A Plan For All
If you own anything, you have an estate. After your lifetime, your estate is settled; however you have planned for money and property to be left to your family, loved ones, and the charities you care about, like Hospice of Davidson County. In general terms, a will or living trust is the legal document that coordinates the distribution of your assets after you pass on.
Estate planning is for everyone.
It is not just for “retired” people. Unfortunately, you can’t predict how long you will live, and illness and accidents happen to people of all ages.
Estate planning is not just for “the wealthy,” although people who have built some wealth do often think more about how to preserve it. Good estate planning often means more to families with modest assets, because they can afford to lose the least.
Too many people don’t plan.
Individuals put off estate planning because they think they don’t own enough, they’re not old enough, they’re busy, think they have plenty of time, they’re confused and don’t know who can help them, or they just don’t want to think it. Then, when something happens to them, their families have to pick up the pieces.
As a service to the community, Hospice of Davidson County often offers Advanced Directive Services free of charge. Contact us for details.
Estate planning documents are written in broad legal terms. Some terms that you will commonly see in these documents include maintenance, support, health, and education. Eventually, your estate plan and the included wishes will need to be implemented. Since there can be numerous interpretations to these terms, a letter of intent can help provide clarification with additional context regarding what you want these terms to mean.
Estate Plan Gift Bequest Agreement
Estate Plan Giving is exactly like it sounds, and it gives you the ability to leave a gift to Hospice of Davidson County through your will or trust.
Your Estate Plan Gift provides the following benefits:
- You have the opportunity to make a major gift while preserving assets during your lifetime.
- You may realize a reduction in federal estate taxes.
- You have the opportunity to designate a gift to support a specific program or service offered by Hospice of Davidson County.
NOTE: THE INFORMATION PROVIDED ON THIS PAGE IS STRICTLY FOR EDUCATIONAL PURPOSES. IT IS IN NO WAY INTENDED TO REPLACE THE NEED FOR SOUND LEGAL COUNSEL. WHEN PREPARING A WILL, HEALTHCARE DIRECTIVES, POWER OF ATTORNEY, AND OTHER LEGAL DOCUMENTS, PLEASE DO SO UNDER THE DIRECTION OF A PRACTICING ESTATE PLANNING ATTORNEY, OR COMPARABLE SERVICE RECOGNIZED BY THE STATE OF NORTH CAROLINA.