A guide to making your Will
" and do not forget to do good and share with others"
Hebrews 13:16
Every person needs a Will.
After making provision for your loved ones, you may wish to leave some of your estate to the Permanent Funds of the LLL.In this way you can be sure that your gift to the LLL will still be helping, sharing and extending the kingdom of God long after you have passed away.
The LLL has produced a brochure called "Lasting Legacies" to assist people in the preparation of their Will.
Following are some points to remember when making your Will:
- Your Will should make fair provision for your immediate family. This will help to avoid future legal challanges.
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Keep your Will flexible by allowing for future events.
- You should recognise that one or more of your beneficiaries may
die before you or at the same time. Make sure that a final beneficiary
is named to receive the residue of your estate.
- Provide for the effects of inflation. The value of amounts you nominate today will change over time. Use portions (eg 1/8, 1/2, 1/4 etc) or percentages (10%, 20%, 50% etc) in distributing your property and money and this will overcome the effects of inflation.
- You should recognise that one or more of your beneficiaries may
die before you or at the same time. Make sure that a final beneficiary
is named to receive the residue of your estate.
- As a Christian, remember that everything you have comes from God. Your Will is a final way of showing your love and thanks to Him for all the blessings you have been given in your lifetime. Consider a Christian preamble to your Will.
- In thanks to God consider naming the Permanent Funds of the LLL as a beneficiary in your Will. These funds provide valuable help to the Church in its mission and ministry.
To leave a legacy or bequest to the LLL
Use the following wording in your Will:
I give to The Lutheran Laypeople’s League of Australia Incorporated, of 175 Archer Street, North Adelaide, South Australia, #.........................(here insert your bequest or legacy) to be used by the League in support of the mission and ministry of the Lutheran Church of Australia through the _______________(here insert a specific permanent fund, if you so choose, otherwise simply state ‘permanent funds’) of the League.
# This can either be an amount of money, a percentage or portion of your estate, a property or some other specific item/s.
To print a copy of the Lasting Legacies brochure click here (0.4 Mb)
*Please note that to view the links above, the Adobe Acrobat plugin needs to be installed.
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