People who are financially successful throughout their lives are often times in a position to leave behind a lasting legacy, and this can take a number of different forms.
Indeed, arranging to give something back to charitable causes that have some special meaning to you can be one of the most rewarding aspects of estate planning.
With the above in mind let’s look at the Legacy the actor Larry Hagman left behind, who passed away the day after Thanksgiving in 2012.
He had actually enjoyed a new lease on life after having liver transplant surgery in 1995. In spite of the fact that he passed away after battling throat cancer, he did live to the age of 81 which may not have seemed very likely at one point in time.
When you are an artist of some kind you leave behind a very tangible legacy in the form of your work. For years to come people will be able to view the various television shows and movies that Hagman appeared in throughout his long and successful career.
The actor was also in a position to leave behind a charitable legacy, and he did just that through the creation of the Larry Hagman Foundation.
The mission of this foundation is to provide opportunities within the area of the creative arts for children in the greater Dallas, Texas, area who would not otherwise have the chance to pursue these types of learning experiences.
Hagman touched many of us during the course of his career. His family is asking people who appreciated the actor’s work to consider donating something to the Larry Hagman Foundation.
Larry Parman
Author, President and Founding Attorney
Parman & Easterday
- What Happens to Assets When Creating a Trust? - February 27, 2017
- Are Living Wills Different from Regular Wills? - February 28, 2017
- Why Wills are Such a Common Estate Planning Tool? - March 1, 2017
