Page 9 - Jupiter Spotlight - September '19
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Jupiter Spotlight, Page 9
      Financial Focus

      Estate Plans Can Help You                            Here are a few of these questions:                • Who will oversee my finances and my living situation
      Answer Questions About The                           • What will happen to my children? With luck, you (and   if I become incapacitated? You can build various forms of
                                                         your co-parent, if you have one) will be alive and well at least
                                                                                                           protection into your estate planning, such as a durable power
      Future                                             until your children reach the age of majority (either 18 or 21,   of attorney, which allows you to designate someone to manage
                                                         depending on where you live). Nonetheless, you don’t want   your financial affairs if you become physically or mentally
      By Sally Sima Stahl                                to take any chances, so, as part of your estate plans, you may   incapacitated. You could also create a medical power of attorney,
        The word “estate” conjures                       want to name a guardian to take care of your children if you   which allows someone to handle health care decisions on your
      images of great wealth, which                      are not around. You also might want to name a conservator –   behalf if you become unable to do so yourself.
      may be one of the reasons so                       sometimes called a “guardian of the estate” – to manage any     • Will I shortchange my family if I leave significant
      many people don’t develop                          assets your minor children might inherit.         assets to charities? Unless you have unlimited resources,
      estate plans – after all, they’re                    • Will there be a fight over my assets? Without a solid   you’ll have to make some choices about charitable gifts and
      not rich, so why make the                          estate plan in place, your assets could be subject to the time-  money for your family. But as part of your estate plans, you
      effort? In reality, though, if                     consuming, expensive – and very public – probate process.   do have some appealing options. For example, you could
      you have a family, you can                         During probate, your relatives and creditors can gain access   establish a charitable lead trust, which provides financial
      probably benefit from estate                       to your records, and possibly even challenge your will. But   support to your chosen charities for a period of time, with the
      planning, whatever your asset                      with proper planning, you can maintain your privacy. As one   remaining assets eventually going to your family members. A
      level. And you may well find                       possible element of an estate plan, a living trust allows your   charitable remainder trust, by contrast, can provide a stream
      that a comprehensive estate plan can help you answer some   property to avoid probate and pass quickly to the beneficiaries   of income for your family members for the term of the trust,
      questions you may find unsettling – or even worrisome.  you’ve named.                                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 cannot provide tax or legal
                                                                                                           advice. You should consult your attorney or qualified tax advisor
                                                                                                           regarding your situation.
                                                                                                             Call me for a free portfolio review at (561) 748-7600,
                                                                                                           Sally Sima Stahl, AAMS, 1851 W. Indiantown Road, Ste.
                                                                                                           106, Jupiter, FL 33458.

                                                                                                            Chief’s Corner

                                                                                                            Dear Resident,
                                                                                                              Too often people are
                                                                                                            becoming victims of
                                                                                                            vehicle thefts. One of
                                                                                                            the top priorities of the
                                                                                                            Jupiter Police Department
                                                                                                            is to decrease the number
                                                                                                            of vehicle burglaries and
                                                                                                            thefts by educating and
                                                                                                            reminding residents to
                                                                                                            never leave valuable
                                                                                                            items within their vehicles
                                                                                                            and always lock their vehicle doors.
                                                                                                              Remembering to lock the doors when you leave your
                                                                                                            vehicle is the number one security measure to prevent
                                                                                                            a theft of your vehicle or belongings. Leaving your
                                                                                                            vehicle unlocked is
                                                                                                            an easy opportunity
                                                                                                            to become a victim.
                                                                                                              Do not leave
                                                                                                            any valuable items,
                                                                                                            including firearms,
                                                                                                            in your vehicle;
                                                                                                            especially within
                                                                                                            plain view of
                                                                                                            someone walking by.
                                                                                                            This includes not only while parked at a shopping center,
                                                                                                            a beach, or the gym, but as well as when you are parked
        Friday, October 18th                                                                                in front of your own home. Take your valuables with you,
                                                                                                            or leave them inside your home, and never, ever, leave
                   5-8 PM                                             KIDS AREA & BOUNCE HOUSES             your key fob in your car.
                                                                                                              Also, remain alert and aware of your surroundings. If
                                                                                                            you see someone suspicious, such as a person walking
                                                                      SWAT & K9 DEMONSTATIONS               around a parking lot looking into vehicles or someone
                                                                                                            pulling on random vehicle door handles, please contact
                                                                                                            us to report this activity.
                                                                      FUN FOR THE ENTIRE FAMILY               In addition, know your community. If you see unusual
                                                                                                            activity within your neighborhood, or if something seems
                                                                                                            out of the ordinary, do not hesitate to contact us to report
                                                                      COMMUNITY INITIATIVE                  it. It is important for you to be the eyes and ears of your
                                                                                                              Contact us any time at (561) 746-6201, or in the event
                                                                                                            of an emergency call 911.
                                                                                                              Please continue to visit us on our website at www.
                                                                                                  , and on Facebook @JupiterPolice to
                                                                                                            learn about new and happening events within the Town
                                                                                                            of Jupiter.
                                                                                                                                             Daniel J. Kerr,
                                                                                                                                             Chief of Police
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