To view this message on the web please click here. Planned Giving Newsletter November 2016 Do you have questions about estate planning? Planned giving? Your will? Each month, we feature new articles and interactive features. We also ...


To view this message on the web please click here.
Planned Giving Newsletter

November 2016

Do you have questions about estate planning? Planned giving? Your will? Each month, we feature new articles and interactive features. We also share news about the charitable endowments under the umbrella of Hindu Heritage Endowment.

monastic endowment

The Kauai Aadheenam Monastic Endowment, fund #1, provides for the regular monthly living expenses of the monastics. Monastic living expenses covered include regular monthly expenses for food, utilities, medical, personal items, automobile expenses including insurance, minor maintenance and equipment repair, housekeeping supplies, birds and animal care. This endowment also supports special items such as monastic travel, study courses, beginning training of young monks and bulk orders of clothing. Read more..."


Why Have a Will?

Regardless of your life circumstances or estate size, your will is perhaps the most important document you will create. It expresses your values and also effectively provides for the people and charitable causes important to you. If you’ve been putting it off, here are eight important reminders why you need a will.

  1. Without a will, your state’s laws – not you – determine how, when and to whom your property is distributed.
  2. You can reduce (or maybe even eliminate) future estate taxes.
  3. You can name your executor (a person, bank or trust company you choose to personally represent you) to manage and settle your estate.
  4. You can designate beneficiaries for items such as heirlooms, art, jewelry or real estate.
  5. You may create trusts to provide for your spouse, children and others.
  6. Through a “pour-over” will, you can transfer leftover assets to your living trust.
  7. You can support Hindu Heritage Endowment through a gift in your will, which is simple, flexible and revocable at any time.
  8. You can designate the guardian for dependents under your care.

We can help provide gift planning information to you and your professional advisors at no cost or obligation. Simply contact Hindu Heritage Endowment at 1-808-822-3012 x 6 or hhe@hindu.org.

To learn more about the importance of your will, visit our website at http://plannedgiving.hheonline.org/wills-and-living-trusts.

Important Reminder

If you already have a will, make sure it’s up-to-date. Life changes such as grown kids; births, deaths or marriages; increased estate value; or a move to another state should be a trigger to meet with your estate planning attorney to review your will.

Step by Step: How to Create Your Will

  • List all of your major assets.
  • Decide which individuals or organizations you want to receive specific possessions or a share of your assets.
  • Contact an attorney who specializes in estate planning.
  • Determine who will be your executor.
  • Have your attorney draft your will.
  • Sign and date it before witnesses. (In some states, it must be notarized to be valid.)
  • Keep it in a safe place and make sure others know where it is and have access to it.
© The Stelter Company: The information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.
Medical Fund

Kauai Aadheenam Monastic Endowment

Supports Kauai Aadheenam's monastics

donate

Planned Giving Guidance

Three Types of Fund Raising: Annual, Major & Planned

Toolkit

Family Life at Udayan Care

This eight minute film introduces the Udayan Care ghars, homes for displaced children in India

Toolkit

Estate Planning Toolkit

Download our toolkit to help with your estate and gift planning preparation. The Toolkit can help you save money in attorney's fees. New: Toolkit for Canadians now available.

Toolkit

Essentials of Financial & Estate Planning

In this animated short video we explain some basic essentials of financial & estate planning

Toolkit

What is an Endowment?

This 101 second animated video explains the three types of endowments

      
 



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