If you are among the majority of Americans who haven’t yet started the estate planning process, now is the time. Your family members and heirs will be glad you did.
The act of giving through your estate plan involves reflection and forethought. It also warrants a conversation.
Naming a loved one or a favorite nonprofit as a beneficiary of a life insurance policy or retirement plan assets is a heartfelt way to make a lasting impact.
If you own stock that’s increased in value (and you’ve owned it for at least one year), you have a unique opportunity. When you donate the shares, you receive the same tax savings that you would if you wrote Vail Health Foundation a check, but with the added benefit of eliminating capital gains taxes.