What Your Will Can Do
Why do you need a will? Because it allows you to:
- Direct the division of your property the way you choose—not the way the state decides.
- Make special financial arrangements for your family members who are minors, disabled or unfamiliar with money management.
- Name a guardian for your minor children.
- Select an executor (personal representative) who is well-qualified to settle your estate promptly and economically, with careful attention to your wishes.
- Provide vital support for your favorite charitable institutions. Learn more about making a gift to us through your will.
- Devise an estate plan, with the help of a qualified attorney and other advisors, to minimize the taxes on your estate.
- Just a few sentences in your will are all that is needed. Share the sample bequest language for the Hadassah with your estate planning attorney:
"I, [name], of [city, state ZIP], give, devise and bequeath to the Hadassah [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
You Need a Will
Everyone needs a will, no matter if he or she is young or old, sick or healthy, single or married.
If you leave this world without a will, your assets will be distributed according to state law and your wishes will not be fulfilled. Likewise, having an outdated will also means that your current intentions will not be carried out. So when change occurs in your life, remember to update your will.
The information and content contained herein are intended for educational purposes only and are not intended to provide legal, tax or other professional advice or to be relied upon. We encourage you to consult with an attorney, tax advisor or accountant.
Ready to start planning today? View and download your FREE copy of A Guide to Making Your Will: Direct Your Assets to the People and Causes You Care About Most.
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