Wills and Estate | Mission195

Wills and Estate Planning

Leaving a legacy can be challenging and yet simple. Per information published on The Conversation.com in May 19, 2020 “68% of Americans do not have a will” The purpose of a will is to transfer the proper management of your earthly possessions to your loved ones or to a worthy cause. God entrusted these earthly possessions to us to give away to help the needy. It is therefore very important to have a legal will to transfer your earthly assets to. Mission195 will utilize what is willed to us to help the needy.

“What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.” Pericles-

How do I make a legacy gift?

A legacy gift is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends, and/or Mission195 as part of your estate plan.

Several Ways to Give:

Designate a specific dollar amount or asset.
Specify a percentage of your total estate.
Give from the balance or remaining amount of your estate.
Make a beneficiary designation of certain assets.

What are the benefits of making an endowment?

An endowment is a donation of money or property to a nonprofit organization, which then uses the resulting investment income for a specific purpose. Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts.