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    • Fundación de Renown Health
    • Renown Health
    • Donación
    • Empleados

    Un token de aprecio: Programa de donaciones para empleados de Renown

    Pictured above from left to right: Jessica Bajwa, Nancy Bell, Laurie Goodman and Troy Fernandez As we approach the holidays and the season of giving, we reflect on the generosity and kindness that our employees here at Renown embody. Since 2007, Renown employees have donated $2,931,018 through Renown’s Employee Giving Program. This program provides our staff with the opportunity to make a difference by funding advanced equipment, research, community health initiatives, professional training and more. Regardless of the dollar amount, every contribution has a meaningful impact and remains entirely within Renown to support our mission. Employees can participate in the program at any time of the year by signing up for recurring payroll deductions or by making a one-time donation of any dollar amount. They can donate to one of Renown’s top priority areas of support or a different fund of their choice.  Meet Jessica, Nancy, Laurie and Troy  Renown employees Jessica Bajwa, Nancy Bell, Laurie Goodman and Troy Fernandez all have their own reasons for participating in the Employee Giving Program, but they all share the same goal: To give back to their community. Jessica Bajwa has been working at Renown for about seven years. She was at an employee event five years ago and found out about the Employee Giving Program through Renown Health Foundation. They explained the different areas she could donate to and how to get signed up. When Jessica looked back on the comforting care and healing her daughter had received at Renown Children’s Hospital, she felt empowered to give back to other children and families staying at Renown, so she enrolled in recurring payroll deductions to donate to Healing Arts. “It’s so easy and convenient to sign up,” said Jessica. “It means a lot to me to give to this area where they provide a healing environment, especially for patients and families at Renown Children’s Hospital – My daughter still has a blanket they gave her when she was there,” Jessica said she likes that the Employee Giving Program allows employees to choose their area of support to donate to and donation amount.   Nancy Bell said she’s proud to give back to Renown after having received a great amount of support from her coworkers during an incredibly difficult time when a family member of hers was being cared for in Renown’s ICU, just three weeks into her employment at Renown. “I had employees from not just my team but also across the organization reaching out to me and checking in to see how I was doing,” said Nancy. Nancy said she was positively impacted by that kind of support through her work family at Renown and decided to start giving back in 2011 by signing up for recurring payroll deductions to donate to the William N. Pennington Cancer Institute – to this day, she is still making donations to this area of support.   When Laurie Goodman began working at Renown in 2013, Renown’s Human Resources team offered her different ways to give back as an employee. “At the time, I was often caring for foster children and seniors,” said Laurie. “My family and I have always wanted to help others in need.” Laurie had been taking care of an elderly woman who was a patient at the old Renown Skilled Nursing Facility and decided to enroll in payroll deductions to donate to this facility. When that facility closed, she received a letter asking which area she wanted to transfer her donations to, and she decided to begin donating to Renown Children’s Hospital to give back to kids in the community. “I’m fortunate for not only my employment at Renown, but my husband’s and daughter’s employment as well. As employees of Renown, we have such great jobs, benefits and opportunities, and I think we should all strive to give back to express our gratitude and appreciation.”  At his employee orientation in 2012, Troy Fernandez heard about Renown’s Employee Giving Program and learned that funds were needed for individuals who needed financial support to pay for healthcare services at Renown. He knew his donations would go to a good cause and signed up for recurring payroll deductions to donate to the Greatest Need Fund. “It feels good to be able to give back to those who are less fortunate than us,” said Troy. “It was very easy to enroll in this program, and I’ve been donating to the same support area ever since.”

    Read More About A Token of Appreciation: Renown’s Employee Giving Program

    • Martes 16 de junio de 2020

    Renown celebra el Mes del Orgullo y las comunidades LGBTQ+ con amor

    Durante el Mes del Orgullo, la icónica escultura “LOVE” de Renown se ilumina con los colores del arcoíris y los empleados comparten historias conmovedoras. Reno, Nev. (16 de junio de 2020) – Para celebrar el Mes del Orgullo y las comunidades LGBTQ+ de Reno, la escultura “LOVE” de Renown, una obra de arte de una tonelada de aluminio soldado con letras de 10 pies de alto y 8 pies de ancho, se iluminará con luces LED de los colores del arcoíris durante el mes de junio. La escultura “LOVE” se encuentra en la entrada principal del Renown Regional Medical Center, en Mill Street en 1155 Mill Street in Reno, Nevada, y es visible para los vehículos y peatones a lo largo de los corredores de Mill Street y Ryland Street. El Dr. Tony Slonim, presidente y director ejecutivo de Renown, dice: “En Renown, estamos orgullosos de apoyar a nuestras comunidades LGBTQ+. Durante el Mes del Orgullo y el resto del año, nos honra ofrecer un entorno inclusivo y seguro para nuestro personal y los pacientes, un entorno que celebra la diversidad en todas sus formas. La escultura “LOVE” ya ha traído una luz resplandeciente a nuestro mundo, y estoy deseando ver la alegría que traerá a todos los que la vean con los colores del arcoíris”.    Para conmemorar el Mes del Orgullo, Renown se ha comprometido a destacar a algunas de las personas LGBTQ+ que son parte de sus 7,000 empleados. Sean Savoy, director de Atención Espiritual de Renown, comparte cómo sus experiencias como hombre gay afectan positivamente a su carrera en sanación espiritual y a la compasión que muestra a los demás.     “La base de la atención espiritual es la compasión: acompañar a las personas necesitadas al prestarles atención, darles apoyo y demostrarles empatía, y promover un sentido de bienestar”, afirmó Savoy. Ser miembro de la comunidad LGBTQ+ aporta ese profundo sentido de compasión y empatía de una manera muy especial y única. He descubierto que la convergencia de mi yo gay y mi yo espiritual ha sido una bendición en mi vida”. La escultura “LOVE”, creada por la artista Laura Kimpton y fabricada por Jeff Schomberg, apareció por primera vez en Burning Man, en 2019. Gracias a una asociación con la organización sin fines de lucro Artown, la escultura se inauguró en Renown en abril de 2020 y, desde entonces, ha servido como símbolo de esperanza y determinación para el personal del hospital, los pacientes y los miembros de la comunidad durante la pandemia de COVID-19. Generosos donantes y la Renown Health Foundation financiaron la instalación de la escultura.   ###   Acerca de Renown Health  Renown Health es una red de atención médica integrada de propiedad y administración local y sin fines de lucro que presta servicios al norte de Nevada, Lake Tahoe y el noreste de California. Renown es uno de los mayores empleadores privados de la región y cuenta con una fuerza laboral de más de 7,000. Abarca tres hospitales de cuidados intensivos, un hospital de rehabilitación, el grupo médico y la red de atención de urgencias más integrales del área, y la compañía de seguro sin fines de lucro de propiedad local más grande de la región, Hometown Health. Renown cuenta con una larga trayectoria y un compromiso a largo plazo para mejorar continuamente la atención y la salud de nuestra comunidad. Visite renown.org para obtener más información. Contacto con los medios: Relaciones Públicas M: 775-691-7308 E: news@renown.org

    Leer más Acerca de Renown celebra el Mes del Orgullo y las comunidades LGBTQ+ con amor

    • Lunes, 25 de abril de 2022

    Wilbur May Foundation dona cinco millones de dólares al fondo de beneficencia del Renown Children’s Hospital

    Los fondos de beneficencia generan ingresos anuales, lo que garantiza el apoyo para los próximos años. En la imagen de arriba: Dr. Max Coppes, médico en jefe de Renown Children’s Hospital, y Nell J. Redfield, presidente de Pediatría, UNR Med; Dra. Kristina Deeter, MBA, FAAP, vicepresidenta del Departamento de Pediatría y médica en jefe adjunta del Renown Children’s Hospital; Becky Haase, enfermera certificada, directora de Servicios para Niños en Renown Health; Emmalee Sutton, defensora de Children’s Miracle Network de Renown Health; Greg Walaitis, director de Desarrollo de la fundación de Renown Health; Dixie May, vicepresidenta de Wilbur May Foundation; Dr. Thomas Graf, director ejecutivo de Renown y Larry Duncan, vicepresidente y administrador del Renown Children’s Hospital. Wilbur May Foundation anunció recientemente una donación de $5 millones a la fundación de Renown Health. Esta donación marca la primera donación importante para apoyar el fondo de beneficencia recientemente constituido del Renown Children’s Hospital. Los fondos de beneficencia se invierten, y cada año se utilizará una parte de los ingresos del fondo como un flujo estable de apoyo para el Renown Children’s Hospital, mientras que el resto del retorno se reinvierte para preservar y hacer crecer la donación original. Como el único hospital infantil dedicado en el norte de Nevada, el Renown Children’s Hospital atiende a casi 50,000 de los miembros más jóvenes de nuestra comunidad todos los años, con un enfoque en mantener una atención médica de calidad cerca de su hogar. “Constituir un sólido fondo de beneficencia es una de las medidas más importantes que una organización, como Renown, puede tomar para obtener un respaldo en tiempos difíciles y en períodos de crecimiento difíciles”, afirmó Thomas Graf, MD, FAAFP, director ejecutivo de Renown. “Un fondo de beneficencia es de carácter permanente, es nuestra clave para proporcionar servicios de salud continuamente. Solo gastaremos los ingresos que obtengamos de las inversiones, lo que nos permitirá tener un flujo de dólares dedicado a pagar los equipos y programas que sabemos que nuestros niños necesitan”. En honor a la donación extraordinaria de Wilbur May Foundation, la Unidad de Cuidados Intensivos Neonatales (Neonatal Intensive Care Unit, NICU) y la Unidad de Cuidados Intensivos Pediátricos (Pediatric Intensive Care Unit, PICU), la cual está en un proceso de renovación importante, se denominarán NICU y PICU Wilbur D. May. Estas dos unidades importantes de la Unidad de Cuidados Intensivos (UCI) se trasladarán de Sierra Tower a Tahoe Tower en el Renown Regional Medical Center, sede del Renown Children’s Hospital. “Este fondo de beneficencia les brinda a los médicos y al personal la tranquilidad de saber que los servicios y programas seguirán estando disponibles fácilmente para las familias de nuestra comunidad, la cual está en constante crecimiento”, dijo Kristina Deeter, MD, MBA, FAAP, vicepresidenta del Departamento de Pediatría y médica en jefe adjunta del Renown Children’s Hospital. “La generosidad de Wilbur May Foundation repercutirá en los cuidados del Renown Children’s Hospital durante varias generaciones”. El difunto Wilbur D. May fue un ganadero del norte de Nevada, empresario, viajero del mundo y filántropo. Tenía una profunda y permanente preocupación por el bienestar y la educación de los niños. La Wilbur May Foundation, compuesta por familiares, incluida su hija, Dixie May, continúa impulsando la visión de Wilbur. La fundación ha hecho numerosas donaciones al Renown Children’s Hospital a lo largo de los años, lo que incluye el apoyo a la PICU actual y el programa de diálisis renal de niños, entre otros. “Es un honor trabajar con líderes de la comunidad y donantes como Dixie May y Wilbur May Foundation, y esperamos que este anuncio inspire a los demás miembro de la comunidad a unirse a la causa justa y apoyar a los niños y las familias de nuestra comunidad”, afirmó Greg Walaitis, director de Desarrollo de la fundación de Renown Health. Para obtener más información sobre el fondo de beneficencia del Renown Children’s Hospital, o para contribuir, visite renown.org/give o llame a la fundación de Renown Health al 775-982-5545. ### Acerca de Renown Health Para obtener más información, visite Renown Health es la red de atención médica integrada, sin fines de lucro, de propiedad local y gobernada más grande de la región que presta servicios en Nevada, Lake Tahoe y el noreste de California. Con una fuerza laboral diversa de más de 7,000 empleados, Renown ha fomentado una cultura de excelencia, determinación e innovación de larga data. La organización cuenta con un centro de urgencias, dos hospitales de cuidados agudos, un hospital para niños, un hospital de rehabilitación, un grupo médico y una red de atención de urgencia, y la compañía de seguros sin fines de lucro de propiedad local más grande de la región, Hometown Health. Los institutos clínicos abarcan los campos de cáncer, salud cardíaca y vascular y neurociencias. Actualmente, Renown está inscribiendo participantes en el estudio genético de salud poblacional basado en la comunidad más grande del mundo, el Healthy Nevada Project®.

    Leer más Acerca de Wilbur May Foundation dona cinco millones de dólares al fondo de beneficencia del Renown Children’s Hospital

    • Fundación de Renown Health
    • Directiva anticipada

    Errores de planificación patrimonial que se deben evitar

    August is National Make-a-Will month. We talked to Renown Health Foundation Planned Giving Officer, Abbey Stephenson, to learn more about wills, trusts, and estate plans and why you should feel motivated this month to get started. Did you know that 2/3 of Americans don't have a will or trust? If this is you, don’t worry, you’re not alone. Although there are laws in place to determine who inherits your assets if you die without a will or trust, having a will or trust ensures your assets go where you want them to go after you are gone. They can also help minimize disputes between family members and heirs about who gets what. In Nevada, the laws that govern who gets what if you die without a will or trust can be found in Chapter 134 of the Nevada Revised Statutes. There are other documents that people often prepare at the same time as their will or trust – like an advance health care directive and durable power of attorney for assets. These documents all together are called an estate plan. Although they have other purposes too (like nominating a guardian for a child, planning for disability or avoiding probate, which is a court process), wills and trusts are documents that say who will receive your assets after you are gone. The most common type of trust is often called a revocable living trust or a family trust. People who have a trust usually still have a will, although it is a shorter form of will called a pour-over will. It’s a good idea to talk to an estate planning attorney about whether or not a trust makes sense for your family or circumstances.  Now that you’re ready to get started, here are some mistakes to avoid: 1. Failing to plan Not setting aside the time to plan may be the biggest mistake. Failing to prioritize preparing or updating your estate plan means your last wishes and desires may not be fulfilled. The right documents memorialize what you would like to happen upon your disability and death so that other people can know and follow your wishes with respect to your care and your assets.  2. Failing to coordinate beneficiary designations Certain types of assets like life insurance and retirement accounts are not covered by your will or trust and need to be addressed separately. These types of assets are referred to as non-probate assets because they transfer under contract principles and don’t require court supervision or probate to be distributed to the named beneficiaries. By completing beneficiary designation forms provided by the retirement account custodian, insurance company or financial institution, you can direct your assets to one or more beneficiaries. 3. Failing to title your assets properly Asset titling refers to how you own your asset – such as in your individual name, jointly with someone else, or in a trust or entity. For example, assets titled for two people with a “right of survivorship” will automatically go to the surviving owner. Review your asset titling and make changes, if needed, to ensure your property and assets are passed down the way you intend. 4. Failing to include charities meaningful to you In addition to providing for family members and other important people in your life, you many also choose to give to charities meaningful to you in your estate plan. When you include a charity in your estate plan, that gift is called a planned gift and many charitable organizations, including Renown, recognize such donations through their legacy giving societies. As you prepare to make your own will or a more comprehensive estate plan, we recommend you consult with a lawyer. Here are some free resources that may be helpful too:  Renown Health Foundation is proud to sponsor the Family Estate Planning Series put on by PBS Reno and the Community Foundation of Northern Nevada. The free, 8-week course of 90-minute, in-depth workshops is a great place to learn much more and to help you get started in the planning process. The next course begins on September 7, 2022. More information can be found here. Renown Health offers periodic advance health care directive workshops where attendees can learn about, complete, and sign their directive. The next workshop is scheduled for September 14th. More information can be found here. The American College of Trust and Estate Counsel provides information on a number of commonly asked estate planning questions here. If you are interested in including a charitable gift to Renown in your estate plan, we would be happy to talk to you about how your gift will make a difference for our mission. Please contact Abbey Stephenson at abbey.stephenson@renown.org or visit renown.org/LegacyGiving to learn about Renown Health Foundation’s Legacy Giving Society and ways to give.

    Read More About Estate Planning Mistakes to Avoid

    • Renown Health
    • Fundación de Renown Health
    • Asociaciones comunitarias

    Gratitud y generosidad: El viaje de Henson con Renown Health Foundation

    It doesn’t take long to feel at ease when you sit down with Michael and Lorraine Henson. They are the kind of people you immediately know you can count on and want to be friends with. They have had more than their fair share of hard knocks and yet they still maintain an air of warmth and gratitude. That sense of gratitude towards Renown and connection to this community is what led them to make a generous gift in their family trust to Renown Health Foundation. Home Means Nevada Michael and Lorraine met as students at the University of Nevada, Reno (UNR) and they’ve been together ever since. Lorraine moved from Las Vegas to attend UNR and never left. They have deep roots in Reno and deep roots with Renown going back to its Washoe Medical Center (Washoe Med) days. As Michael put it, he is “Reno born and Reno proud.” Michael’s mother was born at Washoe Med in 1937, but it was his personal experiences with Renown that formed his bond with the organization. When Michael was a teenager, his brother was diagnosed with brain cancer. He was treated over the course of the next six years at Renown before passing away at the tragically young age of 24. The impact on his family was life altering. Michael is an Eagle Scout and turned down a spot at the Air Force Academy to stay close and be with his brother. Renown provided support to Michael and his family during this incredibly difficult time as well as other times such as when his father was in hospice and when Lorraine had a health scare. The Ties That Bind A few years after his brother’s death, Michael joined the Renown team and has now been an employee for 31 years! Lorraine too has many connections to Renown. She was an employee for several years, volunteers for Renown Children’s Hospital and is a grateful patient. Making Their Mark Through Renown’s employee giving program Michael and Lorraine have given over $6,500 to support Renown’s mission to make a genuine difference in the health and well-being of the people and communities we serve. “These two are a wonderful example of how small gifts over time really add up and their decision to include Renown Health Foundation in their estate plans can be an inspiration to us all this month in particular, as August is Make a Will Month,” said Greg Walaitis, Chief Development Officer at Renown Health Foundation. “Michael and Lorraine have supported Renown in every way imaginable over the years, including with their time, their talents and their treasure. It is an honor to have them as part of our Renown family.” We are also incredibly grateful to have Michael and Lorraine as members of the Renown Legacy Society, which recognizes donors who have provided for Renown Health Foundation in their estate plans, and we look forward to celebrating them at the Inaugural Renown Legacy Society Celebration taking place on August 30.

    Read More About Gratitude and Generosity: The Henson's Journey with Renown Health Foundation

    • Rehabilitación física
    • Asociaciones comunitarias

    Renown organiza día de deportes adaptados para personas con todo tipo de capacidades en el evento RASE en Sky Tavern

    Despite the challenges of a pandemic, the Renown Rehabilitation Hospital continues to help their patients thrive outside of the hospital walls. On July 31, 2021, they hosted the first-ever Renown Alumni Sports Extravaganza, or RASE, a day focused on adaptive sports for all abilities. “Sports and recreation have a unique way of breaking down emotional barriers,” states Jared Worchel, DO, MS. The alumni used their skills on a climbing wall, Frisbee golf, archery, an obstacle course and bag toss. Over 20 people spent the day cruising the first adaptive mountain biking trail in the Tahoe region. “Having old friends meet up and seeing new friendships form had to be the highlight of the weekend,” says Shaun Stewart Certified Therapeutic Recreation Specialist (CTRS) with Renown Rehabilitation Hospital. “RASE was a great way to learn new methods to improve outdoor recreation engagement from both participants and the many programs involved.” Dr. Worchel agrees, “The smiles really make it worth it, and we even saw several touching moments with tears of joy when participants completed a task and finally felt like they were getting past their injury, mentally, after years of being so focused on recovery.” Adaptive Climbing and Camping One touching moment came on the adaptive climbing wall. Cassie Firchau, an occupational therapist at Renown, recalls a rehab alumni who had never been on a climbing wall (pre or post injury) conquering the wall. “Everyone was cheering him on. I was impressed with how he used the ascending pull up bar to get up the wall,” she remembers. Mark Wellman, the founder of No Limits, provided the climbing wall. “I had heard of Mark, but I had no idea that he climbed El Capitan only a few years after his spinal cord injury,” says Cassie. “Having him at the event was a great opportunity to learn how to stay active and enjoy the things you love, no matter the circumstance.” After dark, the event continued with a DJ spinning hits followed by overnight camping. That evening Shaun Stewart had the chance to talk to one of the alumni. “He spoke on how he was nervous about camping and how it would go in a new campground. He said that he was happy for an opportunity to practice with our group prior to going out on his own,” remarks Stewart. “Knowing that this event can help create opportunities even outside our events is great to know.” Adaptive camping activities allow all abilities to not only enjoy nature, but also connect. “We also saw a lot of interaction between the participants themselves, sharing their journeys with each other during the down times which was possible with the extended format,” explains Dr. Worchel. “Overall it was an overwhelming success and we are already looking forward to next year.” Northern Nevada's Adaptive Sports Community Not only did the Renown Rehab alumni come together at RASE, but so did the greater northern Nevada community. Along with the hard work of the Renown Rehabilitation employees, the City of Reno Adaptive and Inclusion Programs, Wasting Arrows, Disable Sports Eastern Sierra, No Limits, and High Fives Foundation, provided support and equipment for the alumni. “It was so great to see multiple groups, volunteers and non-profits collaborating to support alumni participants to live life to the fullest, and to experience outdoor recreation in such a dynamic way,” states Josh Patterson, Supervisor of Rehab Therapy Services at Renown Health. "The City of Reno is so grateful for this sponsorship to bring together new and old Renown alumni to learn and encourage each other. There were many firsts this weekend, and we look forward to future participation in City of Reno Adaptive programs,” says April Wolfe, CTRS, City of Reno Parks and Recreation. For more information on future alumni adaptive events, please email: shaun.stewart@renown.org.

    Read More About Renown Hosts Adaptive Sports Day for All Abilities at Sky Tavern RASE Event

    • Fundación de Renown Health
    • Enfermería

    Conocer a Stephanie Kruse

    There are a lot of impressive titles you can use to describe Stephanie Kruse: entrepreneur, marketer, philanthropist, leader, adventurer, nurse. And now with her planned gift to the Renown Health Nursing Excellence Endowment, she can add one more to the list: a member of the Renown Legacy Society – a group of visionary supporters who have chosen to make a lasting commitment to the future health and wellbeing of northern Nevadans. This generous planned gift comes on the heels of a significant cash gift made to the Nursing Education Fund last summer. Stephanie is an inspiring example of someone who has dedicated her life to helping others. The daughter of a nurse and a retired nurse herself, Stephanie knows the hard work, selflessness and dedication it takes to create a successful business and community. As Chair of the Renown Health Foundation Board of Directors, she also understands the importance of attracting and retaining nurses within a healthcare system. As a way to contribute to a cause near and dear to her heart, she decided to include the Renown Nursing Excellence Endowment as a beneficiary of her retirement plans. “I wanted to honor the memory of my mother, who was a registered nurse in a small-town hospital in Iowa.,” said Stephanie. “I was always very conscious of her passion for providing great care to her patients, and I wanted to provide funding for others interested in nursing.” Across the nation, health systems are facing a shortage of nurses and nursing-related professionals. Renown is proactively implementing programs to build our pipeline of potential future nurses and keep those already in the field. Stephanie’s generous gift will help the endowment provide programs such as training, scholarships, loan repayment and professional development to increase retention and recruitment of prospective nurses. “As nurses, we are entrusted with our patients’ lives,” said Melodie Osborn, Chief Nurse Executive at Renown Health. “We have the privilege of caring for people in their most vulnerable time and helping those who cannot help themselves. Stephanie’s generous gift to the Nursing Excellence Endowment Fund will help us develop new nurses for the future so we can continue to provide care to those in need for generations to come.” No Stranger to Healthcare Long before she found herself leading the Renown Health Foundation Board, Stephanie learned the ins and outs of healthcare. She graduated from nursing school and became a part-time nurse in a Sioux Falls, South Dakota nursing home while attending Augustana College to obtain a degree in journalism and a minor in theater. As part of her journalism program, Stephanie completed an internship in the public relations department of a Sioux Falls hospital, and that led to her accepting a position as director of public relations at a sister hospital. She later was recruited by Saint Mary's Hospital and moved to Reno to be the director of marketing in 1981. She stayed at Saint Mary's for almost 10 years before starting her own company in pursuit of her passion for marketing strategy. Since launching her brand, Stephanie has grown KPS3 to a multi-million-dollar firm with more than 60 staff members. Somehow, she is still able to find time to serve on six (!) volunteer boards, most of which are dedicated to improving access to better health and human services. “I have a soft spot in my heart for organizations who strive against all odds to help those with the greatest needs,” said Stephanie.

    Read More About Getting to Know Stephanie Kruse

    • Directiva anticipada
    • Fundación de Renown Health

    Cómo comenzar y actualizar su testamento

    August is National Make-a-Will Month. We talked to Abbey Stephenson, Planned Giving Officer at Renown Health Foundation, to learn more about wills, trusts and estate plans and why you should feel motivated this month to get started. Why Make a Will There are so many reasons why it is difficult to make a will or put an estate plan in place. These include: Lack of time or money to prepare a plan The misperception that “only rich people need an ‘estate plan’” How intimidating legal documents can be General discomfort with planning for the future Given the barriers to making a plan, it’s not surprising that only 32% of Americans have a will or trust in place. But having a will or trust matters because these are the documents where you can say who will inherit your assets, who will manage your assets and estate, and who should be guardian of a minor or a child with a disability. Where to Begin If you have been thinking about putting together a will and don’t know where to begin, here are some next steps you can take. 1.  Learn the terms. If you have never created a will, trust, or an estate plan, the language can be hard to get used to. A few important terms to know include: Last will and testament (also known as a will): a legal document that describes how you would like your property and other assets to be distributed after your death. This is also the document where you can nominate a guardian for a minor or disabled child. Personal representative (also known as an executor): a person named in a will responsible for collecting your assets, paying your debts and final taxes, and distributing the remaining assets to those stated in your will. Personal representatives must be formally appointed by a judge and report certain information to the judge for review and approval. Living trust (also known as a revocable or family trust): a legal arrangement set up through a document called a trust instrument or a declaration of trust that gives someone called the trustee power to make decisions about the trust creator’s money or property held in the trust. Estate plan: a collection of documents that help organize what happens to you and your assets upon your disability and death. Your estate plan is comprised of documents such as a will, trust, and advance health care directive. If you want to learn more about these terms and estate planning in general, you are invited to attend a free one-hour estate planning education session on Aug. 22, 2024, at 10 a.m. or Oct. 21, 2024, at 11 a.m., hosted by Renown Health Foundation. Click here for more information and to register. 2.  Create a list of assets. Start by creating a list of your assets including real estate, investments, bank accounts, retirement accounts, business ownership interests, vehicles, life insurance, valuable personal property like jewelry or artwork, and any other significant assets. Click here and read our free estate planning guide. 3.  Put together a list of 2-3 people you trust. When you create your will, you need to name a personal representative who will collect all your assets, pay your debts, and work with the probate court to distribute the balance to the people and charities you name in your will. If you create a trust, you need to name a trustee to manage the trust assets under the terms of the trust document. It is a good idea to include at least two people who can take on these roles in case the first person becomes unavailable. If you do not have anyone you would trust as a personal representative or trustee, there are trust companies, banks, and other professionals and institutions who may be able to assist you. If you are the parent of a child who is under 18 or has a disability, you will also nominate a guardian in your will to care for that child if you and the other parent are gone.  4.  Start a list of who you would like to inherit your assets. Which people and organizations would you like to inherit the assets you own at the time of your passing? And which assets or how much would you like them to receive? You might want to consider who relies on you for support such as family members or charities, individuals and organizations that have made a difference in your life, or those you have a special fondness for. It is important to use the legal names of individuals you include as beneficiaries and the Tax ID number for any charity you include.  If you decide to make a gift to Renown as part of your will or estate plan and notify us, you will be included in the Renown Legacy Society. Legacy Society members enjoy invitations to exclusive events, special acknowledgments, and other unique benefits. Click here to learn more about the Renown Legacy Society. 5.  Put together a list of your professional advisors and enlist their help. Write down the names and contact details for any professional advisors you work with such as your accountant, financial advisor, investment manager, attorney, insurance agent, and planned giving officer.  You may want to seek their advice on how best to proceed and which assets are best gifted to which individuals and organizations from a tax standpoint. Collaboration among the professionals with whom you work can help your plan to run more smoothly when it is needed. Depending on your circumstances, it may make sense for you to introduce your trusted individuals to these professionals. 6.  Start drafting. Once you have these items in place, you will be in a good position to begin the drafting process. There are many capable estate planning attorneys in our community who can help you with drafting. There are other drafting resources available as well, but only a licensed attorney can provide you with legal advice. Click here to attend the free Family Estate Planning Series sponsored by Renown and presented by PBS Reno and the Community Foundation of Northern Nevada.

    Read More About How to Get Started and Make Updates to Your Will

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