First Light! Welcome To We Meet Every Wednesday.

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Presentation transcript:

First Light! Welcome To We Meet Every Wednesday. Join Us Afterward, Upstairs in the Café.

Speaker Schedule: Sept. 27 – Daniel Leonhardt Oct. 4 – Mike McAfee Oct. 11 – Dave Brown Oct. 18 – Shak Hill

American Family Estate Planners Today’s Speaker: Daniel Leonhardt American Family Estate Planners

WACMM Mid-Atlantic Region Men’s Conference At McLean Bible Church Save the date! www.wacmm.org Save the date! On Saturday, Oct. 21. We are excited to have Tony Evans back at MBC for the 2017 Men's Conference. For more information and to register, visit mcleanbible.org/mensconference or Or go to; WACMM.com for more information.

Today’s Keynote Speaker And now!

Daniel Leonhardt

Estate Planning 101 What is the best way to prepare for my eventual departure from this world? Is a simple “Last Will and Testament” enough, or should I consider a “Revocable Living Trust”, and what’s the difference?

Revocable Living Trust Powers of Attorney for financial & legal Powers of Attorney for Health Decisions Advanced Medical Directive (Living Will) Benefits of a Living Trust NO PROBATE MORE PRIVACY MORE CONTROL OF YOUR MONEY NO GOVERNMENT INTRUSION NO DELAYS OF DISTRIBUTION GUARDIANSHIP / CONSERVITORSHIP “SPECIAL NEEDS PROVISIONS” TAX ADVANTAGES

WSJ says: “In this day and age, estate planning is a must WSJ says: “In this day and age, estate planning is a must. If you own any property, paid for or not, you need a Revocable Living Trust. Suze Orman says: “Regardless of how much you do or do not have, in most cases a Will is not enough. You will also need a Revocable Living Trust with an incapacity clause.”

DISCUSSION QUESTIONS – As the God-appointed head of my household, what is my responsibility to provide for my family, even in death? (ex: Life insurance, Estate Planning) - 1 Timothy 5:8 Proverbs 13:22 says “a good man leaves an inheritance to his children’s children.” What do you think is the benefit of leaving an inheritance to your children or your grandchildren? A good estate plan allows you to control the flow of distribution. Should you add any stipulations to those gifts and if so, why?

DISCUSSION QUESTIONS – With this subject of Estate Planning, where does the concept of “Stewardship” come in to play? Would this sort of preparation fall under the category of good stewardship of the resources God has given you? Should you consider giving a portion of your estate to your church or favorite ministry? What message would giving to “God’s kingdom” send, when you pass to your children and grandchildren? What are the consequences of not planning?