Will Planner
Creating a will can be a daunting experience, but the end result is a true sense of comfort, knowing that what is of value and importance to you will continue to you are taken care of and give you a peace of mind. It may also be a rewarding and necessary activity to ensure that your family is cared for, and that the individuals and causes you are passionate about receive the support and resources you wish. Wills also allow you to make these critical decisions with your family, rather than the state where you reside deciding on your behalf.
The resources on this page provides you an easy and free way to get started. When you set up a private account, you will have access to a Will Planner for you and your family to begin considering your estate plans - from capturing your pertinent information to deciding distribution of assets. There are also short videos available for you to learn more about creating your estate plan. You may also request an Estate Planning Guide by clicking here.
Many North Central alumni and friends have let us know that the College is included in their estate plans and therefore are members of the Cornerstone Society. You may be inspired, or recognize friends, by reading some of our Donor Stories.
Few of us are equipped to discuss or create legal documents. However, when you are ready to develop or update your estate plans, having a working knowledge of the options and resources that are available to you can be of great assistance. In addition to several short videos that will help you plan for your future, we have provided an estate-planning guide that will walk you through the process of discussing and documenting your estate plans.
What are the benefits of a making a bequest?
There are four things to remember when you're considering a bequest:
- You leave a lasting legacy through your philanthropy
- You lessen the burden of taxes on your family
- You may receive estate tax savings
- You enjoy your retirement, savings and property during your lifetime
How do I make a bequest?
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying that a gift is made to family, friends or North Central College as part of your estate plan.
To support North Central's mission and celebrate your passion for the College you may name the College as a beneficiary to your will, living trust, retirement account, insurance policy or other accounts.
In order to make a bequest, you should speak with your attorney, who can help you include North Central College in your estate plan. We have provided some basic bequest language to assist you and your attorney. To include an outright bequest to North Central, you may use this simple language.