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REASON TO REMEMBER SHRINE IN A WILLThe shrine has been blessed by friends who have remembered the Shrine in their wills. This has resulted in our having a healthy security for the future. If you recognize the values which the shrine represents in terms of our work of preaching. since we have seven preached novenas each year. And if you feel that the services of hospital chaplain, since 6 men are engaged in that work full time. And if you feel that the work of a seminary and the foreign missions are a cause that you would like your estate to help to continue into the future, then you might be inclined to share something of your estate with the Dominican Shrine of St. Jude. We are willing to share our experience with you and we assure you that your inquiries will have complete privacy in accord with your wishes. Please call us at 212-249-6067, or go to our Request Form. |
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The Shrine of St. Jude offers two publications about important information you should know concerning wills and your estate. Below are two excerpts. To request these publications or to find out more on how your donations help all the work we do at the Shrine of St. Jude feel free to call us at 212-249-6067, or go to our Request Form.
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Giving away property while you're alive is very different from other probate-avoidance strategies, which all involve leaving things to people at your death. Making gifts help you avoid probate for a very simple reason; if you don't own it when you die, it doesn't have to go through probate. That lowers probate costs because, as a general rule, the higher the monetary value of the assets that go through probate, the higher the expense. All you need to make a gift is a check book: no fancy documents (or legal fees) are required. But if you're feeling especially generous, you should know that if you make gifts of more than $10,000 per reipients in a calendar year, you could be liable for federal gift tax. |
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What happens if you die without a will? Abraham Lincoln did it. Pablo Picasso did it. So did Howard Hughes. All these famous people died without a valid will leaving relatives and lawyers to wrestle over their estates. Well, they were busy. What's your excuse? Most people without wills simply haven't gotten around to the task; its not something that many of us happily put on the top of our "to do" lists. The truth, unfortunately is that what happens under state law is very unlikely to match up with your wishes. The Shrine of St. Jude is willing to share its experience with you. |