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Support Us > Wills
& Bequests
Wills
What do you want your will to accomplish? Security
for a surviving spouse? A comfortable future for your
children? Financial support for Christ's work here at
home and around the world?
Please remember Russian Missions in your will. It would
be a special way of thanking God for His blessings and
sharing them with others-even after you are gone.
Knowing your intentions will be carried out is reason
enough to have a will, but several other important goals
can also be accomplished with a carefully drafted will.
Bequests
There are various types of bequests (descriptive provisions)
you may choose in your will.
A general bequest is used to give a stated sum of money
to any beneficiary, either in a lump sum or in installments.
A specific bequest is used to make a specific gift
of property to a beneficiary. For example, "I bequeath
my plate collection to my daughter, Terry."
A residual bequest is used to give all of the remainder
of your property (the residue) to a beneficiary after
all debts, expenses, and taxes have been paid and all
general and specific bequests have been satisfied.
The outright charitable bequest is a popular method
of making a gift-large or small. Outright charitable
bequests may be cash or any type of property, including
stocks, bonds, or real estate property.
The percentage bequest may also take the form of a
percentage of the estate. It protects your intended
beneficiaries against possible shrinkage of the estate's
value.
When drafting your will or adding a codicil to your
existing will, you and your attorney may find the following
sample wording helpful:
"I give, devise, and bequeath ____ percent
(_%) of my residuary estates (or the sum of _____
dollars ($____) to the Russian Missions, who have
offices in Churchville, PA. This bequest shall be
used to fund the total ministry of Russian Missions."
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