ElderLaw News

ElderLaw News is a weekly e-newsletter that brings you reports of legal developments and other trends of vital interest to seniors and their advocates. This newsletter is brought to you by The Estate Planning & Elder Law Firm, P.C., William S. Fralin, Esq., President.

Teach Your Children and Grandchildren About Giving

By Marie Torrans

With summer's arrival, opportunities abound to spend time with family and friends. One of the greatest pleasures and learning experiences is enjoying time with children and grandchildren.

Sharing family experiences and transmitting those valued traditions and history constitute a wonderful way to carry on a legacy of family ties. Nurturing takes on a new meaning as we embrace the "food for thought" realm by engaging the active interest, intellect, and ingenuity of youth in a long-term commitment to our cherished ideals.

While enjoying the pool or the beach, or just visiting a museum or zoo, experiencing and teaching the art of philanthropy are a legacy commitment, and they plant the seeds to fulfill a vision for the future. The passing on of our values and customs to future generations is critical for the survival of our most important institutions and community services. A visit to a local soup kitchen, child care center, or employment center that provides services to persons with disabilities can create a lasting impression and open a new vista for the future, as well as a unique learning experience.

We can easily transform the moment through an active modeling and sharing component, one designed to promote giving, understanding, and an appreciation of the philanthropic interests of parents and grandparents. Understanding the meaning of philanthropy (from the Greek words meaning "a love of humanity") and its true implications for the greater good, coupled with an emphasis on what a difference one person can make, is a significant accomplishment and a custom to be carried into future generations. Consider you own initial introduction to charitable giving, whether through your church, synagogue or other community endeavor. What motivated you? How did you feel? How did you educate your family and friends? What commitments did you make? Have your re-energized your passion for giving?

Begin today and build for a future of understanding philanthropy for the elders of tomorrow by taking a few minutes to share your insights and thoughts with loved ones during the upcoming summer holidays and vacations. Your commitment today means a life-long journey of sharing and caring for others.

Marie Torrans, PFP, is the Managing Director and Charitable Gift Planning Officer for the United Way Foundation.

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The Estate Planning & Elder Law Firm, P.C. is an elder law firm. We represent older persons, disabled persons, their families, and their advocates. The practice of elder law includes estate planning, estate and trust administration, powers of attorney, advance medical directives, titling of assets and designations of beneficiaries, guardianships, conservatorships, and public entitlements such as Medicaid, Medicare, Social Security, and SSI, disability planning, income tax planning and preparation, care management, and fiduciary services. For more information about The Estate Planning & Elder Law Firm, P.C., please visit our website at http://www.chroniccareadvocacy.com.

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