Page 11 - Martin Downs Bulletin - July '19
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Martin Downs, Page 11

                                                    fInanCIal foCus



      Estate Plans Can Help You                          estate planning, whatever your asset level. And you may   time-consuming, expensive – and very public – probate

      Answer Questions About The                         well find that a comprehensive estate plan can help you   process. During probate, your relatives and creditors can
                                                         answer some questions you may find unsettling – or even
                                                                                                           gain access to your records, and possibly even challenge
      Future                                             worrisome.                                        your will. But with proper planning, you can maintain
                                                           Here are a few of these questions:              your privacy. As one possible element of an estate plan,
      By Bryce Buchanan,                                   •  What will happen to my children?  With luck,   a living trust allows your property to avoid probate and
      Edward Jones                                       you (and your co-parent, if you have one) will be alive   pass quickly to the beneficiaries you’ve named.
        The word “estate”                                and well at least until your children reach the age of     •  Who will oversee my finances and my living
      conjures images of great                           majority (either 18 or 21, depending on where you live).   situation if I become incapacitated?  You can build
      wealth, which may be one                           Nonetheless, you don’t want to take any chances, so, as   various forms of protection into your estate planning,
      of the reasons so many                             part of your estate plans, you may want to name a guardian   such as a durable power of attorney, which allows you
      people don’t develop estate                        to take care of your children if you are not around. You   to designate someone to manage your financial affairs if
      plans – after all, they’re                         also might want to name a conservator – sometimes called   you become physically or mentally incapacitated. You
      not rich, so why make the                          a “guardian of the estate” – to manage any assets your   could also create a medical power of attorney, which
      effort? In reality, though,                        minor children might inherit.                     allows someone to handle health care decisions on your
      if you have a family, you                            • Will there be a fight over my assets? Without a solid   behalf if you become unable to do so yourself.
      can probably benefit from                          estate plan in place, your assets could be subject to the     • Will I shortchange my family if I leave significant
                                                                                                           assets to charities? Unless you have unlimited resources,
                                                                                                           you’ll have to make some choices about charitable gifts
                                                                                                           and money for your family. But as part of your estate
                                                                                                           plans, you do have some appealing options. For example,
                                                                                                           you could establish a charitable lead trust, which provides
                                                                                                           financial support to your chosen charities for a period of
                                                                                                           time, with the remaining assets eventually going to your
                                                                                                           family members. A charitable remainder trust, by contrast,
                                                                                                           can provide a stream of income for your family members
                                                                                                           for the term of the trust, before the remaining assets are
                                                                                                           transferred to one or more charitable organizations.
                                                                                                             As you can see, careful estate planning can help you
                                                                                                           answer many of the questions that may be worrying you.
                                                                                                           Be aware, though, that certain aspects of estate planning,
                                                                                                           especially those related to living trusts and charitable
                                                                                                           trusts, can be complex, so you should consult your estate-
                                                                                                           planning  attorney  or  qualified  tax  advisor  about  your
                                                                                                           situation. But once you’ve got your plans in place, you
                                                                                                           should be able to face the future with greater clarity and
                                                                                                           confidence.
                                                                                                             This article was written by Edward Jones for use by
                                                                                                           your local Edward Jones Financial Advisor. Edward
                                                                                                           Jones, its employees and financial advisors are not estate
                                                                                                           planners and cannot provide tax or legal advice.



        Pet Matters


        For The Love Of Animals                          our new home under                               Hi! I’m Allie!
                                                                                                            Allie is a gentle soul at just 1.5 years old. She

                                                         construction! Please
        by Pat Deshong, President of Furry Friends Adoption,   help us so we can                          came to us pregnant with five babies. She raised
        Clinic & Ranch                                   continue our mission                             her little family and was incredibly devoted. Now
           “For the Love of Animals”                     to help them.                                    all her babies are gone and she longs for a family
        features real stories happening                     We never say no                               of her own again. Every kitten who comes in, Allie
        at Furry Friends in Jupiter. We                  to them; we hope you                             greets as if it was hers. It is adorable to see. She is
        are The Humane Society of                        won’t say no to us.                              affectionate with all who meet her. She did have
        Greater Jupiter/Tequesta and                     We’re counting on your                           a traumatic experience with a dog so would prefer
        the only no-kill shelter open                    support.          Puffy, rolling on to her new life with   no dogs in her new family.  Photo courtesy of
        to the public in northern Palm                      Patricia Deshong,   Christine!                                                   Samantha Farmer
        Beach County. We’ve been                                  President
        rescuing, rehabilitating, and re-
        homing the homeless animals in                                                                       This is what Furry Friends is all about…rescuing,
        our community for more than                                                                       rehabilitating, and giving homeless companion
        30 years. Our not for profit                                                                      animals their best future… no matter how long it
        501c3 organization consists                                                                       takes to find it. We have many wonderful dogs
        of our Jupiter based Adoption                                                                     and cats at our Jupiter Adoption Center and Palm
        Center, Veterinary Clinic (open to the public), Thrift Boutique, and                              City Ranch. We invite you to come visit us! Our
        Palm City Ranch.                                                                                  website is www.furryfriendsadoption.org.
                                                                                                             Furry Friends depends on the generous support from donors
           Hungry, alone and scared…that was Puffy, walking the streets                                   like you. Without Furry Friends, the future of the many animals
        as a stray with an uncertain future. At 10 years old, she was visually                            we save would be uncertain. Thank you for donating and helping
        impaired and had given up.                                                                        us continue our animal saving mission.
           We took her in…we didn’t say no…we never do.                                                   Ways to donate (tax ID #59-2111273):
           After receiving the love and care that she desperately needed from                             1.  Mail a check made payable to Furry Friends to 401 Maplewood
        our veterinarians and staff, Puffy was ready for adoption and a new                                  Drive, Ste. 8, Jupiter, FL 33458.
        life. Her special day came at a recent adoption event when Christine                              2.  Visit www.furryfriendsadoption.org
        saw Puffy and knew she was the one to complete her family. Puffy                                  3.  Call us with your credit card information at 561.747.5311 ext. 1
        knew too. In fact, Puffy walked over to the bed on Christine's scooter,      Furry Friends’ new Adoption Center & Veterinary Clinic, located      “Your donation creates the possibilities to make miracles
        made herself comfortable, and the two rolled out the door to begin   at 100 Capital Street in the Jupiter Commerce Park, will be completed   happen for our Furry Friends”
        their happy trails together. Furry Friends changed two lives that day!  in September 2019. We have work to do and money to raise, but
           That’s what Furry Friends does and that’s why we need you.  with your help, we can realize the dream that’s been the hope of
           Furry Friends is the only no-kill animal shelter in northern Palm   our organization for decades.
        Beach County. In 2018 alone, we rescued 1,300 abandoned animals      If you would like to be a part of our new beginning, please contact
        who were brought to our shelter - cats, kittens, dogs and puppies.   us. Like each nail, block, and tile, every donation, no matter how small,
        These are animals that, without us, would have been sent to a kill   will help make our dream come true… All for the Love of Animals.
        facility or would simply have had nowhere to go.     Please visit www.furryfriendsadoption.org or call 561.747.5311
           Right now, our shelter is overcrowded and inadequate for the   ext. 1 for more information. Ask for Pat Deshong, President, or
        growing number of animals coming in our doors.   Curry Krasulak, Director of Development.
           We need a new, state-of-the-art shelter and veterinary clinic/
        hospital. Our low-cost veterinary clinic treated an astounding 22,650   Hi! I'm Ziggy!
        animals last year. Think of what we could do with a new, more      Ziggy is a 3-year-old boy who has a lot of
        efficient, and clean facility.                   personality!!! He's an awesome guy... big and
           Our new home is already underway! We’ve found a central   strong and looking for an owner who will give him
        location that everyone in Jupiter and North County can be proud of   leadership and consistency. He's very receptive
        and the foundation is already set. We’ve raised just over one million   to training and will sit on command. Our staff &
        dollars, but it’s going to cost much more.       trainer are teaching Zig and they LOVE him! The
           Every dollar counts and no gift is too small. Time is of the essence   kennel environment is chaotic... we know Ziggy
        as our current lease ends in September.          will thrive in a stable home filled with love.
           I invite you to take a tour of our existing facility to see why our      If you love the big boys... come to our Jupiter location and meet
        animals and community deserve better. I’ll also take you to see   Ziggy.
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