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Children's Village is a Christian children's home that shares God's love and strengthesns our community by providing healing and hope for neglected and abused boys and girls.

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Leaving A Legacy

Most of us spend a lot of time planning our future.  But more than half of us have not taken time to plan for what happens to our assets after our lifetime.

What would happen if you died tomorrow?  Would your spouse inherit all of your property? Would your financial and personal valuables be divided the way you would choose?  What church, charity, or non-profit organization would receive a final gift?

Without a will, the state courts decide these questions for you.

There must be powerful reasons to avoid a will because so many people die without one.  Just in case you happen to be one of the seven out of ten who will depart without a will, here are five reasons to buttress your position.

  1. The court can do a better job deciding how to disburse your assets than you can.
  2. The court can choose a better personal representative to handle your estate during probate than you can.
  3. The court can choose a more caring guardian for your minor children than you can.
  4. The government will use your estate tax dollars more efficiently than your favorite charity would use a charitable bequest.
  5. Your grieving loved ones will be better off looking after your affairs without your will.

Powerful reasons? Hardly.  Nonetheless, people unwittingly affirm these reasons year after year as they continue to put off the minor inconvenience of making a will.

All of us want to know that our life has counted, that the world is different, somehow, because we existed.

A will is not just for the wealthy.  We all need to leave a last statement of what is important to us, our last testament.  At minimum, your plan should consist of:

  1. A basic will, properly executed and witnessed, instructions for passing your estate on to your heirs;
  2. A durable power of attorney, for an agent in financial matters if you become unable to manage your own affairs;
  3. A healthy care proxy, an agent who can generally make health care decisions for you if you are unable to make them yourself.

Another mistake is to make a will and assume it is done – for a lifetime.  It is important to review you plan every few years and adjust for the changes in your life.

You should plan your estate regardless of size.  You have the opportunity to be significant, to make a difference, no matter what assets you leave behind.

Leave a legacy that reflects your beliefs and values.  Of course, you should take care of your family first and foremost.  But, a gift included in your estate, a gift of any size, also says something about how you view yourself and how you want to be remembered.

The disposition of your estate is the final statement you choose to make about your life and caring for the disposition of your assets is just too important to delay.

Perhaps you would like to learn more about wills.  For printed information on making your will, click here to print off a form to complete and mail to us.

Always consult a qualified professional or attorney about writing your will.

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