More ways to Give
Legacy gifts include wills, bequests, charitable trusts, life insurance and retirement funds, real estate, other estate plans. The Mount Legacy Society members assist the Benedictine Sisters of Mount St. Scholastica to continue their presence and work for the people of God in Atchison and the surrounding area. Your gift assists in the care of the elderly sisters.
When making any estate planning decisions, your legal, financial and tax advisors can provide information on state and federal laws. It is important to work with advisors on estate planning.
Wills and Bequests:
These gifts provide an opportunity to share your good fortune and to leave your legacy by making a gift to your friends, family and Mount St. Scholastica.
Legal Language for Bequests for Unrestricted Bequests
I give, devise and bequest to Mount St. Scholastica, Atchison, Kansas (____ % of my estate OR the sum of $_____ OR the residue of my estate) under this will after the deductions of all debts, funeral expenses, and administration expenses, but before the deduction of any death, inheritance or estate taxes, it being my intention to exonerate this bequest from contributing to the payment of any such taxes.
Legal Language for Bequests for Restricted Bequests
I give, devise and bequest to Mount St. Scholastica, Atchison, Kansas (____ % of my estate OR the sum of $_____ OR the residue of my estate) with the instruction that these funds be used for ________________________________ provided however, that should changing circumstances render this use of funds no longer practical or desirable, the sisters of Mount St. Scholastica may make such changes in their use as it deems advisable.
Life Insurance and Retirement Plan Assets:
Gifts of life insurance policies and retirement plan assets can provide significant tax advantages for you and your family either during your life time or following your death. A change in the name of the beneficiary can be made through your insurance company.
Gifts from trusts can be made by naming Mount St. Scholastica along with your other beneficiaries to receive assets from your trust. There are many types of trust agreements and a financial planner can guide you to set up the one that best fits your goals and needs. Your estate may receive significant tax benefits from a gift to the Mount.
A gift of real estate can be donated to Mount St. Scholastica in various ways. You can make an outright gift or a gift in your will or living trust.
Gift of Stock or Mutual Funds:
Shares of stock or mutual fund bonds can be donated to the sisters through your estate plan.
Benedictine SistersMount St. Scholastica801 S. 8th St.Atchison, KS, 66002
Tax ID: 48-0548363
In gratitude for your help, we pray for our benefactors daily and offer our Wednesday Eucharist every week for your needs. The names of all our donors will be listed in our annual report, unless otherwise notified.
Sister Mary Agnes Patterson, OSB at 913-360-6215 or firstname.lastname@example.org.