Estate planning is more than a legal task—it’s a powerful way to reflect your values, protect your loved ones, and support causes close to your heart.
At Sanctuary for Families, we believe estate planning is more than a legal task — it’s a powerful way to reflect your values, protect your loved ones, and support causes close to your heart. As we kick off our planned giving series, we’re starting with two essential tools: wills and living trusts.
What’s the Difference?
A will lets you outline how your assets should be distributed after your passing. You can name beneficiaries, appoint guardians, and designate an executor. However, wills typically go through probate—a court process that can be time-consuming and public.
A living trust holds your assets during your lifetime and distributes them according to your wishes when you pass. Trusts generally avoid probate, allowing for quicker, more private distribution. They can also provide asset management if you become incapacitated.
Why Include Sanctuary?
Naming Sanctuary for Families in your will or living trust is a meaningful way to support survivors of gender violence beyond your lifetime. By designating a specific amount, percentage, or the remainder of your estate, you help ensure our life-saving work continues for generations.
Planned gifts can also offer tax benefits and allow you to make a lasting impact without affecting your current finances. No matter which path you choose, your legacy will reflect a deep commitment to justice, safety, and empowerment.
Getting Started
Estate planning can seem daunting, but guidance is available. An estate attorney can help you choose the best approach, and Sanctuary offers resources to align your giving with your values.
To learn more about how your legacy can support survivors and promote change, visit our planned giving website.
This article is part of our ongoing series on planned giving options. Stay tuned for future installments exploring beneficiary designations, charitable trusts, and more.