In this final of three segments from a 2010 edition of “The John Prost Show” on Grosse Pointe War Memorial Television, guests discuss how individuals can incorporate charitable contributions into their estate plans. Christopher Kelly shares the process for creating a Will of Living Trust with host John Prost saying before preparing a Will of Living Trust, individuals should:
1 – Ask who are your financial, legal and tax advisors. 2 – List organizations that have impacted your life. 3 – Identify your goals in supporting those organizations.
Words of wisdom include: “It’s important to leave a legacy because we’re here and we have a purpose and we want that purpose to be carried on for those things that have impacted our lives. [We need to be] thinking about, ‘how do I want to be remembered?’”
LEAVE A LEGACY® Southeast Michigan is a nine-county-wide campaign encouraging people to name non-profit organizations in their wills. The campaign, which is driven by the efforts of volunteers from non-profit groups, and financial, estate planning and law firms, is sponsored by the Planned Giving Roundtable of Southeast Michigan — a group of professionals in legal, financial, and allied fields as well as fundraising professionals whose focus is planned giving.
The campaign resulted from a growing concern for non-profit organizations, who because of increasingly less government funding, are fighting to exist. And the problem worsens because this forces non-profit groups to rely more on public support; however, although 81.5% of people in Southeast Michigan give annually, only 2.8% leave a charitable bequest at death. LEAVE A LEGACY is addressing this problem by educating people about the importance of planned gifts for the charities we depend on and support.
For more information visit http://www.leavealegacysoutheastmichigan.org, call (888) 826-7900 or e-mail leavelegacy@airadv.net.
Duration : 0:3:25
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