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Info Seeker
Posts: 1
Registered: ‎03-09-2012

Re: Your "Financial Legacy"

Message 1 of 13 (553 Views)

I plan to have remaining finances divided up between nieces and nephews and some various animal/human rights/environmental charites. Avoiding the need for a will, I have listed them all with the desired percentages as beneficiaries on my investment accounts.

Treasured Social Butterfly
Posts: 19,138
Registered: ‎12-25-2011

Re: Your "Financial Legacy"

Message 2 of 13 (585 Views)

@jordan829422 - Since I'm single, have no siblings or children, my estate will all go to charity .. but I'm planning on giving to more small/medium sized organizations, where it will can have more impact. I think that even $1 million given to the largest, best known charities, is just a drop-in-the-bucket for them. You can find out the size, efficiency, transparancy & other statistics about non-profits on Charity Navigator.


Registered on Online Community since 2007!
Super Social Butterfly
Posts: 562
Registered: ‎07-23-2010

Re: Your "Financial Legacy"

Message 3 of 13 (624 Views)
  • I hope the last check I write bounces!
lhh
Info Seeker
Posts: 1
Registered: ‎05-24-2008

Re: Your "Financial Legacy"

Message 4 of 13 (689 Views)

After having lost everything in a hate crime & having to start over mid stream I plan to leave most of what I have in a trust to my son, who, God willing since it's not a lot, will never experience homelessness or hunger again. He will always have a home for himself & his family to grow love & peace in, and to use as a shelter to our ever increasing crazy world. With that said, what little is left over will be left to a few charitities who work with children & families. As for myself, and when all is said and done, I've asked to just be tossed in a box and buried with the knowledge that I've love, been loved & have done my part.

Conversationalist
Posts: 12
Registered: ‎04-08-2012

Re: Your "Financial Legacy"

Message 5 of 13 (711 Views)

I've got 3 places i have in mind : The National Geographic Society, The Humane Society (Animals), & ALZ (Alzheimers). If I could, i'd like to leave my house to one of these places. 

Silver Conversationalist
Posts: 31
Registered: ‎10-29-2016

Re: Your "Financial Legacy"

Message 6 of 13 (753 Views)

Anywhere but a church.

Treasured Social Butterfly
Posts: 19,138
Registered: ‎12-25-2011

Re: Your "Financial Legacy"

Message 7 of 13 (809 Views)

@mr28286382 - What a wonderful plan!


Registered on Online Community since 2007!
Info Seeker
Posts: 1
Registered: ‎01-01-2016

Re: Your "Financial Legacy"

Message 8 of 13 (1,060 Views)

I do not have any children or anyone special to leave my estate to.  So I set up an endowment with a foundation in our state.  The endowment will get everything if I die prematurely and anything that is left if I live a long life.  The endowment is for the care of Alaskan pets, specifically, for those pet owners who cannot afford life long medication or medical procedures and would, otherwise, have to put their pets down.  It is also for long term capital projects, such as building new facilities to house ownerless pets.  The foundation does not have my name on it because I want others to feel comfortable in contributing to it.  My legacy is that I started the foundation and that is enough for me. 

Info Seeker
Posts: 1
Registered: ‎10-05-2016

Re: Your "Financial Legacy"

Message 9 of 13 (1,178 Views)

I plan on spending every time. I'm not leaving anything to anyone  when I'm old and can't help myself but me on Medicaid and throw me in a nursing home. At least I will have had a good time 

Info Seeker
Posts: 1
Registered: ‎05-31-2011

Re: Your "Financial Legacy"

Message 10 of 13 (1,255 Views)

I was once told after my dad perished in our family home house fire, that everyone (not just my dad) has a legacy... this was a profound statement to a freshly new fatherless daughter. It was with this statement in addition to my father asking me "what will you do with your inheritance?" just 9 hrs before his tragic death (fire was completely accidental) that I knew then that the hard work of my parents, grandparents etc needed protected. In addition to both my husband and I being avid savers all of our lives, I acquired a life insurance policy that will allow charitable organizations that my family found important to benefit from these proceeds. Maintaining a "legacy" in their names is extremely important to me. BTW, my answer to my father was "I don't know but I know it won't be squandered".