Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures. Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified.
Below is suggested language to use when drafting your bequest.
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The following language is an example of how a bequest to benefit the ELCA may be worded:
I give, devise and bequeath to the Endowment Fund of the ELCA, dba ELCA Foundation a qualified 501(c)(3) charitable organization located in Chicago, IL,Tax ID: 36-3914755, _____ percent of my residual estate for the benefit of the _______________ Distribution Agreement OR _______________ Named Endowment.”
Please contact your regional gift planner for more information and to discuss your plans for directing your generosity where you feel it will do the most good.