Sample Language for Your Will
Unrestricted Gift
“I hereby give to Horizon International, Inc., an Indiana nonprofit corporation with its principal offices at 350 JH Walker Drive, Pendleton, IN 46064, (the sum of $_______) or (_______% of the residue of my estate) to be used for its general purposes.”
Continued Support for Child Sponsorship
“I hereby give to Horizon International, Inc., an Indiana nonprofit corporation with its principal offices at 350 JH Walker Drive, Pendleton, IN 46064, (the sum of $_______) or (_______% of the residue of my estate) to continue my support for the child(ren) I am sponsoring at the time of my death. If I have no child sponsorships at the time of my death, or upon the termination of the sponsorship obligation, all remaining funds shall be distributed to the Children’s Reserve Fund to provide for other children in need.”
Trusts
Charitable Remainder Trust
This type of trust allows you to provide assets to the trust which pays an income to you or anyone you choose. You can designate payments for a period of time (or for your lifetime). When the last person receiving payments passes away, the remaining balance is donated to Horizon. You’ll receive income and save on taxes immediately, while helping orphans for years to come.
Revocable Living Trust
Donating to Horizon through a revocable living trust lets you take care of the people and causes you care about and then give in a variety of ways. You can give a designated amount or provide a percentage of your estate.
The information on this website is not intended as financial, legal, or tax advice. For such advice, please consult your accountant, attorney, or financial planner for professional advice and counsel. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.