Willamette University

Gift Planning

Should Estate Planning Be Called Life Planning? 

Learn More
When you hear the phrase "estate planning," what comes to mind? Something that's done by railroad and hotel tycoons, perhaps? Maybe that reference is a bit dated. Today, a social network founder or reality star may come to mind.

The truth is, distributing your assets after your lifetime is called estate settlement. Deciding in advance how you want this done is estate planning. So now what comes to mind when I say "estate planning"? Maybe your home, car or retirement account?

Perhaps a better term for estate planning is "life planning" or even "in-case-of-emergency planning." When you don't plan your estate, you are taking a risk by not having your paperwork in order. After all, many of us never get around to it. Most estimates show that half of all Americans die without a will, and that means the state in which you live will dictate how your property is distributed.

That's why Willamette University is reminding you to take the first step in planning your estate by learning how to create or update your will. It is the single most important legal document you can own, and with the help of a good estate planning attorney, it may be easier to set up than you think.

eBrochures
 Find tips for creating your will in our free guide.

The official bequest language for Willamette University is: "I, [name], of [city, state, ZIP], give, devise and bequeath to Willamette University, an Oregon non-profit corporation located in Salem, Oregon."

A will not only protects your family's future, but it can also protect our future if you decide to give a portion of your assets to Willamette University. Please contact Steve Brier at 866-204-8102 (toll free) or 503-370-6022 (direct) or giftplanning@willamette.edu for more information.