Values-based estate planning with Thompson & Associates
The MultiCare Foundations is excited to tell you about our partnership with Thompson & Associates. Thompson & Associates helps people:
- Clarify their goals and objectives and develop an estate plan that reflects their values
- Ensure their financial independence
- Provide for each of their heirs in the most effective way
- Reduce taxes
- Redirect dollars going to the government to the causes they care about
We want to offer you the opportunity to have our Thompson & Associates consultant visit with you confidentially about your plan — with no obligation and at absolutely no cost to you.
If you want to learn more or schedule an introductory meeting, contact our gift planning team at 253-403-1264 or plannedgiving@multicare.org.
The Thompson & Associates process
An estate plan at no cost to you!
For over thirty years, the Thompson & Associates team has helped individuals and families plan to pass their estate assets to their family and to the organizations they support in a manner consistent with their values and objectives. Their unique process combines the knowledge of professionals with vast and varied experience to produce personalized plans.
A personalized estate plan
A representative of Thompson & Associates guides individuals and families through a detailed Estate Planning process. The goal is to create a thoughtful estate plan (or review an existing estate plan) that transfers assets to loved ones in a way that is tailored to fit their individual personalities and needs while redirecting social capital (typically collected as taxes) that may be used to support the nonprofit community.
Free and Confidential Service to Friends and Supporters
You never pay for this service. Thompson & Associates is held on retainer by the MultiCare Foundations to offer these services free to our friends and supporters.
We respect the confidential nature of your conversations. All your personal information shared with the Thompson & Associates team will be held in the strictest confidence. It won’t be shared with anyone without your direction.
Our Thompson consultant
Darren Penny, Ph.D., MBA, FCEP
As the Thompson & Associates advisor to MultiCare, Darren works with our staff, volunteers and supporters, helping each of them understand how to better shape their estate plans to meet their personal objectives and values.
He has more than 25 years of experience serving families, individuals, and nonprofit organizations as an expert in estate planning and tax-minimization strategies. He frequently speaks and advises on topics ranging from inheritance planning, charitable estate planning, and asset succession strategies. Learn more about Darren.
FAQs
Most likely, you have many questions. Hopefully, those questions can be answered here, but if not, please don’t hesitate to contact us for more information.
Absolutely nothing. Thompson & Associates is held on retainer by the MultiCare Foundations 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.
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. You will use your own 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 the MultiCare Foundations pay.
No! The MultiCare Foundations 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 remember the MultiCare program or foundation you care about. 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.
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.
No. Your meetings and conversations with Thompson & Associates and the results of the planning process are strictly confidential. Thompson & Associates will only share your information with someone at your request.
No. The planning process begins with you stating your planning 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.
Yes. Thompson & Associates will lead 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.
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, there are 3-5 monthly 45 minutes to 1-hour meetings that take place virtually via Zoom or in a convenient location. But, because each family is unique, the precise schedule may vary depending upon the level of complexity and individual circumstance. What's important is your timing. Darren will take whatever time is needed to ensure your questions are answered and the expected outcomes are in accordance with your wishes.
What you receive from the planning process depends largely on what you need. You may just need a knowledgeable person to brainstorm some 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 exactly 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.
You may be saying, "This just 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 serving the community, we wanted to share a very valuable gift with you.
If you want to learn more or schedule an introductory meeting with Darren, contact our gift planning team at 253-403-1264 or plannedgiving@multicare.org.