Dear Reader,
Did you know that August is recognized as National Make-A-Will Month? It serves as a timely reminder of the significance of creating and updating your will. It's also a time to consider the causes and nonprofits you wish to support long after you're gone.
It doesn't have to be difficult. Here are some tips to get started: - Create a list of all your assets, including investments, properties, bank accounts, and other valuable items.
- Review the beneficiary designations on your life insurance policies, and investment accounts. Remember, the beneficiary designation takes precedence over a will or trust.
- If you haven't created a will, now is the time to act. Chat with a lawyer or explore free online tools that can help you.
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Consider including charitable organizations, like OpenSecrets. You have the flexibility to designate a percentage of your assets to charitable beneficiaries. For example, you could leave 70% of your IRA to your children and the remaining 30% to a reputable charity such as ours.
If you're taking the steps this month to create or revise your will, consider OpenSecrets in your planning. With your help, we can continue our mission to track the flow of money in American politics and strengthen democracy for generations to come. |
