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Welcome to “What's Next? Navigating Life's Transitions in Southeast Alaska” a podcast to help you plan for current and future life transitions. An attorney in Southeast Alaska, Liz Smith focuses her law practice on estate planning, but this podcast brings much more than topics about who gets what and when! Liz hosts pleasant and practical conversations with industry leaders and practitioners in her community. We’ll investigate building and leaving your legacy, supporting aging loved ones and parents and the resources to assist you, and we'll dig into topics around birth (and special considerations for new parents), aging, and death, that will affect each of us.
Episodes
Monday Jul 12, 2021
Monday Jul 12, 2021
“You don’t have to be a millionaire to leave something to help your community,” says Amy Skillbred, executive director of The Juneau Community Foundation. Amy has served many years on the board of directors for the foundation that has now raised $77 million dollars in funds. Throughout her time, she has helped the people in Juneau establish a plan to give back to their community in ways that represent them best.
A lot of people don’t realize that with the proper planning they can make a difference in their community now and in the future. While we always think we have enough time to plan where and how our money will be distributed after we die, that is not always the case. Amy recommends getting your ideas written down and putting them into a will as soon as you can. The easiest way to delegate your funds is through a percentage to avoid future conflict.
Tune in to this episode of What’s Next for a conversation surrounding legacy. Learn how you can start planning to contribute to your community now and in the future!
Quotes:
“The average bequest in the United States is about $35,000 and that's average across all 50 states. So you don’t have to be a millionaire to leave something to help your community or leave a legacy.” (07:29- 07:44)
“When you get to $100,000 you are giving out $5,000 a year and that can make a sustained difference.” (16:12-16:19)
Links:
To donate or establish a foundation with The Juneau Community Foundation please go to: https://www.juneaucf.org/
You can contact Amy by email or telephone at:
amy@juneaucf.org 907-321-8884
For all of Liz Smith’s resources please visit her on Facebook: https://www.facebook.com/lizsmithlaw
Podcast production and show notes provided by FIRESIDE Marketing
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