Values-Based Estate Planning at Loma Linda University Health
At Loma Linda University Health, we are committed to helping you create an estate plan that reflects your personal values and charitable priorities. Through our complimentary and confidential planning services, you can ensure that your legacy secures the future of your loved ones and supports the causes most important to you.
Why Choose Values-Based Estate Planning?
Our approach goes beyond traditional estate planning by focusing on aligning your core values with your financial strategies. This process allows you to create a plan that not only meets your financial and family goals but also furthers the mission of Loma Linda University Health.
How It Works:
-
Initial Consultation
Meet with our experienced advisor to discuss your values, goals, and charitable objectives. This meeting is personalized and designed to fit your needs and you will learn ways to have a more impactful plan that reflects your goals. -
Personal Statement of Values and Objectives
Based on the information gathered, we will craft a statement of family values that clearly outlines your family's financial and philanthropic values. -
Estate Asset Review
We will help you assess your current assets, look for ways to eliminate or reduce taxes, and structure a plan that ensures your legacy is preserved according to your wishes. -
Plan Development
Our advisor will work with you to explore various estate planning options, ensuring that your charitable and financial goals are met efficiently. -
Implementation
To implement your plan, you will meet with your attorney, who will draft your documents. If you don't have an attorney our team will help you find the right one for you and we can collaborate with them to ensure all details are handled seamlessly.
Meet Our Estate Planning Expert:
Loma Linda University Health partners with Thompson & Associates, a leader in charitable estate planning. Our advisor will guide you through every step of the process, ensuring that your estate plan is aligned with both your personal values and our mission of improving health and wellness.
Contact Us:
For more information or to schedule a confidential consultation, please contact our Planned Giving office at 909-558-4553 or [email protected].
Meet Ken Turpen, Executive Vice President, FCEP
Ken Turpen, FCEP, brings more than 30 years of experience as a senior foundation executive, having served in leadership roles across five nonprofit organizations. He has been with Thompson & Associates for 11 years and serves as an Executive Vice President. He has a deep understanding of the different strategies used to match your estate planning goals to your assets. Ken's expertise includes working with individuals and families to identify ways to have a more impactful estate plan that reflects their goals, reducing taxes, and creatively finding ways to support heirs, and to give thoughtfully to the charities that you care about.
Testimony:
"We appreciate the opportunity to review and further develop our estate plan with Thompson & Associates' guidance. The values-driven approach was helpful as we considered gifts to charity and how to avoid taxes. Making gifts to family members was also an important part of our planning and was carefully discussed and thought through. We highly recommend going through the Thompson & Associates planning experience with Loma Linda University Health." -Bob & Danetta SAHP'66 Frost
"We were blown away by our experience with Ken Turpen from Thompson & Associates. It was incredibly positive, helping us focus on our financial goals, while providing clarity and guidance as we considered what's possible for our legacy. Additionally, the support we received from Loma Linda University Health's Office of Planned Giving was exceptional. We highly recommend this process to everyone!" – Dr. and Mrs. Powell SD'87
FAQ'S
How much does this cost?
There is absolutely no cost to you as Loma Linda University Health offers this service as a gift to our supporters, AND with no obligation. It's a gift to you! Thompson & Associates is held on retainer to provide you with independent and unbiased advice. If your planning leads to the drafting and execution of estate planning instruments by your professional advisors (like your attorney), you will be responsible for those fees.
What is Thompson & Associates trying to sell me?
Nothing! You will never pay Thompson & Associates anything — directly or indirectly. Their services are a gift to you. Thompson & Associates does not benefit from their recommendations. They provide expert advice but do not manage assets, sell any products, or do any legal work. You will use your desired professional advisors, including your attorney, insurance agent, and financial planner, to implement your plan. Thompson & Associates does not receive a commission or fee of any kind besides the retainer fee paid by Loma Linda University Health.
Do I have to make a gift to Loma Linda University Health?
No! Loma Linda University Health offers the planning services of Thompson & Associates without any obligation on your part. We hope that if you choose to leave a portion of your estate to charitable organizations, you will also remember Loma Linda University Health. Still, you aren't required to make a gift to benefit from the services. In fact, Thompson & Associates will never ask you for a gift.
Can I give to other organizations besides Loma Linda University Health?
Absolutely. We know that you probably support several organizations. We hope the planning process with Thompson & Associates will help you formulate a plan to give to all the organizations you love.
Will Loma Linda University Health or other nonprofits know the things I share with Thompson & Associates?
No. Your meetings and conversations with Thompson & Associates and the planning process results are strictly confidential. Thompson & Associates will only share your information with your permission.
Will this planning process take away assets from my heirs?
No. The planning process begins with you stating your planning goals and objectives. Thompson & Associates then leads you through a process of showing you ways to accomplish those objectives. You will decide how much to leave your heirs.
Can my attorney be involved in the planning process?
Yes. Thompson & Associates will guide you through a planning process, but your professional advisors are essential in ensuring your plan is best for you. While the attorneys typically do not sit through the meetings with you, they will be advised and asked to contribute to the plan (if you consent, of course). Most plans conclude with estate planning documents which your attorney will draft.
How long does the planning process take?
The planning process of Thompson & Associates allows you to take the time needed to thoughtfully develop and consider your legacy and estate plan wishes and options. Typically, each meeting lasts approximately 45 minutes to an hour and families meet with our adviser 4 to 6 times. Your meetings can be held in Loma Linda or virtually via Zoom. But, because each family is unique, the precise schedule may vary depending on the level of complexity and individual circumstance. What's important is meeting your needs. Ken will take whatever time necessary to answer your questions thoroughly, and the outcomes match your wishes.
What are the final results of the planning process?
What you receive from the planning process depends mainly on what you need. You may need a knowledgeable person to brainstorm ideas, get confirmation that you are heading in the right direction, or need a complete plan. Whatever your situation, you will walk away from the planning process knowing precisely what you have, what you want to do with your assets after you are gone, and have an executed estate plan (by your own advisors) to accomplish your objectives.
Why would Loma Linda University Health offer these services for free?
You may be saying, "This sounds too good to be true. Why would anyone offer estate planning services at no charge?" We all live in this community. We all contribute to the greater good of the community in our own ways. Just as our supporters enjoy helping us achieve our goals of improving the health of our communities, we want to share a very valuable gift with you to support your financial health.
How do I get started?
If you want to learn more or schedule an introductory meeting with Ken, contact Jennifer Dye at 909-558-5375 or [email protected].
Share Your Gratitude