Join us on the next step of A Compassionate Journey, the Campaign for Subsidized Care, and help support those in financial need as they face physical and emotional challenges at life’s end.
What is an estate? What is a will?
An estate is the total of a person’s assets. Cash, investments, real estate, and other property are among the assets that make up your estate. A will declares your instructions about how these assets should be distributed after your passing. It’s an opportunity to take care of loved ones, meet personal obligations, and leave a legacy through a charitable gift.
If I die without a will, can my survivors decide how to distribute my assets based on wishes I expressed during my lifetime?
If you die without a will, your estate will be distributed according to state law, which may not be in accordance with your wishes.
Can I change my will after it’s been written?
A will is meant to protect your wishes, and changes may be made at any time either with a new will or a codicil (a document that amends, rather than replaces, a previously executed will). You should always review your will after major life changes, like the birth of a child, marriage, divorce, or change in residency to another state.
Can I leave a donation to Home Health VNA, Merrimack Valley Hospice or HomeCare, Inc. in my will even if it isn’t a huge sum of money?
Absolutely, every gift matters, no matter the amount! Your monetary support helps individuals get the care and services that they need. A bequest allows you to give a specific dollar amount, a percentage, an asset such as real estate, or residual of your estate.
We recommend consulting a lawyer or financial advisor when preparing a will or making updates to ensure the document is valid under state law.