Consider a Bequest     

From time to time we are asked the question,

       "How can I remember the church in my will?”          

This question is not easily answered since each individual’s estate plans differ due to the size of the estate and the donor’s intention and tax and legal issues. A legal and/or financial advisor may be needed to assist in estate planning, The following information may help you in understanding the options that exist and suggested language for remembering Unity Chapel of Light. When creating a legacy of love you have several options; they include a specific bequest, a residual bequest or a contingent bequest.

 

A Specific Bequest

You may decide to leave a specific dollar amount to Unity or a specific item of property. This can be accomplished using this type of wording in your will: “I give, devise, and bequeath to Unity Chapel of Light, 503 Northwest Avenue, Tallmadge Ohio 44278, the sum of $___________.” or I give, devise, and bequeath to Unity Chapel of Light, 503 Northwest Avenue, Tallmadge Ohio 44278, ___________ shares of XYZ Corporation” or I give, devise, and bequeath to Unity Chapel of Light, 503 Northwest Avenue, Tallmadge Ohio 44278, the real; property known as (street address, city state, zip code).”

A Residual Bequest

You can be sure to provide for your family and friends first but still leave something to Unity Chapel of Light by leaving us the balance of your estate after your other beneficiaries have received their gifts. The language for this kind of bequest might read as follows: I give, devise, and bequeath to Unity Chapel of Light, 503 Northwest Avenue, Tallmadge Ohio 44278, ___________ percent (or all) of the rest, residue, and remainder of my estate.”

A Contingent Bequest

You may wish to include Unity Chapel of Light only under certain circumstances. For instance, you may wish to name Unity as a beneficiary of your estate if certain named individuals do not survive you. The language for this kind of contingent bequest might be as follows: If any of my beneficiaries do not survive me, I give, devise, and bequeath the share that would be (his/hers/theirs) to Unity Chapel of Light, 503 Northwest Avenue, Tallmadge Ohio 44278.