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Should I make a Will?
When St. Francis of Assisi composed a rule for devout persons
living in the world, he laid down as one of the first duties
the early drawing of a Will. The Rule of the Third Order Secular
as approved by Pope Leo XIII states, "Let those who are
entitled to do so make a Will and Testament in due time."
Prologue
A Will is a sacred and extraordinary thing. It might even
be said that it bestows a degree of the eternal.
This may at first seem like a strange Christian obligation.
But a little thought will convince you that the prompt and
careful making of your Will, with the assistance of your lawyer,
is a wise measure of Christian prudence and often a duty.
When there is no Will, the machinery of the law takes over
and mandates how the estate shall be distributed. The judge
may be among the most kindly of persons, anxious to do everything
possible for the bereft family. But a judge must operate within
the framework of impersonal law. The result may be gross unfairness,
completely against the wishes of the decedent.
Thus, the ultimate distinction between having or not having
a Will is very simple. In essence, it is the individual as
opposed to an agency that writes the rules for the disposition
of property. So ask yourself: "Do I want to do it or
will the legislature do it for me?"
Pupose
of a Will
If you died without a Will, would the division by law be exactly
what you desire?
For example: what about the woman who died without a Will.
Deserted by her spouse early in marriage, she had worked for
30 years in a small business with her sister and brother.
She amassed considerable savings, but was killed instantly
in an automobile accident. Her spouse then reappeared and
under the law received her estate.
A boy, one of six children, stayed home over the years to
care for a widowed and ill mother. The mother died leaving
a substantial estate without a Will. This son received the
same share as all of the other children. If the mother made
a Will, would she have not treated this son justly?
In most states every person 18 years of age and over, who
is of sound mind and memory, has the power to devise and bequeath
by Will the property he has at the time of his death.
What
your gift to The Franciscan Friars of California can do
As Franciscans we are challenged to adapt ourselves to a rapidly
changing Church and world while remaining true to the spirit
of our founder, St. Francis of Assisi. Like the first Franciscans
we are called to be people of prayer, work and study. Your
gracious bequest will support the hundreds of ministries and
projects that we are presently engaged in and new programs
and ministries that will be part of your own living legacy.
As you prepare your Will you may wish to make your bequest
particular. Many persons choose to make a gift to program
and ministry with that with ongoing needs. Whether our Education
and Vocation Fund (St. Anthony's Bread): Which supports the
education of the newest members of the Franciscan Order or
the Mission: Our missionary efforts span the entire world
and extend as far away as Thailand to the Native American
nations of the Southwestern United States. Many people choose
to Care for elderly and infirm Franciscans: St. Francis tells
us that ". . . if any of the brothers shall fall ill,
wherever he may be, the other brothers should not leave him
behind, but . . . they can entrust that brother to some person
capable of taking care of him . . . " This fund is set
up so that "capable" people might help us care for
our elderly and infirmed brothers. Particular program: Bequests
may also be made by identifying a particular individual ministry
or program maintained by the Franciscan Friars of California!
How
do you make Will?
Your last Will and testament is an important matter. It should
be planned and prepared, with the advice and assistance of
your attorney, long before there is a thought of death or
disability, while physical and mental health are unimpaired.
In the United States a Will tends to be lengthy and complicated,
and it is often unwise even to draft one without expert legal
advice.
Competent sources also admonish that in order to keep up not
only with the changing circumstances of a person's family
circle and his property but also to keep abreast of the frequent
changes in the tax laws and thus to avoid unnecessary taxes,
it is advisable to have a Will regularly checked.
Before meeting with your attorney you should make a complete
list of everything you own--all of your real and personal
property, including cash, securities, jewelry, furs, automobile,
household goods, etc. Then list the names of members of your
immediate family, all heirs, charities, and anyone else you
wish to remember, and specify exactly what you would like
to bequeath to each.
Choose your executor with great care. She/he should be someone
you trust completely, who has some knowledge of business and
finance, and is permanently settled. Often it is a good idea
to name an alternative executor, and perhaps your attorney
as co-executor. In the interest of saving on estate costs,
you should consider waiving the executor's bond. All of this
can be worked out with your attorney, the method depending
on the size of the estate and other factors. In many cases,
naming a bank as executor is best. Banks don't die like people
do, and they are certainly versed in financial and business
matters.
The next thing to settle on is witnesses to your Will. The
number needed for a valid Will differs from state to state.
In Illinois, tow witnesses are required. The witnesses are
required. The witnesses selected should be in good health.
Well known by you, and of such standing in the community that
if a question ever arises on the validity of the will , their
character status could not be questioned. Witnesses should
not be named legatees in the Will. The final step is to contact
your attorney so that he may draw up the Will and advise you
regarding necessary details.
The
rest is up to you
Not infrequently, there is a natural resistance on the part
of all of us to the act of making our a Will. It is human
nature to resist making decisions that require moral courage.
However, one should have a positive attitude toward the making
of a Will. It cares for loved ones. It anticipates their requirements.
If well done, the Will may, for many years, benefit the family,
even descendants yet unborn.
A Will can also provide essential funding for the future of
charitable institutions that are close to you or your families
heart. For many non-profit charities this is their main source
of income and support.
Some people don't like to contemplate death. But, it is the
one thing we all know absolutely. As Christians, we should
always be prepared for our final end. Discounting spiritual
readiness as a foregone necessity, anyone who puts off making
a Will is certainly not prepared financially to die and is
being unfair to his loved ones and to God as well. Common
sense alone dictates making provision in life for proper and
equitable distribution of your wealth after death.
Don't burden your family with your own Christian obligations.
You must account for your own stewardship. Be prepared!
If you would like to receive more information on preparing
a will, e-mail
us.
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