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How well do you know estate planning? Take our fun quiz to find out...

  1. An estate planning vehicle which can help my heirs avoid probate and also reduce or eliminate estate taxes is...
    A. living will
    B. living trust
    C. pour-over will
    D. will
     
  2. The current per-person estate tax exemption in the United States is...
    A. $650,000
    B. $675,000
    C. $750,000
    D. $1,500,000
     
  3. The legal document which gives someone the power to act on my behalf in financial matters if I become incapacitated is...
    A. Healthcare Power of Attorney
    B. Power of Attorney
    C. Durable Power of Attorney
    D. Contingent Power of Attorney
     
  4. A key advantage of a living trust with Lutheran Foundation of the Southwest over a will is that a trust...
    A. Prevents court control of assets at your physical or mental incapacity
    B. Minimizes emotional stress on your family
    C. Avoids the time and expense of probate when you die
    D. Lets you keep assets in trust until beneficiaries reach age(s) when you want them to receive their inheritances
    E. All of the above
     

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 Lutheran Foundation of the Southwest
Giles Lane and U.S. 290 East
P.O. Box 140007
Austin, TX
78714-0007

800-424-0447
512-272-8531
fax 512-272-8538

info@lfsw.org