Planning is For Peace of Mind

May the God of hope fill you with all joy and peace as you trust in him, so that you may overflow with hope by the power of the Holy Spirit. Romans 15:13

Your values, goals, and ambitions are all part of your life’s story – they are your legacy. You worked for it, now it should work for you. The Holston Foundation has simple and easy tools to help you.

You might be surprised to learn that almost two-thirds of all adults have no estate plan. It can feel overwhelming or complicated to create a plan. It does not have to be. You already know who is important, and what values are significant to you. It’s not a matter of what you want to do. It’s just about deciding to get it done the right way.

1. Name Names
Be Specific
Whether you want to benefit a person or an organization, ensure you have named them clearly and unambiguously. Make it easy for others to know and find them.

2. Careful with Taxes
Don’t Send Too Much to Washington
With professional advice, you can ensure your family and treasured causes receive what you intend, and the government gets less. We can help you preserve your wealth.

3. Preserve Choices
Your Plan is Flexible
If you don’t have a plan, the state has one for you, one that gives you and your family no options. If you want options, then a plan is a must. You can always update it.

A Will is Just the Beginning
Your plan can include surprising but significant benefits.

  • Beneficiary Designation — Learn how you can designate beneficiaries by completing a simple form, usually in less than five minutes, and change your mind when you want.
  • IRAs — You have alternatives for your IRA’s required minimum distributions. Use your IRA in tax-advantaged ways. Learn your options.
  • Charitable Gift Annuity — You can support our mission and receive fixed, dependable payments for life with tax savings.
  • Capital Gains — Discover how stock with so much potential capital gains taxes can be used in tax-advantaged ways.

Contact Rev. Mark Gooden, Vice-President of Development, for additional resources to plan your estate or have a confidential conversation at mgooden@holstonfoundation.org or 865-690-8124.