One of the major components of a healthy financial plan is an estate plan. I don’t know about you, but I really don’t want my assets to end up in probate court with the state deciding who gets God’s assets that He has entrusted into my care. I also don’t want the state and federal governments to get a large percentage of God’s assets through estate taxes, especially when His money could have gone to better use through a faith-based institution such as my church. God wants all of us to be wise money managers while we are here on earth and even after we’ve gone on to be with Him in eternity!
So, let me ask you the following questions:
- Do you currently have an up-to-date will, living trust, and other life documents firmly in place for your family in the case of your untimely demise?
- Do these documents reflect excellent money management on your part, with the avoidance of probate court, unnecessary estate taxes, and so on?
- Have you set up your legal documents to pay a good percentage of your assets to your church and other charities in order to further God's Kingdom once you have gone on to be with the Lord?
Make one of your financial goals in 2010 to review your estate plan and include giving a percentage portion to your church and others in order to further God's Kingdom here on earth. Be an awesome steward of God's financial blessing in your life.