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Give Through Your Will

Giving to Young Life through your will is the easiest way to continue reaching kids for Christ after your passing, and to remove highly taxable assets from your estate.

Example

John and Mary Smith have been involved with their local Young Life area for years. While they have regularly supported their local area with $50 a month, they have always desired to give larger gifts. After reviewing their financial situation, the Smiths decided the best way to give a larger gift was through their will. As they talked with their area director about this, they posed several questions:

• Can we specify how and where our gift is to be used?
  
  Yes. The Gift Planning department can provide you with sample language for your attorney to use to outline how and where your gift is to be used.
• Can we make a gift that will support the long-term needs of our local area?
  
  Yes. We can supply sample language that will allow the Young Life Foundation to manage these funds in a balanced portfolio that will ensure that the earnings of the fund are used to help meet the needs of your ministry area for years to come.
• Do I have to share with Young Life the value of the assets I am giving?
  
  No. As always, we respect the privacy of our donors.

Facts About Wills

• Without a will, the State will determine how your assets should be distributed. Many times this distribution will not be what you would have desired.
• Because laws are always changing, wills should be reviewed by an attorney every few years to ensure they remain in compliance with the laws of that state. Wills that are outdated may be completely overturned at the time of death and all assets may be distributed by the State.
• To add Young Life to your existing will can usually be done through a "codicil." This legal instrument generally allows for changes to a will without the cost or time of redrafting the entire document.