August is recognized as Make-A-Will Month, making it the perfect time to think about one of the most meaningful gifts you can leave your loved ones — not just your possessions, but peace of mind.
Many people put off creating a will because they believe they have plenty of time or think they don’t own enough to make one worthwhile. The truth is, every adult can benefit from having a will, regardless of the size of their estate.
A will allows you to decide how your belongings will be distributed, who will manage your estate, and, in some cases, who will care for dependents or pets. Without a valid will, state law determines how your estate is divided if you die without one, which may not reflect your wishes.
If you already have a will, August is an excellent time to review it. Life changes such as the birth of grandchildren, the loss of a loved one, marriage, divorce, or the purchase or sale of property can all affect whether your current will still reflects your wishes. Even if nothing significant has changed, it’s a good idea to review your estate planning documents every few years.
A complete estate plan often includes more than a will. Consider whether you have up-to-date documents, such as a health care proxy, living will, and power of attorney, so that someone you trust can make medical or financial decisions if you are ever unable to do so yourself.
The good news is that getting started doesn’t have to be overwhelming. Begin by making a list of your assets, thinking about who you would like to inherit them, and choosing someone you trust to carry out your wishes as executor.
If cost or knowing where to begin has kept you from creating a will, help may be available. Your local Office for the Aging can often connect eligible older adults with resources and legal assistance programs that provide simple wills at little or no cost. While these services are generally intended for straightforward estates, they can be an excellent option for many older adults who want to ensure their wishes are documented. Contact your local Office for the Aging to learn about eligibility requirements, upcoming legal clinics, or referrals to participating attorneys.
Perhaps the greatest benefit of having a will is the peace of mind it brings. It can reduce stress for family members, minimize confusion, and help avoid unnecessary disputes during an already emotional time.
This August, consider taking the first step. Whether you’re creating your first will or updating one you’ve had for years, planning ahead is one of the most thoughtful gifts you can give your family — and yourself.
Remember, making a will isn’t about expecting the worst. It’s about making your wishes known, protecting the people you love, and leaving behind the gift of clarity and peace of mind.