We spend a lot of time building our lives – our careers, our homes, our relationships.
But what about the future? Without a clear roadmap, you must hope that your dearest family, friends, and charitable interests are considered.
Creating a solid plan for the future is essential for peace of mind – not just for you but also for your loved ones. One crucial step often overlooked is creating a will. According to 2024 research, only 32% of Americans have created a will, leaving healthcare directives, financial and digital assets, and much more to chance.
August is National Make a Will Month, a time dedicated to highlighting the importance of having a will in place. Despite its significance, many people postpone creating a will, often due to misconceptions about the process. However, the benefits of having a will far outweigh any hesitations.
Here are some key reasons why having a will is essential:
- Ensures Your Wishes Are Honored
- Simplifies the Legal Process for Your Loved Ones
- Provides for Minor Children (and Pets!)
- Helps Avoid Family Disputes
- Allows You to Leave a Legacy
- Gives You Peace of Mind
Getting Started on Your Will:
Creating a will doesn’t have to be a daunting task. There are many resources available to help you, from online tools to professional legal services. Here are some steps to get you started:
- Take inventory of your assets: make a list of your significant assets, including property, investments, and personal belongings.
- Choose your beneficiaries: decide who you want to inherit your assets and in what proportions. This may include family, friends, and charitable organizations.
- Select an executor: appoint a trusted person to carry out the terms of your will.
- Name a guardian for your children – or pets! If you have children or animals who will need to be cared for, choose a guardian who will protect them in your absence.
- Consult an attorney: while it is possible to create a will on your own, consulting an attorney can ensure that your will is legally sound and fully reflects your wishes.
National Make a Will Month is the perfect time to reflect on the importance of having a will and take the necessary steps to create or update yours. It is an act of love and responsibility that ensures your wishes are honored and provides your loved ones with clarity and security. Don’t wait—take action this August and give yourself the peace of mind that comes with knowing your future is planned.
At Elim Park, we are grateful for the many individuals who have chosen to name our organization as a beneficiary in their will. These gifts have a meaningful impact on our facilities, programs, and, most importantly, future Elim Park residents. If you are considering naming Elim Park in your estate plans, we hope you will consider sharing your intent with us by contacting Jennifer McHale, Director of Development, at [email protected] or (203) 272-3547, ext. 172.
