A Fond Farewell
Dean Smith, beloved coach of the University of North Carolina basketball team for 36 seasons passed away in February 2015 at the age of 83. As part of his estate plan he included a surprise – he provided for a $200 check to be delivered to each of his players during that time with a note stating “enjoy a dinner out compliments of Coach Dean Smith”. One of players indicated that the gesture brought a tear to his eyes. Nearly 200 varsity letterman received the gift.
The legacy of Coach Smith will live on in his many achievements on the basketball court but this latest news is also reflective of the thoughtfulness of the man. Whether you already have an estate plan or not, if you are thinking about including gifts, no matter what the size, the gifts let people know that you cared for them.
Drizin Law is providing this information for educational purposes only. It should not be construed as legal advice or a legal opinion as to any specific facts or circumstances. This information is based on general principles of Nevada law at the time it was created and you should be aware laws frequently change. Moreover, the laws affecting you may differ depending on the circumstances. You should consult with a qualified attorney in your own state or jurisdiction concerning your particular situation. Review of this information does not create an attorney-client relationship.
