you want to name a family member as
being done. In addition it is a time when golfers probate court and give you trustee. So, if you do, you’ll need to spell out your wishes
play early to beat the heat and also play late to significant control over how clearly — to the trustee and to other family members.
and when your assets are
Here’s something else to think about: Instead of choosing
do the same. distributed. But who should an individual, you could name a corporate trustee. By doing
For your safety, please do not access the oversee your trust? so, you can receive some key benefits, such as objectivity
courses unless you are registered to play golf. As the person who established the trust — known as and potentially avoiding some of the family-related disputes
Thank you the “grantor” or “settlor” — you can also name yourself as that can arise when an estate is settled. Also, corporate
trustee. However, this may not be the best move, particularly trustees have the expertise and resources to navigate the
if the trust is irrevocable. An irrevocable trust protects the various tax and inheritance laws affecting living trusts.
assets in the trust from creditors and civil judgments, but if Whether it’s a trusted individual or a corporate entity, the
you serve as trustee, this protection will disappear. It might right trustee can make a big difference in the effectiveness
be more advantageous for you to be the trustee of a revocable of your living trust — and, by extension, the outcome of
(living) trust, which can be modified without much trouble your comprehensive estate plans. So, start your search, get
and allows you to move assets in and out of the trust and to the help you need and take the steps necessary to arrive at
change trust beneficiaries. You should work with a qualified a choice for trustee that’s right for you and your family.
estate-planning attorney to determine which type of trust, This article was written by Edward Jones for use by
if any, is appropriate for your situation, and to get some your local Edward Jones Financial Advisor, Edward Jones,
guidance on the wisdom of serving as your own trustee. Member SIPC.
If you decide to choose someone else as trustee, you’ll Edward Jones is a licensed insurance producer in
want to consider the following factors: all states and Washington, D.C., through Edward D.
• Trust – In thinking about whom you might want to serve Jones & Co., L.P., and in California, New Mexico and
John Deloach as your trustee, the most important attribute is trust. Do you Massachusetts through Edward Jones Insurance Agency
trust that this individual will always act in your best interest? of California, L.L.C.; Edward Jones Insurance Agency of
Experienced Driver If so, then they may be a good trustee candidate, but you’ll New Mexico, L.L.C.; and Edward Jones Insurance Agency
also need to look at other considerations.
of Massachusetts, L.L.C.
For your errands and airport transportation • Financial management skills – The person you choose to Edward Jones, its employees and financial advisors
Ride in my Lincoln be your trustee doesn’t have to be an accountant or a financial cannot provide tax advice. You should consult your qualified
Continental professional — but they should be skilled at managing their tax advisor regarding your situation. ®
own finances. And they should be well-organized and good Contact us at (561) 748-7600, Sally Sima Stahl, CFP ,
References available with details. AAMS , 1851 W. Indiantown Road, Ste. 106, Jupiter, FL
™
upon request • Mental and physical fitness – Your trustee could serve 33458.
Please call (561) 310-1063 Paid Advertisement