Planned Giving

Free Services

Why is it good to have a will or trust?

A family hugging outside

The Wisconsin Lutheran High School Foundation has made it possible for our school families to receive a free will or trust planning service.

A will or trust—your estate plan—is a collection of documents that specify how you want your money and other assets distributed after the Lord has called you home, making it easier for your loved ones to handle your affairs during a stressful time.

  • You decide which family or friends will receive your assets. Otherwise the court can give assets to those you may not have intended to receive anything.
  • If you have minor children, it protects them from being placed in the wrong guardianship through a court decision.
  • It stops beneficiaries from overpaying in taxes. With just a little planning, you can reduce much or even all of your federal, state or inheritance taxes within your estate.
  • It eliminates the stress of making decisions from your family members, which can cause conflicts.
  • It allows you to continue to support ministries which are near and dear to your heart. If no will or trust, nothing will go to charity.

You can change your mind at any time should your circumstances change.

The Bottom Line:

Simply put, if you want your assets and your loved ones protected when you no longer can do it, you will need a will or a trust. Without one, your loved ones could face huge tax burdens and the courts could designate how your assets are divided, or even who gets your children. In other words, your intentions will not be carried out.

SURVEY

To get started on creating your will or trust, please fill out this short survey or contact Kris Metzger, Executive Director, WLHS Foundation, at kris.metzger@wlhs.org or 414.453.4567 for assistance (at no cost to you).

 

Wisconsin Lutheran High School: Free Services/Will Preparation Form




Do you currently have a will?
Did you know that if you have minor children (under age 18) and do not have a will, in the event of your death, the children's guardianship will be determined by the Court?
Are you currently satisfied with the provisions of your will?
Tax laws change from year to year. Does your will reflect those changes or have you taken advantage of the possible tax savings?
Does your will include the "Testament" portion (also called a Christian Preamble)? A Testament is a personal statement of faith in your will, which provides comfort to family and a final witness to unbelievers when read aloud.
If so desired, does your will contain charitable options that will allow you to give to charity while still amply providing for your family?
Would you like help in creating or updating your will with the assistance of a reliable and experienced Gift Planning Counselor?