Naming newman in your will or trust

Naming Newman Hall - Holy Spirit Parish in your will or trust is the most traditional and secure way of ensuring that your legacy to the parish is accomplished.

You can give almost any kind of asset through a bequest, including cash, stocks, bonds, and other securities, an interest in any real estate, home or residence, the remainder of your IRA/Keogh/pension, tax-sheltered annuities, or any qualified pension or profit-sharing plan, in addition to any form of material personal property of value (vehicles, artwork, jewelry, for example)

There are three types of bequests you may consider:

• the specific bequest of a named dollar amount from your estate and/or a specific financial asset such as stocks or bonds

• a residual or percentage bequest, leaving to Newman the remainder of your estate after other named heirs have received their portion you have designated or a specific percentage of your total estate

or

• a contingent bequest, naming Newman in the event any of your named heirs are deceased at the time of your passing

And you may likewise consider making your bequest "unrestricted"--for Newman's general uses and purposes--or "restricted" to a specific use or purpose or mission that you name.  (If you are considering restricting your bequest, please contact us so we can ensure your needs can be met.) 

Your estate planning lawyer can advise you as to the appropriate language to be used for each of these bequests.  And if do make a bequest to Newman, please do let our business manager Ana Perez-Guimaraes that you have named Newman Hall - Holy Spirit Parish in your estate so we can make sure your wishes are carried out.