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
community.
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.
jupiter.fl.us/jpd, and on Facebook @JupiterPolice to
learn about new and happening events within the Town
of Jupiter.
Sincerely,
Daniel J. Kerr,
Chief of Police