Yes! Every adult should at least have a will. If you don’t have a will, the state in which you live will determine how your assets are divided – and also decide the guardianship of those under your care. As for all the nonprofits you lovingly supported throughout the years, like PSS… they will get nothing.
A will is a legal document that specifies your important wishes such as – who will inherit your property after you are deceased; how your spouse, loved-ones or pets will be cared for; who will be the executor of your estate; and what charities may be supported.
A bequest is a gift made to charities or individuals, through an amendment (codicil) to an existing will or when creating a new will. A bequest costs you nothing now, is flexible and can often be established easily.
Below is sample language which you may use in amending your will through a codicil or creating your will. Please be sure to review any changes to your will with an attorney or estate planning advisor.
A codicil is a separate legal document that is used to make amendments (changes) to an existing will and should be saved with that will. You can describe any changes you wish, within that document. The language provided above can be included, as may be relevant to your intent. Once completed, you will need to both sign the codicil and have your signing witnessed by two persons who are not beneficiaries of your will. It should also be notarized.
To download a sample codicil document that you can edit, Click Here for PDF Version or Click Here to Download a Word Document version.
If you do not already have a will, or wish to write a new one, we recommend working with an attorney to create one that is specific to your state. However, if you wish to create a will on your own (which you can legally do), at no cost to you, you can use an online service like FreeWill.com to create one. Once you have created your will, download, print and sign it. Be sure to save it in a secure but accessible location.
Click here to go to FreeWill, to create a new will.
Some people include PSS in their will without telling us. But we would welcome the chance to say thank you. And, your gift can inspire others to make a similar gift to PSS to help future older New Yorkers.
To notify us of a legacy gift you have planned, or to discuss the best gift option for you, please contact our Development Department by calling (212) 874-6633 or emailing giving@pssusa.org.
Click here to learn more ways to give to PSS.