Your Estate Planning Record



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Transcription:

Your Estate Planning Record Office of Philanthropy and Stewardship United Church of Christ Thank you for your support of the United Church of Christ through Our Church s Wider Mission. Your gifts have been instrumental in the production of this resource! Please see the insert on the inside back cover for suggested bequest language to benefit UCC entities. 1/14

Date Full Personal and Family Information Maiden City State Zip Telephone E-mail Date of Birth Social Security Number Fax Location of Birth Certificate Employer Veteran? o Yes o No Service Number VA Number Any Disability o Yes o No Explain Marital Status Years Married of Spouse/Partner Date of Birth Social Security Number Prior Marriages Nearest Relatives: List in order: (1) Children, (2) Grandchildren, (3) Brothers and/or Sisters, (4) Parents Full name Age 3

An Inventory of your Estate What do you have to Will? 1. Personal Property A. Household furnishings and furniture, artworks, books, musical instruments, automobiles, jewelry, etc. List items for special consideration individually. Other items may be grouped. Item If jointly held, with whom? Value Total approximate value $ B. Cash (checking accounts, savings accounts, CDs, etc.) Bank Value If jointly held, with whom? Total $ C. Stocks, Bonds (government or other), Mutual Funds, etc. Company Cost basis Present value 4 If jointly held, with whom? Total $

D. Money held in mortgages, personal loans, etc. Item Amount If jointly held, with whom? Total $ E. IRAs Institution name Amount If jointly held, with whom? Total $ F. Pension Plans Institution name Amount Total $ G. Deferred Compensation Institution name Amount Total $ H. Annuities Institution name Amount If jointly held, with whom? Total $ 5

2. Real Property (real estate, buildings, land, etc.) Description of Property Location Value If jointly held, with whom? Total Approximate Value $ 3. Insurance (personal and group life policies, etc.) If the beneficiary of any of your life insurance policies should precede you in death, leaving no other beneficiary, the insurance would be payable to your estate and therefore should be covered by your Will. Company Type of policy Beneficiary Amount Total Amount $ 4. Business Interests, Partnerships, etc. Type Value If jointly held, with whom? Total Approximate Value $ 6 Total of all Assets $

5. Approximate Debts and Mortages against your Estate To whom owed Amount Total Indebtedness $ Determine Net Estate Value Total Assets $ Minus Total Indebtedness - $ Net Estate Value $ Life Income Arrangements Do you possess any of the following? If yes, describe. Charitable Trusts o Yes o No With whom? Testamentary Trusts o Yes o No With whom? Charitable Gift Annuities o Yes o No With whom? Pooled funds o Yes o No With whom? Living Trusts o Yes o No With whom? Revocable Trusts o Yes o No With whom? 7

Distribution of Your Estate To whom do you want to leave your property? You do not need to describe every item of your personal or real property in your Will. Only if there is some specific item or piece of land that you want to go to a certain individual do you list it. And if you wish to name a specific sum of money or percentage of your estate to a person or organization, state the amount or percentage and the name. Specific Bequests: Person or organization Item, property or money After the specific bequests, if any, the easiest way to divide the remainder of your estate is by percentages. the persons or organizations you wish to remember, then state what percent of the total remaining amount of your estate each is to receive. Person or organization Percentage Your Executor An Executor is one who is appointed by you to carry out the terms of your Will. If you do not name an Executor in your Will, the court will appoint an administrator. He or she may not be the one you would have appointed, so exercise the right to name the person of your choice. Executor o With bond o Without Bond Alternate Executor o With bond o Without Bond Corporate Executor o With bond o Without Bond PLEASE NOTE that your Executor may need access to usernames and passwords for online accounts for banks, credit cards, etc. This list should be on paper, not computer, and kept in a secure place accessible to a trusted person. 8

Care for your children their Guardian If you have minor children, you should name a Guardian for them in your Will. This person will have charge of the children and the property you have willed to them. You can narrow this service by having a Guardian to only care for the children, and a separate Executor or Trustee for their estate. This Executor will hold the property and expend it as your Will directs. of Guardian Alternate Guardian of Trustee Alternate Trustee My Professional Advisors My Minister My Attorney My Insurance Agent My Accountant My Banker or Trust Officer My Stockbroker My tax records are located My safe deposit box is located My Will is located 9

Funeral Instructions Arrangements to be made by (name of funeral home) Telephone Instruction for manner of burial or cremation Cemetery Telephone Type of funeral service I prefer I direct that my body be used for these medical purposes: Please suggest memorial gifts to the following: Organization Organization Organization Organization 10

Charitable Interests Things you may wish to consider You may wish to remember a number of religious or charitable interests as part of your estate planning process. Some of these might include: UCC-related interests: My congregation My UCC conference (including camps and youth ministries) UCC national ministries (see inside back cover insert for more specific details) UCC seminaries UCC health and human service agencies UCC colleges and universities Ecumenical church-related interests Other charitable interests For more information about including a gift to the church as part of your estate plan, contact: Office of Philanthropy and Stewardship United Church of Christ 700 Prospect Ave. E Cleveland, OH 44115 Phone: (800) 846-6822 Fax: (216) 736-2297 E-mail: giving @ucc.org Website: www.ucc.org/giving To access a PDF of this booklet: www.ucc.org/estate Additional hard copies $1.50 each, Item # CD-850. Order from UCC Resources, 800-537-3394. 11

Notes