An estate plan is a set of essential legal documents that settles critical end-of-life issues including children’s guardianship, healthcare decisions and charitable giving.
Specifically, an estate plan allows you to:
- Pass on your possessions according to your wishes
- Leave instructions for your care if you become incapacitated
- Choose a guardian for your children under age 18
- Leave a legacy by supporting charitable causes you care about
- Minimize court costs, attorney fees and other legal expenses
An estate plan allows you to leave a portion of your estate through charitable giving to further support the ministry of OBHC. Charitable gifts can be set up multiple ways and can be given as a one-time gift or spread out in payments over a course of time.
OBHC works closely with the Baptist Foundation to develop estate plans for individuals who are interested in leaving a gift to this ministry. Here are five easy steps you can take to start an estate plan. If you have questions at any time, you can contact OBHC’s Planned Giving Specialist, Terry Davidson, at (405) 833-6716 or firstname.lastname@example.org
- Begin by completing the online estate planning guide at www.bfok.org/estateplan or call Terry to set up an appointment.
- Next, a Foundation attorney will draft an estate plan based on the choices you made.
- Review and sign your estate planning documents.
- Pay the Foundation for services.
- Receive reimbursement for a portion of your legal fees upon confirmation of your charitable gifts.