Do I Really Need an Estate Plan?


None
of us enjoys thinking about what would happen after we pass on, but the cold
reality is that it’s better to handle these details now rather than leave them
to our loved ones to deal with after we’re gone. Having an estate plan in place not only makes
a smoother transition possible for our family, but it also ensures our wishes
are known and carried out as we intend. 
Moreover, it’s important to revise our estate plan and keep it
up-to-date whenever we experience life changes such as getting married, buying
a home, or having children.   
Here
are a few questions you need to consider:
  • Who
    will be the executor of your will?
  • Who
    will eventually receive and benefit from your money and property?
  • Who
    will take care of your minor children if you cannot?
  • Who
    will take care of your pets if you cannot?
  • How
    you will be cared for should you no longer be able to care for yourself?
  • What
    life-prolonging medical care do you want to receive if you are unable to make
    your wishes known?
  • How
    will you carry on your legacy of support for the organizations close to your
    heart?
Fortunately,
the Red Cross can help you navigate the ins and outs of estate planning. If you
would like information about our service, please contact our Gift Planning Officer, Carol Eames. She will send you a
free copy of Touching the Future,
which is a guide and workbook to help you get started. You can reach Carol at
carol.eames@redcross.org or at 503-528-5441. Carol also wrote an article for
the Portland Business Journal that tells what it was like for her to walk
through the estate planning process herself: 
Estate and Charitable Planning. In the article, she suggests ways to make the experience
easier. The Red Cross has another link
on our website with more information to assist you as well:
Estate Planning
In
addition, the Red Cross is offering free seminars that provide an introduction
to estate planning.  Our presenter is Richard
Schneider, an estate planning attorney at Schneider Rasche and the author of A Will Is Not Enough in Oregon. Please join
us for either of two sessions at our Cascades Regional Headquarters, located at 3131 N. Vancouver Avenue,
Portland, OR 97227. We hope to see you there! 
Tuesday,
April 17, 6:30 to 8 p.m.          
OR          Thursday, April 19, noon to 1 p.m.