- 2021 Posts
- COVID-19 Vaccine Information
- Just Start Walking
- Executive Director: Gala Postponed until Spring 2022
- Putting Your Right Shoe Forward
- Caregiver Specialists: Your Personal Guide Along Care Journey Path
- Executive Director: Face Coverings Required Starting August 2
- Why it's Important to Have a Will
- How to Get Started Refreshing Your Home
- "Senior Scams" featured in Caregiving magazine
- Executive Director: What you can expect at NSSC starting Jun 14
- The Shop at the Center: The North Shore's Best Kept Secret
- Bridge Phase Update: A Message from the Executive Director
- Do’s and Don’ts as You Re-Enter Stores
- Easing Their Way Back: How NSSC members are slowly returning to pre-pandemic normalcy
- Easing Your Way Back to Normal
- Ways Caregivers Can Strengthen Connections & Reduce Loneliness
- Medicare and COVID-19
- A Change in Seasons Can Bring a Change in Moods
- New Act Provides Relief for Pandemic Weary Individuals
- Something to Think About
- Do I Hear an Echo? Smart Home Devices Can Make Life Safer and Easier
- "Senior Financial Abuse" as featured in Caregiving Magazine
- Annual Report - FY20
- 2021 New Year Message from Executive Director
- "The U-Shaped Happiness Curve"
- "Everyone Has a Story to Tell. Are You Ready to Share Your Life Story?"
+ 2020 Posts
- "Maximize Your Personal Connections and Minimize the Holiday Blues"
- "Resilience & Aging"
- Self-Care Tips for the Family Caregiver
- Sharing Gratitude During Thanksgiving from Our Executive Director
- NSSC Awarded Chicago Top Workplace
- 'Exercise’ Your Commitment to Stay Fit During Pandemic
- How the End of Daylight Saving Time Affects People with Dementia
- Lifelong Learning Virtual Experience: The Next Best Thing to Being at the Center
- Join us for Gala 2020: Unmasked
- Permission Granted: Time to Host the Perfectly Imperfect Wedding
- North Shore Senior Center Featured in Caregiving Magazine!
- What Does 'Medicare for All' Mean?
- Opening Day Slated for July 6!
- North Shore Senior Center Keeps Older Adults And Their Families Connected
- June 15 Update on Center Reopening
- An Open Letter from the Executive Director
- Initial Plans to Re-Open Center
- HSS & Sewa International Donate Masks to NSSC
- May 14 Update from the Executive Director
- The CARES Act Brings Many Changes for Individuals and Businesses
- May 7 Update from the Executive Director
- April 30 Message from the Executive Director
- Celebrating our Volunteers and Senior & Family Services: A Message from the Executive Director
- Celebrating Our Successes: A Message from the Executive Director
- Message from the Executive Director on HOW Programs
- Winnetka Talk: North Shore senior centers turn to technology to connect and entertain
- Message from the Executive Director
- An Update from our Executive Director & Free Online Classes
- A Note to the North Shore Senior Center Community
Why it's Important to Have a WillJuly 30, 2021
by Jon Labaschin, Director of Development
Did you know that August is “National Make a Will Month?" It’s the perfect time to think about the importance of drafting or updating your will to ensure your final wishes are executed as you intended.
Despite the importance of having a will, many people never get around to it, citing they simply do not have time or dislike the idea of preparing for their death. Another common misconception is that unless you are wealthy, you do not need a will—but that’s furthest from the truth.
An individual’s wealth and assets may determine how lengthy or in-depth a will or estate plan may be, but it certainly does not dictate the need. Everyone, regardless of his or her wealth, should have a will to provide peace of mind for the heirs. If there is no will, things have a tendency to quickly get complicated, leading to the state’s involvement, possible family feuds and, ultimately, a delay in settlements.
Thankfully, getting your affairs in order, does not need to be a lengthy or costly project. Here are a few tips to help you get started with ensuring your final wishes are executed correctly:
- Make a list of your assets, including investments, properties, bank accounts and personal property such as art, jewelry and other valuables.
- Review all your beneficiary designations of your life insurance, investment and retirement accounts. For example, you still may have an ex-spouse listed as a beneficiary—if you do not change it, he or she may inherit these funds. If you own an account with a beneficiary and pass away, the funds go directly to the beneficiary, regardless of what any other document, such as a will or trust, may say.
- If you already have a will in place, be sure to review it every couple of years, updating it with any new assets, and making any necessary changes to your wishes.
- At the same time you review your plans, also review the executors that you put in place to execute it, making sure that you still trust the designee and the person is still willing to complete the task.
- If you have not yet made a will or considered your estate plans, now is the time! Connect with a lawyer or use a free or cost-effective online tool.
Lastly, consider whether or not you would like to include North Shore Senior Center in your final plans. When designating a charity as a beneficiary, it does not have to be an all or nothing scenario. You can always decide to leave a percentage of your assets to North Shore Senior Center and designate the balance to one or more other charities.
No matter how you may designate your will, having one is important for you and your family.