Legacy | A Publication of Lena Pope Legacy | Winter 2013 | Page 14

a Ms. Anna Sterling Mr. and Mrs. Gif Summers Ms. Tammy Weatherred Honorariums In honor of… Edwin Brillhart LeAnna Brillhart Mary Jones Cory Jones Mike Reilly and Family Sarah Walker Eva “Miss Eva” Rodriguez Monica and Rob Napier Chatchawee Varapas Thailicious Beth “Miss W” Waldrop Monica and Rob Napier HOW BASIC ESTATE PLANNING TOOLS CAN BRING YOU PEACE OF MIND have a Will that provides in broad, general terms who should receive your belongings, or you can provide very specific instructions directing who receives each of your personal possessions. Essentially, your Will is a document that reflects what was important to you during your life. In my experience as an estate planning attorney, I have Through the use of simple bequests, you can create a found that many people believe estate planning is only legacy that helps to ensure the charitable causes that are necessary for those who have amassed great wealth important to you now can continue this charitable work Memorials during their life. This is simply not the case. Everyone in the future. In loving memory of… Virginia Farrell King* Marty Leonard Ruby Nelson* LeAnna Brillhart Margot Lily Perry* Laura and John Minor Marisa and Brandon Perry Janice and Michael Schauwecker Pamela and Stephen Gilchrist has possessions, and everyone deserves to have the In-Kind Robin Cappel, Tony Pranger, Rachel Navejar, Nestor Martinez Mr. and Mrs. Cliff Ellis Mr. and Mrs. Travis Essl Ms. Carin Evans Ms. Lauren Freeman Ms. Sherry Gearner Mr. and Mrs. David Hallum Mr. and Mrs. Chris Hazzard HCA Caring for the Community Ms. Lauren Hexton Ms. Melanie A. Jones Mr. and Mrs. Richard King Ms. Lyn Lewars Mr. and Mrs. James Lewis 14 LEGACY Ms. Lindsey Mallek Ms. MaryAnn Means Mr. Jerry Norton Ms. Leslie Patterson Mr. and Mrs. Chip Patton Mr. and Mrs. Jeff Pavell Ms. Amy Porter Ms. Lauren Quiroz Mr. and Mrs. Frederick Rehfeldt Mr. and Mrs. Andres Rodriguez Safeway, Inc. Mr. and Mrs. Corey Scott Dr. Donald Stahl Arrow 53 Ms. Amy Culbertson Fort Worth Business Press Girl Scout Troop 4081 Mr. and Mrs. Todd A. Landry Mac Churchill Acura Group, Inc. Mr. Scott Porter Mr. and Mrs. Jeff Salavarria Mr. and Mrs. Scott Sankary Ms. Andrea Thomas Tot to Teen Ms. Cindy Watson peace of mind that comes with knowing that his or If you already have a Will, you should review your Will her possessions will pass to family, friends, and beloved every two to four years to ensure the terms still meet charities according to their wishes. Having a Last Will and your needs. Updating your Will does not have to be a long Testament (a “Will”)—and keeping that Will updated—is and involved process. It can be as simple as attaching a fundamental to attaining this peace of mind. codicil (an amendment) to your Will that accounts for life changes that may have occurred since the original If you do not yet have a Will, you may not be aware of drafting. Major life events and even the passage of time all that it can accomplish. At its most basic level, a Will may drastically affect how you would like your personal simply relieves your family and friends from having to possessions to be distributed. Although it may require guess how your belongings should be distributed after the help of your attorney, writing a codicil can ensure you are gone, which not only can alleviate stress for your Will is an up-to-date reflection of what is important your loved ones during a difficult time, but also can to you. prevent conflicts from arising. Naming an executor is you to choose someone you trust to be responsible for a ensuring the terms of your Will are carried out. Moreover, Even though starting the process of having a Will can a Will can serve as a significant tax planning tool and can be difficult, exploring your options, organizing your provide you with a way to appoint a guardian over your possessions, and reflecting on what or who is important minor children and dependents. to you are all great first steps toward creating a plan to another important function of a Will because it allows distribute your assets at death that accurately reflects all * Indicates a Lena Pope Home friend now deceased. It may seem like a daunting task, but creating a Will that you value. can be as complex or as simple as your prefer. You can LEGACY 15