Will Planning: 4 Insider Tips

Proper planning includes involving the right people. Here’s why an attorney is a vital partner in your will planning process.

  1. I already have a will, so I’m all set, right?

    Not necessarily. Unlike antiques and wine, a will doesn’t improve with age. Many things in your life might have changed since you first created your will—a divorce or remarriage, a new child or grandchild, revised tax laws, a move to another state, or valuable new assets.

    An estate planning attorney can help you determine if it’s time to breathe new life into your outdated will and can make recommendations for updating it based on your current circumstances.

  2. The internet can help me write my will for free. Why should I pay for the services of an estate planning attorney?

    Do-it-yourself will kits may be widely available online, but there are no safeguards to ensure that they’re accurate and that the generated documents are implemented correctly. There’s more to writing a will than just filling in the blanks.

    A qualified estate planning attorney can help you protect your assets, minimize taxes, and find the best ways to provide for your loved ones and the causes that are important to you, including Memorial Sloan Kettering Cancer Center.

  3. I just finished writing and updating my will. Planning done!

    Not so fast. Your will doesn’t cover everything in your estate. The beneficiary designation forms for your retirement plan and life insurance policies dictate who will receive these assets. Keep your beneficiaries up to date so that your assets end up with your intended recipients.

    As part of the will planning process, your attorney will review these accounts to ensure that they coordinate with your overall plans.

  4. MSK is important to me. How can I continue to support MSK’s research and care after my lifetime?

    Including MSK in your plans is a thoughtful way to help our scientists advance medical discoveries. It’s also your opportunity to give voice to the values you live your life by.

    There are many ways to remember MSK in your will or other financial plans. Your attorney can help you find the gift that best meets your family’s needs and charitable goals.

We’re Here to Help

In addition to providing peace of mind, your will and other financial plans provide a flexible way to support MSK well into the future. To learn how you can make a future gift to help MSK improve the quality of life for patients, contact plannedgiving@mskcc.org or 800-688-1827.

Learn More

Download MSK’s complimentary Estate Planning Guide.

View my guide

Contact Us

Our staff is available to help, in confidence and without obligation.

Toll free: 800-688-1827
E-mail: plannedgiving@mskcc.org

If you have included MSK in your estate plans, please let us know.