Dean Smith–University of North Carolina Basketball Coach for 34 Years—-Leaves $200 To Every Player He Coached
The Trustee of the Dean E. Smith Revocable Trust sent out a letter to each per Dean Smith’s instructions left in his will. In the letter, the trustee spelled out Coach Dean Smith’s wishes per the will and the trust:
Each player was important and special to Coach Smith and when he prepared his estate plan, Coach wanted to reach out to each of his letterman. Accordingly, Coach directed that following his passing each letterman be sent a two hundred dollar check with the message ‘enjoy a dinner out compliments of Coach Dean Smith’. Enclosed is a check in the amount of two hundred dollars with the notation ‘Dinner out’. Please enjoy your dinner out.
Powers & Neal has helped many clients create their custom estate plans, including both trusts and wills, based on clients’ individual and familial needs. Wills and trusts don’t have to be always somber, so we assist clients in creating a “clean” state of mind when looking ahead for their heirs’ best interests. By creating an estate plan and drafting your legacy, you will ensure that the proper beneficiaries inherit your estate. In this case, Dean Smith created a beautiful touch of joy to his ex-players and a legacy that will last for a lifetime.
Call Powers & Neal so that you too can structure your estate to fulfill your desires as they related to friends, family, pets and charitable causes. An estate tailored to your needs creates peace of mind for individuals and families—it’s your legacy. Powers & Neal is in the business of working in the service of our clients, and we look forward to serving you and yours.