Planned Giving

 

Share Your Blessings

 

Your Will is one of the most important documents you will ever create.

Who should have a Will?  Every adult should have a carefully planned Will.

Why should you have a Will?  A Will can distribute your property, name an executor to wrap up your estate, name guardians for children, forgive debts and more.  In fact, you should have a Will even if you have other planning arrangements in place.

What is a Will?  A valid Will is a legal binding document that can help guarantee that your objectives will be met and your legacy will be honored upon your death. Without a Will, state laws will dictate how your assets are divided and distributed in a court of law.

How can you set up a Will?  A Will is a document written and executed in accordance with state law. It is strongly recommended that you use a competent attorney licensed in the state where you reside.

When you set up a Will you are able to:

 

  • Distribute assets accumulated during your lifetime.
  • Contribute to the financial security of your heirs and beneficiaries.
  • Maximize the assets your beneficiaries will receive.
  • Support your favorite charities.
  • Minimize taxes your estate might owe.

An excellent way for you to support our mission is to make the Missionary Oblates of Mary Immaculate a beneficiary in your Will.

Your gift will be greatly appreciated and will help us bring Christ’s loving presence to those in need.

 

  • By making a bequest gift you can continue to use the property you plan to leave to charity during your life.
  • Another benefit is that you are able to leave a lasting legacy.
  • A bequest is generally a revocable gift, which means it can be changed or modified at any time.
  • You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used exactly as you intend.

Your attorney can help you include a bequest to the Missionary Oblates in your Will. Contact us and we can provide you with some basic bequest language to assist you and your attorney.  Please call the Office of Charitable and Planned Giving at 1-800-233-6264.

Our mailing address is:

Missionary Oblates of Mary Immaculate
Office of Charitable and Planned Giving
9480 North De Mazenod Drive
Belleville, Illinois 62223-1160
Email: charitablegifts@oblatesusa.org

Our Legal Title: Oblate Missionary Society, Inc.
Our Federal Tax ID: 26-0634043

To receive a free booklet about the benefits of creating a Will, contact us for “Share Your Blessings – A Guide for preparing your Will”. 

For a more thorough guide to help you plan all aspects of your estate, contact us for “Share Your Blessings –Will and Trust Planning Workbook”.



There are several types of bequests used to benefit charities such as the Missionary Oblates of Mary Immaculate.

Specific Bequest: Involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to the Oblate Missionary Society, Inc.

Percentage Bequest: Involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to the Oblate Missionary Society, Inc.

Residual Bequest: Is made from the balance of an estate after the Will or Trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the rest and residue of your estate to the Oblate Missionary Society, Inc.

Contingent Bequest: Is made to a charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to the Oblate Missionary Society, Inc.

IRS Circular 230 Notice

You are advised to seek your own legal and tax advice in connection with gift and planning matters.  The Missionary Oblates of Mary Immaculate do not provide legal or tax advice.  This communication is not intended or written to be used, and cannot be used, for the purpose of avoiding tax-related penalties.