Slight Change of Plan
The summer lull (!) is such a great time to work through that to do list—even those dreaded "some day" tasks that have been on the list for years, like repainting peeling window sills and updating the estate plan. Not sure we will get to the window sills this year, but what a relief to check off the revision to the will! Talk about a low entertainment value!
This time around, we got smart with the charitable provisions in our documents. Instead of laying out a list of charitable bequests, we made a single bequest to the Laura McKnight and Clay Barker Fund at the Community Foundation. Unlike our wills and trusts, the fund document is very easy to change. I could change it every week if I wanted.
Now, when I want to adjust our community priorities and the instructions to the children for how to distribute the money to worthy causes, I only need to change one little piece of paper. No more digging the will out of the safe deposit box!
So, what do you think? Is it time for a slight change of plan for you, too?