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Estate Planning is Stewardship

Estate Planning for Families & Individuals

Last Will & Testament

A Last Will and Testament is a legal document that is used by an individual to direct the transfer of his or her property at death and appoint who will be in charge of settling the estate. It is still the cornerstone of sound estate planning.

For a Christian, drafting a Will is not only a fundamental estate planning tool, but it is also a matter of personal stewardship. Deciding who will own and use your assets after your death should be done by you after much prayer and consideration. It should not be left to a local judge who will distribute your estate according to the general law of the state.  

Click here for language to include the Louisiana Baptist Foundation in your Last Will & Testament.

Assessment of Tax Implications

Foundation staff can help you assess your estate to determine if you have assets or circumstances that may create unnecessary taxable situations.

Power of Attorney/Advanced Directives

A power of attorney is a document authorizing someone else to act as your agent. It can be used as a planning tool for incapacity; allowing your agent to act for you in the event you become mentally or physically disabled. A power of attorney may be general or limited in the scope of duties assigned to the representative.

An advanced directive to physicians (sometimes called a living will) and a power of attorney for health care are used to direct how health care decisions will be made for you and who will make them if you become incapable of making them yourself.

In some circumstances (absence of family members) the Executive Director of the Louisiana Baptist Foundation my serve as the appointed representative for those whose giving plans include Baptist ministries.