Planned Giving in the New Year

It’s a new year, and January is a good time to review our plans.

01-19-2018 · Cole Society · Cole Women United · Tocqueville Society · Tocqueville Women United · Ivan Allen Circle · Legacy Leaders


Many of us think we don’t have enough assets to warrant the time and potential expense of a will.
Once the value of all assets (home, IRA, insurance policies, vacation home, stocks, art, etc.), are taken into consideration, it might very well be larger than anticipated.

Everyone needs a plan for the future. A plan helps to ensure that your wishes are carried out and your loved ones are well cared for after you are gone. You can create a plan that outlines your goals and lets your family and friends know the values you hold dearly.

If you are like most people, chances are you need to do some planning, or at least update the plans you already have in place.

Why is a will important? A will can help reduce taxes for your heirs and your estate. 

Real estate, stocks, automobiles, retirement plans, and other possessions can add up. A will allows you to appoint an executor to administer your estate.

It’s important to have someone working on your behalf to ensure proper paperwork is administered and details seen to. A will can help you decide who will receive your property.

One of the most common reactions we hear from supporters is “We didn’t realize how much we really owned and how much we had to give away to family and friends!” A will allows you to leave a meaningful legacy of helping your community. You decide which organizations you would like to include.

 

Keep in mind:

  • Where no will exists, the state will determine distribution of your assets.
  • A will is not about the assets you own, but how you will use your resources to care for the people that mean the most to you.
  • If you’ve recently experienced a life-changing event such as a marriage, a death in the family or the birth of a child or grandchild, or if you have acquired property in another state, consider talking with an attorney to update your estate plan.
  • Be sure and include your charitable interests.
  • A will is not for us but for the ones we love.

 

Is it time to revise your will?
Please contact us for more information about wills or for help in including United Way of Greater Atlanta in your will.
Eve Powell
epowell@unitedwayatlanta.org | (404) 527-7215