Williamson’s Notes: Protect what matters most during Make-A-Will Month
August is National Make-A-Will Month, an important reminder to create some peace of mind in planning for the future.
Everyone needs a will, whether you’re 18 or 80. It’s a critical necessity to save time, money, and stress for your loved ones while also ensuring you have a say in who receives your property and assets.
While writing a will, you’ll also have the opportunity support your favorite nonprofits, like United Way, by including a legacy gift.
Creating a will is one of those tasks that can fall by the wayside. Be proactive and use this free tool from FreeWill and United Way to create yours in under 20 minutes.
Read on below to learn more about common myths around wills from our friends at FreeWill:
Myth: Wills are only important if you have a lot of money or property.
Fact: This is false. There are many reasons to have a will. Wills can do quite a bit more than just name who gets your money and property. With a will, you can also nominate guardians for your minor children, name caretakers for your pets, leave instructions for digital assets, write your funeral wishes, and more. A will can also save your loved ones the time, money, and stress that comes with lengthy, expensive probate court proceedings.
Myth: My family knows what I want, so I don’t need a will.
Fact: Your family might know what you want, but they won’t get to make any decisions for you if you don’t write them down in a will. Instead, a court will make those decisions based on local laws. And the court process can be long and cost your loved ones a lot of money from your estate.
Myth: Writing a will is a long, complicated, and expensive process.
Fact: Not anymore! There are a number of online will-making tools out there today. Most of them charge for their services. But on FreeWill, you can fill out, download, and print your will for free in less than 20 minutes. Then all you have to do is sign your will with at least two witnesses and keep it safe.
Making a will is the best way to protect what matters most – the people and causes you love. Get started today.