December 1, 2016
One technology company – determined to give Apple® a run for its money – took out a full-page ad announcing the release of their spectacular new computer. The bold headline promised, “The personal computer with expandable memory, advanced peripherals and comprehensive software, so it will never become obsolete.” The year was 1979 and the computer was the Atari 800.
Nearly forty years later, we’ve seen many products and services go the way of the Atari 800, including VCRs, rotary telephones and even encyclopedias. But what you may not have considered is that your Estate Plan could be obsolete as well. There are many life changes that indicate an update to your Estate Plan may be in order including:
- Family changes – Perhaps your family has recently grown or a loved one has passed. And what about your children – are they financially stable with potentially no need for inheritance?
- Financial changes – Has retirement or the selling of a business caused your financial situation to shift? If so, have you considered the tax implications or any investment opportunities you could consider to lessen their impact?
- Priorities change – As seasons of life change, sometimes we experience a shift in what is nearest to our heart. Does your current Estate Plan reflect what’s most important to you?
Ensuring your Estate Plan is up-to-date and a true reflection of your personal values is a form of exercising Biblical stewardship – a practice that will never go out of style. Having an up-to-date Will means you acknowledge that everything you own has been given to you by God and you want to take care of it wisely – even after your death. Did you know you can designate a gift in your Will to a ministry you care about like Grace Christian University? This action will not only set a powerful example for your family, it also gives you an opportunity to invest in eternal purposes too. Matthew 6:20 says “…lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in or steal” (Matthew 6:19-20).
Don’t let your Estate Plan or your hard-earned dollars become obsolete. Practice good stewardship and impact lives for eternity.
For the full version of this article, request a FREE copy of “The Greatest Gift You Can Give Those You Love” by contacting Stephen Gowdy from Grace Christian University at 616-261- 8565 or firstname.lastname@example.org – or bless your family today with a God-honoring Will at www.christianwill.org/gbc