Jun 14, 2016
By senior estate planner and elder law attorney Rick L. Law of the Estate Planning Center at Law Elder Law, a multi-generational law firm serving seniors, boomers, and their families in West suburban Aurora, Illinois.
When I was just a high school kid, I was visiting my favorite farm family cousin, when I learned one of the most loving lessons about giving. My cousin was teasing her dad and asked, “Dad, are you and Mom going to pay for my wedding?”
We were just teenagers then, so there was no wedding planned at that time. None the less, her dad suddenly got very serious and told her to sit down with him. He looked deeply into her eyes and said,
“Yes Honey! There are a lot of things that your Mom and I hope to be able to give to you with warm hands.”
I was not a part of the conversation but I was stunned by the impact of his words. He understood full well that someday, his hands would be cold.
Donating time and money to children and youth programs while you’re still alive is a great example of warm hands giving. How fulfilling it is to see your smile reflected back in the eyes of a hopeful child.
As an estate planning attorney, many of my clients live and give generously with their time and their money. They unselfishly support both the people and the organizations that they love and cherish.
Surprisingly when it comes time to do their estate plans, there seems to be a disconnect in that they often overlook allocating a percentage of their wealth to the organizations that they supported during their lifetime. Maybe it’s because it’s almost taboo to talk about estate planning.
Most people don’t realize how satisfying and painless it is to generously bless the future work of their favorite not-for-profit organization.
Plan ahead to pass your baton to future do-gooders and would-be philanthropists so that they can better serve future generations needs. This can be one of the most marvelous and loving ways to give with warm hands.
If you’re ready to start getting your estate in order and secure your assets for the “worst-case” scenario, please give our office a call at 800-310-3100. Your first consultation is absolutely free. We’ll let you know what steps you need to take, right now, to protect yourself and your family. Call now.
Rick L. Law, Attorney, Estate Planner for Retirees.
Rick has been named the #1 Illinois elder law estate planning attorney for the past 8 years in a row by Leading Lawyer Magazine. He has been quoted in the Wall Street Journal, AARP Magazine, TheStreet.com, and numerous newspapers and articles. Rick is the lead attorney for Law Elder Law, LLP, focusing in Estate Planning, Guardianship, and Nursing Home Solutions. His goal is to give retirees an informed edge when it comes to dealing with an uncertain future. Get flexible retirement strategies that work during good times and bad, plus information on how you can save your home and assets from being used to pay for long term care. Call 800-310-3100 for your free consultation now!
My wife and I had our first child three years ago. That’s when we decided to set up a trust, should anything happen to either of us. We reached out to Zach Hesselbaum to help us out. He was very thorough and professional throughout the whole process. Zach went above and beyond to make sure that we understood every detail of setting it up and he did an excellent job. We recently had our second child a few months ago. With the new baby, he helped us make the necessary revisions to the trust. Zach made this process great for us! I would definitely recommend using him for any of your estate planning needs!
Tom G., Naperville, IL