Friday, September 22, 2017
What Not To Do With Your Will

Your will is one of the most important documents you will ever sign.  There are certain things to avoid in order to do it right. 

Here are five of the more critical “DON'Ts” to consider.

Don't Put It Off Until Later

The worst thing you can do in creating a will is to procrastinate.  You can keep waiting for a more convenient time.  But the years have a way of slipping by.  A will delayed is a will not done.  Now is the time – while you are able – to do your will.  For your sake, and the sake of your loved ones, do your will now.

Don't Do It By Yourself
Saving a few bucks by writing your own will, or using a mass-produced generic form, will not provide the level of inner-peace and confidence you and your family deserve.  Nothing can replace the benefits of a face-to-face meeting with a good estate-planning attorney who asks the right questions and who knows how to draft a will that meets the specific requirements of your state of residence.  Seek out a qualified attorney and have your estate plans done right.

Don’t Rely Sole On Your Will
Your will needs to be considered along with other transfer documents, such as life insurance policies, joint-ownership accounts, and retirement accounts.  Other estate-planning documents might include: power of attorney, appropriate health care provisions, and a living will.  Again, a good attorney can help you coordinate your planning and provide added assurance that everything you need is prepared legally and according to your wishes.

Don’t Put It Away and Forget About It
Things change.  Children grow up.  New laws are passed affecting estate planning.  New developments occur regarding health issues and financial resources.  An outdated will could create more problems than it solves.  It’s a good idea to get out your will every year and review it.  Make sure it does what you want.  Keep your will current.

Don’t Put It Where No One Can Find It
A will is worthless unless it can be located and duly recorded at your death.  Yet nearly every day someone dies with a “lost” will.  Be sure to put it in a safe place, but also let someone else know where it is.  Tell one or more loved ones – or a trusted friend.  A little foresight like this can spare your family added stress during their time of grief.

We at St. Leo the Great Church want you and your loved ones to be protected with a good, up-to-date plan.  We also want to remind you that an estate gift to St. Leo the Great Church can make a positive statement to you family and friends regarding your priorities… as well as make a tremendous difference in our future work.  Thank you for remembering St. Leo the Great Church as you plan or update your will.  

 

St. Leo The Great Parish

Rev. James R. Schutte, Pastor
2573 St. Leo Place
Cincinnati, OH 45225
513-921-1044 ext. 21

 

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