Top reasons to update your will and support GI research through the AGA Research Foundation

Consider including a gift to the AGA Research Foundation in your will. You will help spark future discoveries in GI. Visit our website at gastro.planmylegacy.org or contact us at foundation@gastro.org.

Here are five reasons you should review your will every few years and more often if situations such as the following have occurred since you last updated your will.

1. You want to support the AGA Research Foundation  

A gift in your will help provide research funding to talented investigators. Contact us for sample language you can share with your attorney to include a gift to us in your will. 

2. Changes in your estate's value 

When you made your will, your assets may have been relatively modest. Now the value may be larger and your will no longer reflects how you would like your estate divided. 

3. Tax law changes 

Federal and state legislatures are continually tinkering with federal estate and state inheritance tax laws. An old will may fail to take advantage of strategies that will minimize estate taxes. 

4. Family changes 

If you've had any changes in your family situation, you will probably need to update your will. Major events may affect how your estate will be distributed, who should act as guardian for your dependents and who should be named as executor of your estate. 

5. Relocating to a new state 

The laws among the states vary. Moving to a new state or purchasing property in another state can affect your estate plan and how property in that state will be taxed and distributed.