When it comes to sustaining long-term success for nonprofits, planned giving is a critical component. Designating nonprofits in your will is one of the best things that you can leave behind, and Rob’s guest today, Patrick Schmitt, is making it easier than ever. Patrick, along with Jenny Xia Spradling, co-founded FreeWill, a company created to help you write your will and provide guidance on where you want your money to go after you die. It’s their goal to make estate planning warm, accessible, and completely free.
FreeWill is an award-winning social venture founded by these two graduate students of Stanford University in 2016, with the help and support of many of the world’s leading experts in law, design, and philanthropy. It is an online platform that makes estate planning incredibly easy for individuals. When people plan their estate through FreeWill, they are six times more likely to leave money for charities and nonprofits. Through partnering with nonprofits, FreeWill can help make custom websites and avenues to donate. Through careful planning and an environment of giving, FreeWill has already helped donate almost $1 billion to nonprofits and charities. When people near the end of their lives or even when they hit retirement age, some will want to contribute to charities that they feel passionate about but were not able to previously give much to them. The right retirement plan can help you out with what you want out of your retirement income and how you want to handle it when the time comes, checking out sites such as SoFi will be of great benefit to those who need to make that decision at any age.
Links to Resources:
See how you can make a difference after you go with FreeWill!
Connect with Patrick on LinkedIn!
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