Is It Your Will − Or Someone Else’s?
All your life you’ve made the decisions about how your assets will be used – about how you’ll provide for yourself, for your family, and for the charitable organizations you believe in. But will you be able to retain that same control over your legacies – over those things you will leave behind? You can, if you have an up-to-date, well planned last will and testament.
With a will, you can:
- Provide for each of your loved ones as you judge their needs;
- Choose caring, responsible guardians for your minor children;
- Make special arrangements, such as a trust, for a loved one who will need extra care;
- Choose the people who will administer your estate; and
- Make gifts to the charitable organizations that have meant the most to you during your life.
Without a valid will, you put every one of these decisions in the hands of others, including administrators appointed by the court.
We know, we know: you don’t want to think that far into the future. And planning can be a chore. But you’ll gain peace of mind and reassurance when the job is done, and your family will breathe easier, too, knowing that you’ve worked out a financial plan for their future.
And yes, we’ll be grateful, too. Every future bequest that we can count on builds our long-term financial strength, and helps us plan with more confidence.
It’s easy to do – here’s our suggested language for a bequest that will benefit us:
“I give $______ or: ___ percent of the residue of my estate] to Joy Junction a non-profit corporation located in Albuquerque, New Mexico, for its general purposes.”
We’d be happy to help you get started: Call Joe Krall, Joy Junction’s chief financial officer, at (505) 217-9586 for more information
This article is intended to provide general gift planning information. Our organization is not qualified to provide specific legal, tax or investment advice, and this publication should not be looked to or relied upon as a source for such advice. Consult with your own legal and financial advisors before making any gift.
Copyright © 2008, Joy Junction, Inc. All Rights Reserved.