12 Things to do in 2013- #9 -Laurie Valentine
Don’t believe these estate planning myths:
-You don’t need a Will if you and your spouse own everything in joint names.
-It is best to leave everything to your children, rather than make provision for both your children and
-Creating an estate plan that “avoids” probate will avoid death taxes.
-Only wealthy people include gifts to charitable organizations in their estate plan.
-Your spouse has authority to deal with all of your jointly-owned assets if you become incapacitated.
To dispel these myths and learn how to create an estate plan that protects your family and allows you to be a wise steward of all with which God has blessed you go to www.kentuckybaptistfoundation.org/pg
For more information, please call us at (502) 489-3533 or toll free in KY at 1(866) 489-3533
The information in this article is provided as general information and is not intended as legal or tax advice. For advice and assistance in specific cases, you should seek the advice of an attorney or other professional adviser.