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Home > Planned Giving > Define Your Dreams Through Your Will

Define Your Dreams Through Your Will

At What Cost?
When drafting your will, you may spend a few hundred dollars or several times that amount depending on where you live. Whatever the going rate in your area, resist the "deal." Instead, select a qualified estate planning attorney who can help you save your estate money and eliminate heartache in the long run.

1. Begin with the basics
Start by getting organized: outline your objectives, determine the value of your property, inventory your major assets, estimate outstanding debts, and prepare a list of family members and other beneficiaries to whom you want to pass assets. You'll also want to ask yourself these two questions:

  • How do I want to divide my assets among my family members, other loved ones and favorite causes?
  • Do I need to make special provisions for any of my heirs?
eBrochuresRead in-depth information about creating your first will.

2. Choose guardians
If you have minor children or an adult child, a parent or a spouse with special needs who is your dependent, you must think about who will care for them when you're gone. Talk to your proposed guardian ahead of time about what you are asking, and understand that if you don't name a guardian, the courts may end up doing it for you.

3. Choose an executor
Your executor undertakes many important responsibilities, including:
  • Notifying all interested parties and agencies of your death.
  • Paying creditors and outstanding taxes.
  • Distributing your assets according to your will.

If you don't have a will, or if your will doesn't name an executor, the courts will appoint one.

4. Meet with an estate planning attorney
To avoid trouble for your heirs, seek the counsel of an estate planning attorney to help record your wishes in a legally sound will.

eBrochuresLearn how to prepare for this meeting with your attorney.




We're Here to Help
When drafting your will, we hope you'll remember Sisters Hospital Foundation by including a charitable bequest that will support our important cause after your lifetime. Just contact Julie Snyder at 716-862-1992 or jsnyder@chsbuffalo.org if you would like more information about this flexible way to support our mission.

The official bequest language for Sisters Hospital Foundation is: "I, [name], of [city, state, ZIP], give, devise and bequeath to Sisters Hospital Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

Copyright © The Stelter Company, All rights reserved.

The information in this Web site is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income tax include federal taxes only. Individual state taxes and/or state law may impact your results.