It’s a question that’s asked at the forefront of countless planning conversations. How much should I leave for my children when I go to be with the Lord? How much should I give to ministries close to my heart?
Many families use a helpful guideline in this very important decision; they simply add “a child named Charity” to their will or trust.
By this method, for example, if a couple had four children, each of the children would receive 1/5 of their estate. The remaining 1/5 would go toward their “child named Charity.” In other words, 20 percent of their belongings will be gifted to their favorite charitable causes.
In this manner, families accomplish the three most important objectives of any effective estate plan. First of all, they care for the long-term needs of their loved ones. Secondly, they provide critical funding for ministry, well beyond their lifetimes. Most importantly, they honor the Giver of all things by effectively stewarding the resources with which He has blessed them.
“A child named Charity” is just one of several ways that families choose to give to Guiding Light through their wills. What’s the right giving method for you? Request your free copy of “Leaving a Legacy: 3 Ways to Support Guiding Light in Your Will” for helpful ideas on how to incorporate charitable giving into your estate plan.
For more information contact Starla McDermott at (616) 451-0236 ext. 20 or via email at Starla@GuidingLightWorks.org.
THIS MEANS THAT ANYONE WHO BELONGS TO CHRIST HAS BECOME A NEW PERSON. THE OLD LIFE IS GONE; A NEW LIFE HAS BEGUN!
2 CORINTHIANS 5:17