Sun

A Gift in Your Will

 

We hope you'll consider including a gift to the Servants of Mary in your Will or trust. Called a charitable bequest, this type of gift offers you Ease, Flexibility, and Tax advantages

Ease. Just add a few sentences in your will or trust is all that is needed.  

1. Bequeath a specific dollar amount:

“I give, devise and bequeath $_____ to ORDER OF FRIAR SERVANTS OF MARY, USA PROVINCE, INC., an Illinois not-for-profit corporation located  in Chicago, Illinois.”

2. Bequeath a percentage of your estate:

“I give and bequeath ___% of all the rest, residue and remainder of my estate to ORDER OF FRIAR SERVANTS OF MARY, USA PROVINCE, INC., an Illinois not-for-profit corporation located in Chicago, Illinois."

3. Bequeath a balance or residue of your estate:

You can direct that a beneficiary receive all that remains in an estate after payment of funeral costs, debts, taxes, administrative and probate expenses, and specific and general bequests have been honored. 

Flexibility. Were you aware you can change your mind about your gift at any time? Since the gift is not awarded until after your lifetime, you can change your mind at any time.

Tax advantages.  Generally, the value of the estate gifted qualifies for an estate tax charitable deduction.

Bequest Notifications to The Servants of Mary.  Donors electing to provide a bequest to the Servants of Mary in their will or trust are encouraged to notify the Servants of Mary of their planned gift during their lifetime so that the organization can keep an accurate record of each donor’s intended bequest.

Contact Fr. Lawrence Choate with any questions about naming the Servants of Mary in your will or living trust. He’s always happy to help, without obligation.