Did you know that August is “National Make-a-Will Month”? It is the perfect time to be reminded of the importance of creating or updating your will.
There are many ways you can use your will to benefit a charity - you can give cash, stock, real estate property, and more. Leaving gifts for charities in your will costs nothing during your lifetime but ensures that you can make a positive impact on causes close to your heart for years to come.
It is important to keep your will updated. Estate attorneys recommend reviewing your will every three to five years, or whenever you experience a life event. In August, if you have a will, consider reviewing it to ensure it is updated with your current wishes. It also is a suitable time to review and update the beneficiary designations on non-probate assets, like life insurance policies and retirement accounts.
Please don’t hesitate to contact me, or any member of the Endowment Committee, with questions or thoughts.
Thank you, Lisa P. Sierk,
Director of Endowment
Ministries, 216-926-1702 or
LSierk@rrumc.org