Don’t Make These 3 Mistakes with Your Will!

by | Mar 11, 2019 | News & Notes

Your will is one of the most powerful documents you will ever have the opportunity to create! Through it, you can proactively care for your loved ones’ needs AND ensure your resources are used in a way that reflects your faith and values.

A properly executed will can help you…

  • Minimize family disputes.
  • Protect your spouse and heirs from excessive taxes and legal fees.
  • Establish guardianship for minor children.
  • Provide for children or loved ones with special needs.
  • Give in a profound way to Love INC and the other charities close to your heart.

Almost no other action you take will speak as powerfully to future generations about what matters most to you!

That said, there are three types of wills that will not help you achieve your personal or charitable goals…

  1. The Non-Existent Will
    Don’t assume you don’t need a will because you don’t have “enough” resources to warrant one, or because you’ve already vocalized your desires. A completed, legal will is the only way to ensure your wishes are met and your resources (home, business, vehicles, personal collections, finances, etc.) are quickly and smoothly passed to the people and causes you intended.
  2. The Incomplete Will

Meeting with an advisor, discussing your plans with your loved ones and documenting your intentions are all important steps toward completing your will. But until you have a properly written and signed will that meets your state’s legal requirements, your plan is just a concept or piece of paper with no legal bearing.

  1. The Out-of-Date Will

Things change over time—and as your personal circumstances evolve, your will should, too. There are several key life transitions that warrant an update, such as children moving out of the house, retirement, marriages, births or adoptions, deaths, changes in financial situations and more.

Does your will need to be drafted, finalized or updated?

Call us at 616-662-3300 ext 130 or email [email protected]] to request your complimentary copy of “The Roadmap to Your Completed Will” or “7 Reasons to Update Your Will.”