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Making Your Will and Your Wishes a Priority
August is National Make-a-Will Month and the IEEE Foundation is proud to be participating by providing this important annual reminder. It’s always a good plan to have your estate affairs in order, but only about a third of Americans have a will. The top reason given by those who have yet to create one is a single word – procrastination. If you are among the two-thirds who’ve put off making a will, or want to update the plan you have in place, there are plenty of good reasons to get going.
A WILL ENSURES YOUR PERSONAL LEGACY. A will is, first and foremost, a powerful way to ensure your personal legacy. It makes your wishes clear, stating how you want your assets to be distributed to causes and organizations you want to support through planned giving.
WILLS ARE FLEXIBLE AND VERSATILE. It’s important to note that having a will doesn’t mean it is set in stone while you’re alive. Flexibility and versatility are two key features of a will, meaning that it’s customizable to reflect your circumstances and what you want, and you can make changes to it.
WILLS PROVIDE PEACE OF MIND. Having a will in place is a gift of peace of mind, for you and your loved ones, smoothing what can be a difficult process. It takes potential anxiety out of the mix, with your loved ones not forced to try to guess what to do, and what you would want them to do, with money, stocks, real estate, and possessions.
MAKING A PLAN SETS AN EXAMPLE. You can use your will to set an example of lasting generosity. By including charities such as the IEEE Foundation as beneficiaries, your gifts serve to carry on your commitment to what you believe in, and guide others on the importance of having, and fulfilling, philanthropic goals.
As you plan your estate affairs, consider the impact including charities such as IEEE Foundation as beneficiaries can have. If you’re interested in learning more about how your will can help fulfill your philanthropic goals, click here or contact Danny DeLiberato, Development Officer, at +1 732.562.5446 or e-mail at d.deliberato@ieee.org.
This article is intended to provide general gift planning information. Our organization is not qualified to provide specific legal, tax or investment advice, and this publication should not be looked to or relied upon as a source for such advice. Consult with your own legal and financial advisors before making any gift.
