In This Issue—Fall 2023

• Dear Friends
• Kenyon’s Retirement Plan Gift to Support CCS’s Future
• Simple Steps to Take When Planning Your Estate
• 4 Steps to Ensure Your Wishes Are Fulfilled
• Step 1: Ensure Your Will Can Be Located
• Step 2: Collect and Safeguard Assets
• Step 3: Determine Cash Needs
• Step 4: Distribute Assets
• 3 Important Questions When Preparing Your Estate Plan

Step 4: Distribute Assets

An executor's most pleasant task is distributing estate assets in accordance with the terms of a will. You should first make sure that sufficient funds and property will be available to satisfy valid claims, pay taxes, and satisfy specific bequests. If the value of the bequests exceeds the value of the distributable estate, for example, certain bequests may be reduced - or even eliminated.

Being prepared and then following the preceding steps will guarantee that your estate will be settled quickly and according to your plan.