National “Make a Will” Month is dedicated to encouraging individuals to either create a will or update their existing one. A will is more than just a legal document; it’s a way to ensure that your wishes are honored, and your loved ones are cared for after you’re gone. Despite its importance, many people procrastinate when it comes to drafting a will. In fact, nearly two-thirds of American adults don’t have one.
Why Does Having a Will Matter?
A will allows you to:
1. Protect Your Loved Ones: Without a will, state laws will dictate how your assets are distributed, which might not align with your wishes. A will ensures that your loved ones receive what you intend for them.
2. Choose a Guardian for Minor Children: For parents, a will is essential in naming a guardian for your children should anything happen to you. This decision shouldn’t be left to the courts.
3. Support Causes You Care About: A will provides the opportunity to leave a lasting legacy by making bequests to charitable organizations that reflect your values.
4. Reduce Stress for Your Family: Grief is hard enough without the added burden of navigating legal uncertainties. A clear and well-constructed will can provide your loved ones with peace of mind during a difficult time.
How the Community Foundation of Greater Fort Wayne Can Help
At the Community Foundation of Greater Fort Wayne, we understand the importance of planning for the future. Whether you’re creating a will for the first time or updating an existing one, we can work with your Estate Planner to help ensure that your legacy reflects your values and supports the causes you care about most.
Our team offers charitable funds that make it easy to include charitable giving in your will, allowing you to create a lasting impact in our community. We offer resources and expertise to help you explore the many ways you can leave a meaningful gift to the organizations and initiatives that matter to you.
If you’re considering a bequest to the Community Foundation, we can work with you and your advisors to craft a plan that aligns with your philanthropic goals. From establishing a fund in your name to supporting our broader mission, your legacy can continue to benefit future generations in Greater Fort Wayne.
Taking the Next Step
If you don’t have a will, now is the perfect time to create one. If you already have a will, consider reviewing it this month to ensure it still reflects your current wishes and circumstances.
Creating a will is an act of love and responsibility. It’s a way to protect your family, your assets, and your legacy. This August, take the time to make or update your will and encourage others to do the same. And remember, the Community Foundation of Greater Fort Wayne is here to help. By planning today, you’re ensuring that your wishes will be honored and your loved ones and community will be taken care of, no matter what the future holds. Contact Jim Griest for more information.