Carrying the Torch: Honoring Jack Morris and Planning for Your Financial Legacy
- Morris & Pursley Financial Plans
- May 19
- 2 min read
When someone we trust passes away, we’re reminded just how much stability and reassurance they brought to our lives. Jack Morris, the founder of Morris & Pursley Financial Plans, was that kind of presence. For years, he helped retirees build financial confidence and feel good about their future.
His passing leaves a space in our hearts, but his legacy continues. The values Jack built this firm on—honesty, clarity, service, and care—are still the foundation of everything we do.
Thinking about your own financial legacy? Schedule a conversation today.
For many of our clients, Jack helped plan for a strong retirement. Today, we’re here to ensure those plans stay strong. And if you’re thinking about your own legacy—what happens to your income, your estate, and your family after you're gone—we’re here for that too.
What Is Legacy Financial Planning?
Legacy financial planning is about more than just who gets what. It’s about making sure your wishes are honored, your money goes where it’s needed, and your loved ones are supported without added stress.
We help clients:
Create income continuity plans for surviving spouses
Properly structure annuities and IRAs with up-to-date beneficiary designations
Minimize estate taxes using Roth IRAs and trust planning
Coordinate their estate plan with their retirement income strategy
Legacy planning also includes the emotional and practical realities of caregiving, wealth transfer, and long-term support. It’s not just for the ultra-wealthy—anyone who wants to reduce burdens and leave a lasting impact can benefit.
Why Your Income Plan and Estate Plan Must Work Together
Most estate plans cover wills, trusts, and powers of attorney. But what about your monthly income after you’re gone?
Let’s say your spouse relies on a pension or annuity. Does that benefit continue for them? If you have required minimum distributions (RMDs) from your IRA, what happens to those accounts?
Without proper coordination, your spouse or heirs could face:
Gaps in monthly income
Unplanned taxes
Delays in accessing money
We help clients align their income and estate plans so everything flows smoothly, tax-efficiently, and without court intervention. When you combine an income plan with a legacy plan, you create peace of mind for everyone involved.
Passing On More Than Money
The best legacies reflect more than dollars. They reflect your values. Maybe it’s supporting your church, helping a grandchild through college, or giving your family a head start.
Legacy planning might include:
Charitable giving strategies, including Qualified Charitable Distributions (QCDs)
Naming beneficiaries on your annuities and IRAs
Setting up a family mission statement or giving fund
Each of these choices helps you leave a legacy that reflects your priorities.
Honoring Jack's Legacy by Serving Yours
Jack built this firm around people, not products. He made every client feel heard and respected. That’s the kind of planning we continue today.
If you knew Jack, we hope you’ll share your memories with us. And if you’re ready to talk about your own legacy plan, we’d be honored to walk that path with you.
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