Who Was the Belle of the Ball At Our Recent Corporate Partners Breakfast?
Two of our staff members attended this event, and brought examples of items paid for by Foundation grants, so our supporters can see exactly what their support has accomplished. By far the most popular item in the room was one of our new “robotic cats,” which our Recreation Therapists use in visits to our residents. The kitty can purr, wave a paw, and even roll over. How cute was it to see a room full of people in business attire, playing with our newest “pet” and having more fun than a bunch of school kids at recess?
Three Elements Essential to Your Financial Planning
What are the three things you need to do today to ensure that your finances are in order, no matter what happens?
According to Mike Kaufman, FBH Foundation Board Chair, Sr. VP at Merrill Lynch, and a recent guest speaker at a Corporate Partners seminar on Financial Planning, everyone needs:
- A will, so your assets are distributed as you wish.
- A durable Power of Attorney, in case you are incapacitated and need someone else to make financial decisions for you.
- A Health Care Proxy, in case you are ill and can’t make medical decisions on your own behalf.
To ensure that everything is done properly, it’s important to consult an attorney who knows this field well. Don’t just download a form off the internet and fill it in—everyone’s situation is a bit different, and a one-size-fits-all approach can spell disaster for you or your loved ones down the road.
Two Most Common Myths About Estate Planning
What are the two things that keep so many people from making a will? See what a recent speaker at our Corporate Partners seminar has to say…
Jason Livingston, a speaker at our recent Corporate Partners seminar and an attorney at the law firm of Pullano and Farrow, tells us:
- I’m not that old—I can wait to make my will. If you are young, and especially if you have minor children, you need a will right now, to ensure their welfare is protected in case anything happens to you.
- I’m just an average person—wills are for rich people! If you have any assets at all—a savings account, a home, a car—you need a will. It’s hard enough to lose a loved one; don’t make it even more difficult for family and friends by leaving them with the burden of trying to guess your wishes, or worse, fighting amongst themselves about what you would have wanted
None of us has a crystal ball and can accurately predict the future. A few simple steps today can prevent major headaches tomorrow.