It’s not a coincidence that the type of planned gift most commonly used is also one of the simplest to set up – a bequest in one’s will. Most people have a will. It was most likely prepared upon the birth of a child or some other significant life event. A will is the place where one makes plans for property and family after death. It is also a way to continue to provide for organizations that one supports throughout one's lifetime.
Many of us want to continue support of our favorite organizations but
are uncertain as to our own future financial needs. That is why a
gift through a will is the most popular planned gift. Through
your will, you retain full use of all of your property throughout your
lifetime and, with your attorney’s assistance, can provide for your
family along with any charitable gifts you wish to make. You also
retain the right to change your mind.
There are a number of ways to provide for a charitable gift in a will.
The gift can be for a stated amount, for specific property or for a
specific percentage of your estate. Your attorney will advise you
of the different approaches and what might work best for you.
Recommended wording for making a restricted or an unrestricted bequest
to Canterbury can be found here. Click
here for additional information on bequests.
For additional information or a free bequest kit, please contact the Director of Development,
Myrna Morgan at 260-436-8786 or mmorgan@canterburyschool.org.
