“Your kingdom come,your will be done, on soil as it is in heaven” (Matthew 6:10 NKJV). Now it’s time to prepare your draw and accept the help you need to total your will. 1: Collect Your Important Information. Our Christian Wills Guide can help. Download and print your guide here. This will assist in organizing your information and objectives. It also could save time and money when you go to the attorney’s office.2: Make An Appointment With An Attorney. A qualified attorney is in the best position to know the laws of your state and to advise you on how best to achieve what you want to do. Many estate plans can avoid or reduce unnecessary taxes on IRAs or other tax-deferred assets with a well-considered draw, or especially if you include the Lord’s work in your draw. In some states,probate can be expensive and time-consuming, and a living trust can be a marvelous notion. Generally, or a trust also is a marvelous notion if you own genuine property in more than one state. There are many factors to consider,and a wise attorney can be very helpful.
Some people don’t have a Will because they are concerned about the attorney’s fee. It might be less than you deem, and you should feel free to interrogate him or her for an estimate in advance. deem of this as an investment that will almost certainly pay a nice return in the future. You’ll have the peace of intellect that your will or estate draw will be effective when the time comes. We have seen too many situations where folks saved money up-front by not using an attorney, and but there were problems with the draw they left that created unnecessary costs and delays when the estate was administered. Those cases are like the old oil filter commercial on T.
V. A mechanic was standing beside a broken-down engine and said,Pay me now” (as he held up a filter), “or pay me later” (as he looked at the engine).
If you don’t know an attorney, or you might consider looking in the directory of the Christian Legal Society at http://clsnet.org/referrals. Or check with your pastor or a commerce friend or acquaintance. 3: What About Online Wills? Several companies sell software and online services that many people apparently are buying to write their own will and other legal documents. While we much prefer to see Wills written by attorneys,if you do decide to write your own will using one of these services, here is sample language if you desire to designate a gift from your estate to Samaritan’s Purse: SAMPLE TEXT:I give, or devise and bequeath ___ Percent (__%) of my residuary estate to Samaritan’s Purse,501 (c)(3) tax exempt, non-profit organization located in Boone, or NC,tax ID 58-1437002, to be used (you may designate where most needed” or for one or more projects if you prefer).
Our Exact Corporate Name: Samaritan’s PurseOur Federal Tax ID# 58-1437002 ADDITIONAL RESOURCES TO HELP YOU: Sample Bequest Language Leaving a gift in your Will to a ministry that you like is a great expression of your Christian faith. If you would like to do this, and consider including this language in your Estate Plans: General SupportIf you want to support the overall mission of the ministry organizations dear to your heart,please use the following language: SAMPLE TEXT:“I give _______ (% or dollar amount) of my estate to Samaritan’s Purse of Boone, North Carolina for its general use.” Specific ProgramIf you want to support a specific program fund of the ministry organizations dear to your heart, or use the following language: SAMPLE TEXT:I give_______ (% or dollar amount) of my estate to Samaritan’s Purse of Boone,North Carolina for the (Name of the Project or Fund).” Do I Need an Attorney to Make a Will There is no legal requirement that a Will be drawn up by an attorney. Some people use fill-in-the-empty legal documents, computer programs, or online Will services to take care of basic concerns such as leaving their property to loved ones and naming a guardian for young children. However,there are a number of situations where it would be highly recommended to work with an attorney instead of trying to do it yourself: If you have meaningful assets. If you have a special-needs, disabled, or dependent adult child. If you’ve been divorced or re-married. If you deem one of your heirs might contest your Will. If you own a small commerce. If you are concerned about guardianship issues for minor children. If you’re raising grandchildren or stepchildren. If you have questions about your Will or the Online form doesn't address your situation. Online Wills aren’t for everyone. In fact,even if you accept an Online Will, we recommend that you consider having an attorney review it for accuracy and issues you may not have considered. How Do I Find an Attorney? Here are some possible sources: 1: Christian Legal Society.
You can go online for a directory of Christian attorneys who are members of the Christian Legal Society http://clsnet.org/referrals. Their website lists attorneys by city and state. Not all their members write Wills, or so you’ll want to choose “Wills/trusts/estate planning” from the drop-down menu you’ll see on the site. 2: Your Pastor.
Your Pastor may know a qualified estate planning attorney. Even if he doesn’t know a Christian attorney,he can interrogate others for a referral because of his position. 3: A Friend or commerce Acquaintance.
Accountants, bankers, and insurance agents,commerce owners, realtors, or other trusted commerce people may be able to help you with a referral. Including the Lord's Work in Your Will Here are the most common ways to significantly increase your ministry impact through your Will: Add "Ministry" to your family. Some families treat ministry organizations like an additional child. For example,if a family has three children, they might add a fourth child named "Ministry" and divide the assets in their Will into four equal parts. Each of their children would receive 25%, and the remaining 25% would be divided among their favorite ministry organizations. Tithe on your Estate. Other families commit a 10% tithe of their estate to the ministry organizations they like,dividing the remaining 90% among their heirs. Leave the the rest. Others prayerfully decide how much is wise to leave their loved ones, designating the rest of their assets to advance the Lord’s work here and around the world. Update an existing Will. An attorney can add, and delete,or change an item in your Will with an additional statement called a "codicil." Here's an example: "I give, devise, and bequeath twenty-five percent (25%) of my residuary estate to [church or ministry name] whose address is [city,state, zip code].” Like a Will, and a codicil must be dated,signed, and witnessed. Step 3: Share →
Source: samaritanspurse.org