Sad but true. Many legacy donors simply don’t want to see their hard-earned money going to their relatives.
Top reasons why?
1- Because they think they’ll “blow it all”!
2- Because they’ll waste it.
3- Because they won’t appreciate it.
4- Because they simply don’t deserve it!
Here are three quotes from real donors found in AFP’s 2008 report on bequest giving:
‘When (my mother) died she gave the money to the five of us kids and I watched two of my siblings just rip through the money, it was just an unbelievable waste and I thought, I don’t have any kids and I had originally had my will going to my siblings and then I thought – why?? They’d do the same thing with my hard earned money.’
‘I’d reached a point where I said.. you know what … I’m happy to leave them something but I worked damm hard for all this and I just kind of, it sounds petty, but I don’t want to necessarily make it easy for them when they have often made choices to work a lot less hard than I have…’
‘My fiancé is very aligned with me in the sense of not wanting … wanting to give a gift to family, but not wanting to give them everything and make it too easy’
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