It’s August, which means it’s #NationalMakeAWillMonth, a reminder for all of us to secure our loved ones’ futures. A lot of us push this essential task to the back burner – and we understand why. It’s uncomfortable to think about, but it’s crucial not to let this discomfort delay us from planning wisely.
Here are five compelling reasons why NOW is the best time to create a will:
CONTROL: A will is your voice after you’re gone. It enables you to decide how your assets should be distributed, ensuring they’re used in ways you believe are best.
PREVENT CONFLICT: Wills help avoid potential disputes among your loved ones. Disputes over estates without wills can drag on for years, causing rifts within families.
MINIMIZE COSTS: Proper estate planning with a well-drafted will can help your heirs save thousands on fees. A win for your loved ones!
GUARDIANSHIP: For those with minor children, a will is a must. It allows you to name the guardian who will care for your children should something happen to you.
PEACE OF MIND: Perhaps most importantly, creating a will brings peace of mind, knowing your loved ones are taken care of and your wishes honored.
Remember, our futures are uncertain, but our wills don’t have to be. Don’t wait until it’s too late. This August, let’s pledge to protect what’s dear to us. Start writing your will today: https://lifelegacy.io/get-started/
Let’s make National Make-A-Will Month not just about awareness, but action.
The word “increase” is a bit of a conundrum. Many nonprofits are being asked to do more (increase) with less (no increase). Your planned giving program is no different. Raising more planned gifts with increasing headcount is not just a recommendation but a requirement.
Planned giving has long been a vital—yet underutilized—source of revenue for nonprofits. Unlike annual donations, which fuel today’s operations, planned gifts create a pipeline of sustainable funding for tomorrow. According to Giving USA, planned gifts account for billions of dollars each year, with bequests alone contributing more than $40 billion in 2023. Yet many nonprofits, even those with strong donor bases, fail to maximize this powerful opportunity.
In today’s increasingly digital world, nonprofits have more tools than ever at their disposal to engage donors and increase impact. But when it comes to planned giving—one of the most meaningful and transformational forms of donor support—many nonprofits are finding themselves stuck between a rock and a hard place: do they partner with a large tech company with little experience in the fundraising world that sees adding a nonprofit vertical as a revenue play, or do they work with a lean, experienced team that has decades of combined fundraising experience and an advanced online estate planning platform?
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