For additional information, contact our Business Office during normal business hours.
How a Will can leave a Legacy
The need for a will has little to do with the size of one’s estate and much more to do with each person’s unique goals. For example, you need a will if: you care for dependent children or elders; you want to leave a bequest to a special friend, distant relative, or favorite charity; or simply because you do not wish to leave the planning of final affairs to the court system.
Planning is Important
Making a will is an essential process in life planning, requiring careful deliberation and reflection about what has been most important over a lifetime. Wills are as varied as the values of the people who make them. However, effective estate planning is often based on three fundamentals: the financial needs of immediate family are cared for first; planning for heirs comes second; and everything else comes third. In planning your will, you could set aside a certain percentage for charity or leave a favorite cause the share of one heir.
Wills are not just for the wealthy
Many leading institutions have been built not only by the wealthy, but by thousands of regular folks. In fact, it might be said that most people can only make their ultimate charitable gifts at the end of their lifetimes. Changing tax laws offer new opportunities for our donors to benefit their families through charitable planned giving, which may result in tax savings of income, inheritance or estate taxes. A bequest may be directed to a special charitable endowment fund where only the earnings from the gift are used each year and the principal will grow are to ensure children in the future receive the same life-changing services. You will have the enormous satisfaction of knowing your values will be expressed in perpetuity by providing ongoing support to a cherished cause.
*Description of Zembo Shrine Funds
The “Zembo Building Fund” was established for the preservation and upkeep of our beautiful structure. The “Zembo Transportation Fund” was established to help our Shepherds Unit provide transportation assistance to the Central PA patients of the Shriners Hospitals for Children who are in need of transport from the Zembo jurisdiction to their Shriners hospital appointments. If you would like to have the bequest go to Zembo’s general fund, allocated for special projects and general expenses, please make the bequest to “Zembo Shrine”.
Suggested forms of Bequests
I give and bequeath to Zembo Shrine the sum of $___________ for the use and benefit of the Zembo Shrine.
Bequest of Residue
I give, bequeath and devise all of the rest , residue and remainder of my estate, whether real or personal, and wherever situated, of which I may die possessed, to Zembo Shrine for the use and benefit of the Zembo Shrine (named) Fund maintained by said organization.
Bequests to a Specific Fund
I give and bequeath to Zembo Shrine for the use and benefit of its Zembo Shrine (named*) Fund.
Devise of Real Estate
I give and devise to Zembo Shrine all that certain parcel of real property described as hereinafter set forth; (here describe the real property).
Designation of Beneficiary for Life Insurance Policies, or Pension Plans. (IRA, Retirement Savings Plans, etc.) (to be furnished to the insurance company, or the plan administrator, on their form.)
I hereby designate Zembo Shrine irrevocable beneficiary of Policy No. __________________ or ________________ Plan.