Baylor Health Care System Foundation

Planning Your Estate

Estate Planning is Important for Everyone

Every adult, regardless of  age or net worth, needs an estate plan. A basic estate plans ensures that your wishes are honored, and that your assets go to the individuals and charities that mean the most to you. Creating an estate plan now can provide benefits both now, and after your life. If you pass away without one, you risk allowing state laws to determine how your assets are distributed.

What is an Estate Plan?

An estate plan consists of one or more documents such as a will, trust and beneficiary designation form. These documents determine how your assets will be dispersed (including money in the bank, stocks, life insurance policies, personal property and real estate). The plan also designates who will pay your final expenses and distribute your assets according to your wishes.

Where to Begin:

Here are five questions to consider when you plan or update your estate:

  • What are my assets? 
  • Who do I want to receive those assets?  
  • What do I want to accomplish with my estate plan?
  • Who can help me plan my estate?
  • Who will manage my estate?

Next Steps:

Download this complimentary "Starting to Plan Your Estate" brochure.

Read more about how to create your estate plan.

Did you know you should review your will every few years? Here are tips to update your current estate plan.

Read an Estate Administrator's tips on keeping your estate plan in order.

Estate Planning for Unmarried couples:

Estate planning for unmarried couples involves some unique challenges, but it can definitely be done. More information here.  

Help Secure Baylor Scott & White's Future in Your Estate Plan

Your commitment to supporting Baylor can continue long after your lifetime. Find out how to name Baylor Scott & White Health in your will or trust. If you have already named the Foundation in your will, thank you. We would greatly appreciate it if you could let us know about your plans. We'd also like to welcome you as a member of the Boone Powell Sr. Society, the Foundation's donor legacy society.