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TABLE OF CONTENTS

Live and Leave a Legacy of Faith ............................................................................................. 2

Creating an Effective Estate Plan ................................................................................................................ 3

An Invitation to Become a Legacy Partner .............................................................................................. 10

Personal Inventory ................................................................................................................... 12

Your Personal Information ........................................................................................................................ 13

Your Personal Representative and Power of Attorney .......................................................................... 17

Your Finances .............................................................................................................................................. 19

Your Current Plans ...................................................................................................................................... 26

Wills Planning Guide ............................................................................................................... 28

Choosing Your Estate Plan ........................................................................................................................ 29

Sample Wills ................................................................................................................................................. 30

Sample Guide ............................................................................................................................................... 36

Disclosure on Attorneys and Josh McDowell Ministry

Thank you for completing this guide. It is offered by us to you as an educational service. While we attempt to provide helpful estate and financial background, we are not able to offer specific legal advice on your personal situation. Because you may have special needs, we know that you will want to contact your own attorney. He or she will be your independent advisor and will have an obligation of trust and confidence to you. With the advice of your independent attorney, you may have a customized estate plan that truly fulfills your unique family, healthcare, estate and planning circumstances.

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LIVE AND LEAVE A LEGACY OF FAITH

hat if you could do something now that would impact others for eternity? We have an opportunity to impact others each and every day. Often it’s as simple as asking God to show us ways to make a difference for Him as we get ready in the

morning. But it also includes the plans we make now that will influence others for many years to come. A properly designed estate plan allows you to share your faith, outline your final wishes and communicate your ministry priorities to those who will continue your legacy. It ensures that your family will be provided for following your death. And it allows you to make an eternal investment in ministry initiatives that are important to you. This guide is designed to help you navigate the planning process. We will show you how to create or update your estate plans — including your will, trust and healthcare directives — so that they best meet your needs and fulfill your long term objectives. The following pages will encourage you to think through how you can leverage your assets to serve your family and fund ministry. They will also help you collect the information your advisors and attorney will need to carry out your wishes. Our goal is to help make your planning easier, less expensive, and a comfort to your family while also helping you live and leave a legacy of faith that will impact generations to come.

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CREATING AN EFFECTIVE ESTATE PLAN DEFINING YOUR OBJECTIVES

irst and foremost, it is important to understand that your estate plan is your last act of stewardship — or management of the assets — which God has allowed you to accumulate over your lifetime. It is important that you spend time seeking God’s plan for your estate and

then carefully record your intentions for those who will carry out your final wishes. The purpose of this document, and the intent of Josh McDowell Ministry, is not to tell you what God’s plan is for you. That is for you to determine. We encourage you to prayerfully study His Word and seek His will as you create your estate plan. Throughout the process you may wish to also record your personal testimony. The will is a perfect tool to share your faith with family and friends. As the apostle Paul wrote, “For what I received I passed on to you as of first importance: that Christ died for our sins according to the Scriptures, that he was buried, that he was raised on the third day according to the Scriptures . . . by the grace of God I am what I am . . .” (1 Corinthians 15:3–4, 10).

econd, define your planned giving goals. Consider the family members that you would like to include and evaluate their present and future needs. Also consider the ministries you may wish to support and how you can best leverage your resources, both now and later, to make a

lasting impact.

Consider using the list below to help evaluate your objectives and craft the plan that will best carry out your final wishes. Rank your financial priorities by circling a number next to each objective. One is low and five is high:

Low High

Reduce estate taxes 1 2 3 4 5 Increase current income 1 2 3 4 5

Provide for guardianship of dependents 1 2 3 4 5

Protect against liability 1 2 3 4 5

Create a charitable legacy 1 2 3 4 5

Sell appreciated assets tax free 1 2 3 4 5

Plan for business 1 2 3 4 5

Other goals 1 2 3 4 5

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After you have outlined your goals, consider the estate design options that will best accomplish your objectives. For example if you have children with special needs or who are not good at managing money, you may wish to consider establishing a trust in your will. It can hold their portion and pay income only or pay out the income and principal over a period of years. This will help ensure they receive the care they need and also help them steward the resources entrusted to them. If you would like to invest in ministry but feel limited by what you give, you may wish to consider a charitable bequest, charitable remainder trust or charitable equity partnership. A trust, partnership or other estate design option can help free up additional monies for ministry initiatives while still providing for you and your family.

hird, remember that the will takes effect at death and therefore has no impact on you or your beneficiaries during life. You will want to make provisions for the possibility of disability or incapacity and how you will be cared for as well as who will be responsible for

you and your assets. You will want to consider a durable power of attorney. Without this document, a court appointed conservator is named which may cause family relations to be strained and impose unnecessary costs and restrictions. The durable power of attorney should be accompanied by a similar document called a healthcare power of attorney. It designates someone to make healthcare decisions for you if you are unable to do it for yourself. These are described in the Personal Inventory section, and you should discuss them with your attorney. Another document you may want to consider is a living will. This has to do with life support and whether or not you want to be kept alive by heroic means if there is no hope for survival. It is sometimes called a directive to physicians.

ourth, you will want to discuss your goals, objectives and the documents discussed above with competent legal counsel. Make sure your attorney creates wills and trusts as a regular part of his or her practice. You may also want to ask your attorney to explain the benefits of

a revocable living trust, which can distribute your property to your beneficiaries while also helping them avoid probate costs and proceedings. One Final Thought A well designed estate plan allows you to leave a legacy that will far outlast your time on this earth and impact others for generations. By leveraging your assets both now and later, you will make a significant investment in God’s kingdom that will impact lives for many years to come.

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BUILDING YOUR TEAM

Often the task of estate planning feels daunting and overwhelming. That is why you need a group of trusted advisors who will work together to help you navigate important decisions, select the best options for you and your family and draft a well-thought-out estate plan. Proverbs 15:22 says, “Plans fail for lack of counsel, but with many advisers they succeed.” When considering your estate design, we suggest that you put together a team of trusted professionals who will work together to provide you with sound counsel and create a customized financial plan:

• Financial Advisor. Any estate plan should include a certified financial advisor. He or she will help you outline your financial goals, manage your assets and investments and assist with contributions.

• Tax Advisor. A tax advisor comes alongside your other financial advisors to provide you with a clear understanding of the tax impact of your overall plan. He or she will also consult with you regarding any tax benefits you may achieve through charitable giving.

• Charitable Gift Advisor. A charitable gift advisor plays an important role in your estate plans, especially if you are looking for ways to invest more in ministry while also providing for you and your family. The gift and estate design team at The Great Commission Foundation of Cru can serve you in this way, without charge or obligation, helping you get the most out of your charitable giving.

• Estate Attorney. A trusted attorney is essential to any estate. He or she will prepare the legal documents associated with your financial plans, will and any trusts you may wish to create. Your attorney will also assist your personal representative as he or she probates your will and distributes your assets to your beneficiaries.

A financial plan built on sound counsel and biblical principles allows you to live and leave a legacy of faith for years to come. It also serves as a testimony to your family and enables you to invest in ministry initiatives that will impact generations.

BASIC ESTATE PLANNING DOCUMENTS

There are three basic estate planning documents — a will, a durable power of attorney for finances and a durable power of attorney for healthcare. Understanding each will help you make the best decisions about your care and final plans. Current Will Your will is a written document, signed by you and by two or more witnesses. In some states, your signature must be witnessed by a notary public. If the will is authenticated by the probate court, it will be used to determine the distribution of your property. If the will is not valid or you do not have a will, the court will follow state law to distribute your assets and appoint guardians for minor children. Many of the court’s decisions may be contrary to your desires.


With a valid will, you are able to choose who will inherit your property and who will administer your estate as your personal representative. If you have minor children, you can choose the person(s) who will raise them. With a trust, you are permitted to decide who will manage the trust for your family members. It is important to note that, if you are married, you cannot create a “joint” will — both husband and wife must create their own will and estate plan. A valid will is an essential part of transferring your property at the right time to the right people at the lowest cost. Without a valid will your family may encounter increased costs, delays and unnecessary conflicts. You alleviate these concerns and provide a legacy for your family through an updated will and estate plan. Durable Power of Attorney for Finances You are probably a very good financial manager. And as long as you are able to manage your affairs, things will be kept in order. However, there may come a time when you are in poor health or perhaps in the hospital. During these times, you will not want to worry about your property being neglected or bills going unpaid. A durable power of attorney for finances is the solution that protects your property and yourself. If you are no longer able to manage your property, you can use a durable power of attorney to select someone to act as your agent. If you are disabled or incapacitated, this person will have the legal right to manage your property. If you do not have a durable power of attorney for finances, the court may decide to appoint a conservator to manage your affairs. The court may select any person as conservator and there often will be expensive reports, audits and costs in the management of your property. If you sign a durable power of attorney for finances, the person that you select may manage your property without the added expense of a court-appointed conservator. Be thoughtful on who you name as your power of attorney as he or she has great discretion to act on your behalf. Healthcare Directives There are two general types of healthcare directives — a durable power of attorney for healthcare and a living will. In some states, these are combined into one document called an advanced directive. The durable power of attorney for healthcare allows you to select a person who can assist your doctors in making healthcare decisions while you may be incapacitated. You may have a serious medical condition, and your doctor will need the advice of another person regarding the best possible care for you. Your designated holder of the durable power of attorney for healthcare can help your doctors ensure that you receive high-quality care. The living will is a second document (in most states) and covers the time before you pass away. In the last days and weeks of life, there are a number of decisions regarding care, nutrition, hydration and resuscitation that need to be made. The living will gives you the opportunity to offer recommendations to medical staff about the types of care to be provided to you at that time.


OTHER PLANNING OPTIONS AND HOW THEY MAY BENEFIT YOU

Revocable Living Trusts If you have a moderate or large estate, you may find it desirable to create a revocable living trust (RLT). The living trust is completely within your control during your lifetime. You can add property to the trust, or remove property from the trust, at any time. During your lifetime, the trust income is taxable to you. There are at least three major benefits of the living trust. If you are sick or in the hospital, your designated successor trustee can take over and manage your property for your benefit. Second, if you pass away, the property in the living trust will avoid probate and potentially save thousands of dollars in costs. Third, the living trust is typically a private document and is not made public during the probate process. IRA, 401(k), 403(b) or Other Retirement Plan Your IRA, 401(k), 403(b) or other retirement plan is transferred by a beneficiary designation. Normally, the beneficiaries should be named on the IRA, and it should be given directly to family, a trust or charity, and not to your estate. The IRA, 401(k) or 403(b) custodian should provide a form for you to select a primary and contingent beneficiary. Because your retirement plan may represent a major portion of your property (30% to 70%), your beneficiary designation should be reviewed every two to four years. Life Insurance Life insurance is usually permanent (whole life or universal life) or term. The insurance policy is a contract, and there is a beneficiary designation form. You will select the primary and contingent beneficiary to receive the life insurance proceeds. Charitable Remainder Trusts A charitable remainder trust (CRT) is an excellent way to benefit yourself, your spouse or other family members. It combines substantial tax savings with the ability to provide long-term income for you and/or your family members. Charitable remainder trusts are especially helpful for individuals who retire and would like to sell land or stock tax free, receive a generous income and also invest in ministry initiatives. There are two types of charitable remainder trusts: 1) Charitable remainder unitrust – you receive a fixed percentage of the trust assets at least annually. 2) Charitable remainder annuity trust – you receive a fixed dollar amount at least annually. Charitable Gift Annuity If you fund a gift annuity, you receive a substantial income tax charitable deduction and fixed payments for life. A gift annuity may pay for one life or for two lives. For a married couple, the payments will last until both have passed away.


Charitable Equity Partnership If you are a business owner, a charitable equity partnership (CEP), allows you to donate a percentage of corporate stock to a charitable trust. You receive a tax deduction — the equivalent of taking money tax free from the business. Any profit from the trust-held shares is taxed at no more than half the rate assessed to you, the business owner. The trust holds the shares until the business is sold, including the trust-held shares. (You may sell to whomever you wish, including family members.) You may also reinvest tax free cash into your business, increasing its value. A Donor Advised Fund account is set up, where your after-tax proceeds go. Through this fund, you decide which ministries receive contributions. Donor Advised Funds A donor advised fund is a “charitable giving fund” that works much like a private foundation but without the cost and red tape. Often one can establish a fund with as little as $5,000 cash, stock or other appreciated assets. The donor realizes tax benefits in the year of the donation but can make distributions over time from the fund to the ministries of his or her choice. Many families may use a donor advised fund as an estate beneficiary so that they can allow their children or friends to continue supervising the gifts from their fund for years to come. Charitable Endowments Another option that you may prefer is to leave property or money to a ministry through an established endowment. Instead of spending the gift outright, the organization invests the money. The principle remains unspent while the interest and distribution payments are used to provide a steady source of income for the ministry. This type of gift allows donors to make a contribution that keeps on giving, providing perpetual funding for the organization and/or long-term ministry projects.

Don and Judy are planners. For years

they managed their money well. Over time they developed the practice of spending less, and living beneath their means, so that they could save and give more. Together they created a plan for how they could best leverage their resources and serve God’s kingdom by giving:

• Strategically • Thoughtfully • Responsibly • Generously

Don and Judy were ready to give when the need arose.

Because of this, they were able to make a direct charitable IRA rollover gift to Josh McDowell Ministry which allowed them to bypass income taxes and give more to the kingdom. Their strategic giving paid off as their generosity helped men and women in places like Asia and the Middle East learn about Jesus and better share Him with others in their churches, families and communities.


ESTATE PLANNING STEPS

There are five basic steps in the estate planning process.

Consider Your Role as God’s Steward The best estate plans begin with the realization that God owns everything. As you evaluate your assets, consider how you can utilize them to their fullest potential while you are living and entrust them to individuals who will continue to use them in ways that will serve others and God’s kingdom after you are gone. Write Down What You Own It is important to understand what property you own and how it will be transferred — through a will, trust, beneficiary designation or other form. The Personal Inventory section will help you gather all the necessary and pertinent data that you and your advisors will need to craft your estate plan. Work with Your Team of Advisors After you have determined your basic objectives and recorded your information, it is time to meet with your team of advisors (financial advisor, tax advisor and/or charitable gift advisor) If you elect to work with our partners at The Great Commission Foundation, they can help you craft an estate design blueprint that will best accomplish your goals, allowing you to bypass taxes and preparing you to meet with the rest of your advisors. Draft Your Plans with an Estate Attorney A knowledgeable estate attorney is another trusted advisor who can help answer your questions and provide you with sound counsel during the planning process. You will need to provide your attorney with a copy of your Personal Inventory, sample will information and/or the estate design blueprint created by The Great Commission Foundation so he or she can prepare the necessary estate planning documents. Sign Your Estate Planning Documents and Medical Directives Finally, it is important to sign the documents that correctly express your wishes and desires, both for your property and for your potential future personal care. Keep these in a safe place that is easily accessible and be sure to let your family, personal representative(s) and power(s) of attorney know where they are stored.

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AN INVITATION TO BECOME A LEGACY PARTNER Are you looking for ways to leverage your assets and leave a legacy on a global scale? We invite you to join Josh McDowell Ministry as a Legacy Partner and help continue God’s work around the world through a gift included in your will, trust or estate plan. You gift will far outlast your time on this earth as you help countless men and women understand the truth about Jesus and learn to better live, defend and share their faith. As a Legacy Partner, you will also qualify for access to gift and estate design services that are free of charge, confidential and conducted by Christian professionals. These discrete services, provided through Campus Crusade for Christ’s (Cru) Great Commission Foundation, are provided to you with no obligation as you design your estate and future giving plans for ministry. If you are interested in having a conversation about defining your legacy and continuing it for generations to come, contact us at 1-855-833-6897 or at [email protected]. We can help you and your advisors complete your gift in a way that benefits your estate and makes clear your intention to help Josh McDowell Ministry. As a Legacy Partner, you will help fulfill the mission of Josh McDowell Ministry to serve others until the whole world hears about Jesus and will also help ensure the long-term strength of the ministry. Together we can make a significant difference, impacting many lives with the gospel of truth.

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Creating Your Own Estate Design Blueprint Your estate design functions much like a blueprint. Think of your home and the meticulous planning that went into creating it. The plans were drawn to fit the lot and its dimensions. Rooms were carefully sized and positioned according to their function. Windows and doors were added in just the right places.

In much the same way, your estate design functions like a blueprint. You begin by laying a proper foundation — what principles will govern your plans and what do you want to accomplish? From there you work with trusted advisors to create the actual design, laying out the specific format that will best serve you and your family. Finally you add the finishing touches, meeting with your attorney, signing your documents and sharing your plans with family and/or your personal representative.

To find out more about creating your own estate design blueprint, please contact our office. We’ll put you in touch with our partners at the Great Commission Foundation who can help you create a customized plan that will best accomplish your goals and impact generations to come.


PERSONAL INVENTORY

our estate plan begins by taking inventory of the assets and belongings that God has entrusted to you. As you evaluate your estate, it is important to consider how you can best use the resources God has entrusted to you to serve others and His kingdom. It is also

important to consider how you can alleviate stress on your family through proper planning.

Recording your information, providing a thorough plan for property distribution, naming your personal representative(s), and establishing guardianship and trusts for minor children will minimize the decisions your family must make and help them better fulfill your final wishes. It will also minimize the cost and time required for property distribution. The following pages are designed to walk you through the inventory process, helping you create an accurate record of your personal information, assets, heirs and beneficiaries. They will also help you elect your personal representative(s) and your power(s) of attorney. Once your Personal Inventory is complete, we suggest that you keep a copy for your personal records and also share the location where it is kept with your family and/or personal representative(s). You will also want to share its contents with your advisors and estate attorney who will provide you with counsel based upon your specific situation and draft the estate plans that will best serve you and your family.

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YOUR PERSONAL INFORMATION YOUR INFORMATION

Date_______________________

Your Full Legal Name__________________________________ Date of Birth_______________

Social Security Number___________________________________________________________

Present marital status: □ Married □ Single □ Divorced □ Separated □ Widowed Date__________

Home Address__________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Employer______________________________________________________________________

Job Title__________________________________ Work Phone__________________________

Are you a United States Citizen or Lawful Permanent Resident? □ No □ Born in the U.S.A. □ Naturalized □ LPR

Check which documents you presently have: □ Will □ Living will □ Living trust □ Durable power of attorney/healthcare □ Durable power of attorney/finances

YOUR SPOUSE’S INFORMATION

Spouse’s Full Legal Name__________________________________ Date of Birth_____________

Social Security Number___________________________________________________________

Phone______________________________ Email_____________________________________

Employer______________________________________________________________________

Job Title__________________________________ Work Phone__________________________

Are you a United States Citizen or Lawful Permanent Resident? □ No □ Born in the U.S.A. □ Naturalized □ LPR

Check which documents you presently have: □ Will □ Living will □ Living trust □ Durable power of attorney/healthcare □ Durable power of attorney/finances

Do you or your spouse have a prenuptial agreement? (If yes, please attach a copy.) □ Yes □ No

Have you or your spouse been previously married? □ Yes □ No Husband/Wife (please circle)

If widowed, what date did this occur? __________

YOUR RELIGIOUS AFFILIATION

Church/Religious Affiliation________________________________ City/State ______________


YOUR CHILDREN

Please list all children, whether minors or adults, including deceased children and children of a prior marriage. If you have more than three children, please attach additional pages. If you wish to exclude a child as a beneficiary of your estate, check “Exclude.” If you have no children, write “NONE.” Full Legal Name________________________________________________________________

Date of Birth_______________________ Social Security Number_________________________

Status: □ Married □ Single □ Needs Special Care □ Dependent □ Exclude

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Origin: □ Child of present marriage □ Child of prior marriage or relationship □ Deceased

Full Legal Name________________________________________________________________



Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________


Full Legal Name________________________________________________________________



Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________


Full Legal Name________________________________________________________________



Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________


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YOUR GUARDIAN FOR MINOR CHILDREN

In the event you are unable to care for your children (under age 18), a guardian will be appoint to care for them. You may list one guardian for all children or name individual guardians for each child.

Guardian

Guardian______________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone___________________ Email__________________________ Relationship____________

Alternate Guardian

Guardian______________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________



YOUR OTHER HEIRS

Please list any other heirs you wish to include in your will or estate plan. Full Legal Name________________________________________________________________


Status: □ Married □ Single □ Needs Special Care □ Dependent

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________


Full Legal Name________________________________________________________________

Date of Birth_______________________ Social Security Number_________________________ Status: □ Married □ Single □ Needs Special Care □ Dependent

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________


Full Legal Name________________________________________________________________


Status: □ Married □ Single □ Needs Special Care □ Dependent

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________


MINISTRIES AND CHARITABLE ORGANIZATIONS

Please list any ministries or charitable organizations that you wish to include in your estate plans. Name________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Name________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Name________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

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YOUR PERSONAL REPRESENTATIVE AND POWER OF ATTORNEY

YOUR PERSONAL REPRESENTATIVE

Your personal representative, also called an executor or executrix, is the manager of your estate. Because he or she will make many decisions about the management and distribution of your estate, you should select a trusted person who understands your wishes and circumstances. A personal representative will usually complete eight separate steps to ensure an orderly distribution of your assets according to your final wishes:

1. Submit your will to the probate court

2. Locate your family and other beneficiaries

3. Determine your estate assets and values

4. Pay bills and the estate attorney fees

5. Make debt payments

6. Resolve any estate controversies

7. File your income and estate tax returns

8. Distribute your assets according to your plan

Personal Representative

Primary Name__________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship, if not a spouse________________________________________________________

Alternate Personal Representative

In case the person above is unable to serve, please name an alternate representative.

Name_________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship____________________________________________________________________


YOUR POWER OF ATTORNEY

A durable power of attorney for finances and healthcare empowers the person(s) that you select to manage your financial affairs and to make key decisions for your healthcare in the event of a mental or physical disability. It is called a “durable” power because it remains in effect even when you are ill and not capable of making your own decisions. In some states a living will and durable power of attorney are combined in an “Advance Directive” document.

Power of Attorney for Finances

Primary Name__________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship____________________________________________________________________

Alternate Power of Attorney for Finances

Name_________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship____________________________________________________________________

Power of Attorney for Healthcare

Primary Name__________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________


Alternate Power of Attorney for Healthcare

Name_________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship____________________________________________________________________


YOUR FINANCES YOUR PERSONAL PROPERTY

When you are making a list of your property, it is important to clearly describe each asset, its valuation and how it is held. You will also want to list any liabilities associated with your estate.

Your financial advisors will use this list to effectively coordinate your tax planning and the final distribution of your estate. Please attach additional pages if needed.

There are five basic types of property ownership to consider as you record your assets:

1. Individual ownership 2. Tenants in common 3. Joint tenants with rights of survivorship 4. Tenants by the entirety 5. Community property

YOUR ASSETS REAL ESTATE

RESIDENCE OWNER PURCHASE DATE

COST BASIS

MORTGAGE BALANCE

MARKET VALUE

Main Residence Address

$ $ $ Vacation Home Address

$ $ $ Business Property/Land

$ $ $ Rental Property/Other

$ $ $

TOTAL (MARKET VALUE LESS MORTGAGE BALANCE) $

CHECKING, SAVINGS, CDs, MONEY MARKETS, CREDIT UNION ACCOUNTS

ACCOUNT NUMBER OWNER ACCOUNT TYPE MATURITY CURRENT VALUE

Bank Account Number

$

$ Savings Account Number

$

$

TOTAL $


INVESTMENTS (STOCKS, BONDS, MUTUAL FUNDS)

TYPE AND ACCOUNT NUMBER OWNER COMPANY SHARES ORIGINAL VALUE

CURRENT VALUE

Stock

$

$ Bond

$

$ Mutual Fund

$

$

TOTAL $

RETIREMENT PLANS/EMPLOYEE BENEFITS

PLAN OWNER BENEFICIARY VALUE Individual Retirement Account

$ Individual Retirement Account

$ 401(k), 403(b) Plans

$ Tax Deferred Annuity

$ Pension or Profit Sharing Plan

$ Deferred Compensation Agreement

$ Roth IRA

$ Military Benefits (please advise)

$ Please describe any unique provisions

TOTAL $


LIFE INSURANCE

INSURED OWNER PLAN PRIMARY BENEFICIARY

SECONDARY BENEFICIARY DEATH BENEFIT

$

$

$

TOTAL $

PERSONAL PROPERTY

ASSET OWNER DESCRIPTION VALUE Furniture/Household Furnishings $

Tools and Equipment $

Antiques/Collections $

Jewelry $

Automobiles/Vehicles $

Oil and Gas Interests $

Business Interests (from page 23) $

Future Inheritances (from page 24) $

Miscellaneous $

TOTAL $ TOTAL ASSETS $


YOUR LIABILITIES TYPE OWNER DESCRIPTION AMOUNT Bills

$

$

$

Vehicle Debts

$

$

Charge Accounts

$

$

Loans (Bank, Life Insurance, Notes Payable)

$

$

Other Debts

$

$

TOTAL LIABILITIES/DEBTS $

TOTAL ESTATE (ASSETS LESS LIABILITIES) $


YOUR BUSINESS INTEREST

If you are a business owner, partner or shareholder, please provide the following information.

Name of Business_______________________________________________________________

Business Activity_________________________________________ Value $_________________ (Note: If farm, please include value of machinery, livestock and grain in storage. List value of land under real estate.)

Have minority interest or lack of marketability discounts been considered in value? □ Yes □ No

Net Profit (before owner’s earnings and taxes): Year________ $_________________

Project Future Change: Year________ $_________________

Business Life Insurance: Beneficiary_____________________ $_________________

Are any family members involved in the business? □ Yes □ No

Names__________________________________________________________________

Form of business: □ Sole Proprietorship □ C Corporation □ S Corporation

□ Partnership □ Professional Corporation □ Personal Holding Company

Buy/Sell Agreement □ Yes □ No If yes, please describe (or attach copy).

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________ Owner(s)/Key Employees Percentage/Share Annual Income Include in Buy/Sell?

1. _____________________ ______________ $___________ ________________

2. _____________________ ______________ $___________ ________________

3. _____________________ ______________ $___________ ________________

At death business is to be: □ Continued by heirs □ Sold to surviving owners

□ Sold to key employees □ Liquidated □ Other_________________

Please describe any unique qualities of your business that you feel are pertinent to your estate design.

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________


YOUR MILITARY SERVICE AND BENEFITS

Are you currently serving or have you served in the military? □ Yes □ No

Dates of service_________________________________________________________________

Military Identification Number______________________________________________________

Branch and rank_________________________________________________________________

YOUR FUTURE INHERITANCE

Is it likely that you or your spouse may receive an inheritance? □ Yes □ No

If so, from whom? __________________________ Estimated Inheritance $___________

__________________________ Estimated Inheritance $___________

YOUR INCOME TAX INFORMATION

Please provide your current tax information.

Previous year________ Adjusted Gross Income $___________ Taxable Income $___________

Projected for this year_________ $___________ $___________

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Jack and Laura wanted to make a lasting impact. They realized one way they could make an eternal difference was through charitable giving. Over the years they have faithfully partnered with Josh McDowell Ministry in order to help reach more people with

the gospel both in the United States and around the globe.

Their commitment to leaving a legacy through giving is reflected not only in how they give but also to whom they give their support. “Josh will be quoted, cited and used as an example and resource for years to come.” Jack shared. Jack and Laura give to Josh McDowell Ministry because they believe that the messages on hope, forgiveness, faith and the gospel shared around the world will continue to live on and transform lives for generations.


YOUR PROPERTY DISTRIBUTION AND BENEFICIARIES

As you think about your estate, it is important to consider how your property will be distributed and to whom. Carefully evaluate each item and who you would like to receive it. Then describe your bequest plans in terms of dollars, property or percentage of estate.

Current Desires for Distribution of Property

If married, at death of first spouse:

□ All to surviving spouse □ Other desires___________________________________________________________

___________________________________________________________

___________________________________________________________

If single, or at death of surviving spouse:

Gifts in Kind

RECIPIENT PROPERTY

1. __________________________________ ________________________________________

2. __________________________________ ________________________________________

3. __________________________________ ________________________________________

Gifts of Fixed Amounts

RECIPIENT PROPERTY

1. __________________________________ ________________________________________

2. __________________________________ ________________________________________

3. __________________________________ ________________________________________

Gifts of Percentages

RECIPIENT PROPERTY

1. __________________________________ ________________________________________

2. __________________________________ ________________________________________

3. __________________________________ ________________________________________

Other Desires ______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________


YOUR CURRENT PLANS YOUR PLANS

Please describe your current plans, obligations where your documents are held.

EXISTING PLANS CHECK IF YES CHECK IF YES YOU SPOUSE

Do you have a will? ______ ______

Have trusts been created? ______ ______

Have durable powers of attorney been created? ______ ______

Have reportable gifts been made? ______ ______

Are prenuptial agreements in effect? ______ ______

Are community property agreements in effects? ______ ______

If yes to any of the above questions, please describe the agreement(s) or attach a copy.

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

YOUR OBLIGATIONS

Are you currently serving as a trustee, guardian or personal representative? □ Yes □ No

If so, for whom are you serving? _________________________________

YOUR DOCUMENTS

Do you have a safe deposit box? □ Yes □ No

List the bank, city, state and key holder_________________________________________

Please provide the institution(s) and/or location(s) where any other documents are kept.

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________


YOUR ADVISORS

Financial Advisor

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Tax Advisor Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Charitable Gift Advisor Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Estate Attorney Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________


WILLS PLANNING GUIDE

he “will” is a legal document which expresses your wishes regarding the distribution of your estate after your death. It allows you to exercise certain rights which, if not properly written and executed, are forfeited, allowing the probate court to distribute according to state

mandated guidelines. A will is basic to every estate plan and should be used as a tool to fulfill your stewardship responsibility over what God has given you. When properly drafted an up-to-date will allows you to leave a legacy of faith for your family and the ministries you support. It also:

1. Provides an opportunity for you to give a final testimony of your Christian faith. 2. Revokes all previous wills that you have made. 3. Authorizes payment of all debts and expenses related to your final illness. 4. Authorizes the payment of taxes by the estate. 5. Disposes of your personal property according to your desires, either through direct instructions in

the will or by reference to a letter of instructions. 6. Makes in-kind or fixed dollar distributions to family members or charitable organizations. 7. Distributes the remainder of your estate to your individual, trust and charitable beneficiaries. 8. Names a personal representative who is responsible for entering the will into probate and making

distributions according to your desires expressed in your will. 9. Can nominate the person you wish to serve as guardian of minor children or other persons for

whom you have custodial responsibility. 10. Empowers the personal representative to carry out the terms of your will, especially relating to the

ability to sell, dispose of and liquidate property and continue the operation of business interests. 11. Establishes trusts for the benefit of minor children or other individuals for whom you have

income responsibilities. 12. Names the trustee of any trusts established and empowers that person to carry out the terms of

the trusts for their duration.

T


CHOOSING YOUR WILL AND ESTATE PLAN When planning your estate, there are several decisions that must be made regarding your will. Below are three will options — for a married couple or a single/surviving spouse — that will help you determine the plan that is right for you and your family. Select one of the following, then enter your information on the corresponding plan you have selected. You can share the information you have recorded with your advisors and attorney who will help draft the necessary legal documents to implement your plans.

Married Couple 1. Simple Will. If you pass away first, your estate is transferred to your surviving spouse. If you are the survivor, with a simple estate plan you may transfer specific property to named beneficiaries then give away the remainder of your estate. Your simple estate plan may transfer your property to family members or the ministries of your choice.

2. Simple Will with Trust for Minor Children. If you pass away first, your estate is transferred to your surviving spouse. If you are the survivor and have minor children, it will be important to select a guardian and a trustee to manage assets for their benefit.

3. Charitable Remainder Trust. Your trust pays you as a couple a consistent distribution. If you pass away first, your trust distributions are transferred to your surviving spouse. After both you and your spouse pass away, the remaining balance is left to the ministries of your choice.

Single Person 1. Simple Will. With a simple estate plan, you may transfer specific property to named beneficiaries then give away what is left. Your simple estate plan may transfer your property to family members, friends or the ministries of your choice.

2. Simple Will with Trust for Minor Children. If you are a single parent with minor children, it will be important to select a guardian and a trustee to manage assets for their benefit.

3. Charitable Remainder Trust. Your trust pays you a consistent distribution. After you pass away, the remaining balance is left to the ministries of your choice.


SAMPLE WILLS SIMPLE WILL – MARRIED COUPLE

A married couple with an estate that is not taxable under federal estate law may desire a simple estate plan. Often the deceased spouse passes the entire estate to the surviving spouse. But the first estate may also include specific bequests to children or ministry with the balance transferred outright to the surviving spouse. The estate of the surviving spouse may then be transferred by specific bequest or a percent of the estate may be left to children or ministry.

First Estate – Specific Bequests, Balance to Spouse Bequests of items or amounts to family or ministry.

ITEM OR AMOUNT RECIPIENT, CITY AND STATE

1. _____________________ _________________________________________________

2. _____________________ _________________________________________________

3. _____________________ _________________________________________________

Bequests of Percentage of First Estate to Family or Ministry, Balance to Spouse PERCENT RECIPIENT, CITY AND STATE

1. ______________ % to_________________________________________________________

2. ______________ % to_________________________________________________________

3. ______________ % to_________________________________________________________


SIMPLE WILL – SINGLE PERSON OR SURVIVING SPOUSE

For a single person or surviving spouse there is a simple estate plan for adult children or other family members. If the estate is not taxable under federal estate law, this plan may work well. With a simple estate plan, it is possible to transfer a specific property or amount, and then to divide the balance of the estate among children or other family members. Many individuals also decide to leave a ministry bequest.

Specific Bequests Bequests of items or amounts to family or to ministry.


1. _____________________ _________________________________________________

2. _____________________ _________________________________________________

3. _____________________ _________________________________________________

Remaining Estate – Percentage of Remaining Estate to Family or Ministry PERCENT RECIPIENT, CITY AND STATE

1. ______________ % to_________________________________________________________

2. ______________ % to_________________________________________________________

3. ______________ % to_________________________________________________________


SIMPLE WILL WITH TRUST FOR CHILDREN – MARRIED COUPLE

A married couple with an estate that is not taxable under federal estate law may choose to protect and benefit children with a trust. Often the deceased spouse passes the entire estate to the surviving spouse. But the first estate may also include specific bequests to children or ministry with the balance transferred outright to the surviving spouse. The estate of the surviving spouse may then be transferred by specific bequests with the residue passing to a trust for children.

First Estate – Specific Bequests, Balance to Spouse Bequests of items or amounts to family or to ministry.


1. _____________________ _________________________________________________

2. _____________________ _________________________________________________

3. _____________________ _________________________________________________

Bequests of Percentage of First Estate to Family or Ministry, Balance to Spouse PERCENT RECIPIENT, CITY AND STATE

1. ______________ % to_________________________________________________________

2. ______________ % to_________________________________________________________

3. ______________ % to_________________________________________________________ Trustee

Name_________________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________


Age for ending trust and distributing principal to children_________________________________

Ministry/Organization in Trust

Name_________________________________________________________________________


SIMPLE WILL WITH TRUST FOR CHILDREN – SINGLE PERSON OR SURVIVING SPOUSE

This option assumes that a trust(s) is created with income distributions made to children until the selected age. In addition, the trustee may be given the right to make principal distributions for the support or education of children. You will need to select a trustee and a contingent trustee.

Specific Bequests ITEM OR AMOUNT RECIPIENT, CITY AND STATE

1. _____________________ _________________________________________________

2. _____________________ _________________________________________________

3. _____________________ _________________________________________________ Trustee

Primary Name__________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship____________________________________________________________________

Age for ending trust and distributing principal to children_________________________________

Contingent Trustee

Primary Name__________________________________________________________________

Address_______________________________________________________________________

City________________________________________ State___________ Zip________________

Phone______________________________ Email_____________________________________

Relationship____________________________________________________________________

Ministry/Organization in Trust

Name_________________________________________________________________________


CHARITABLE REMAINDER TRUST – MARRIED COUPLE (TWO LIVES)

A charitable remainder trust is mutually beneficial for you and the ministries you support. It allows you to select the appreciated asset(s) — valuing $250,000 or more — that you would like to use to fund the trust. Once it is created, the trust pays you, as a couple, a consistent distribution for life. If one spouse passes away, the trust distributions continue on to the surviving spouse. At the end of the trust term, your charitable gift is used to fund the ministry of your choice, leaving a legacy that will impact God’s kingdom for years to come.

Assets Transferred to Trust Assets you are considering for contribution.

ASSET DESCRIPTION

1. ____________________________________________________________________________

ASSET COST $__________ DATE ACQUIRED__________

FAIR MARKET VALUE $__________ CONTRIBUTION AMOUNT $__________

2. ____________________________________________________________________________



3. ____________________________________________________________________________



Beneficiaries

Primary Name_______________________________________________ Date of Birth________

Secondary Name_____________________________________________ Date of Birth________

Associated Ministry and Term

Organization Name______________________________________ Trust Term (in years)_______


CHARITABLE REMAINDER TRUST – SINGLE PERSON (ONE LIFE)

A one life charitable remainder trust allows you to select the appreciated asset(s) you would like to use to fund the trust (valuing $250,000 or more). Once it is created, you receive the distribution payments. At the end of the trust term, your charitable gift is used to fund the ministry of your choice.

Assets Transferred to Trust Assets you are considering for contribution.

ASSET DESCRIPTION

1. ____________________________________________________________________________



2. ____________________________________________________________________________



3. ____________________________________________________________________________



Beneficiary

Name______________________________________________________ Date of Birth________

Associated Ministry and Term

Organization Name______________________________________ Trust Term (in years)_______


SAMPLE GUIDE PERSONAL PROPERTY DISTRIBUTION

Ways to Give or Transfer Personal Property Give During Life Many individuals start the gift process during life. By giving personal items to children or other heirs, you can ensure that your wishes are carried out and they enjoy the gift while you are still living. Consider Preferences A child or other beneficiary may desire a piano or other instrument while another may prefer books, china or a special piece of jewelry. Mutually discuss wishes with your children and beneficiaries and attempt to make gifts that will be meaningful to each person. Leave Instructions A list is very helpful for those carrying out your final plans and ensures that your wishes are kept. You may also consider distributing some items through a “rotating choice” plan. In this situation everyone meets together and each beneficiary takes a turn at selecting one item.

List to Dispose of Personal Property Your will or trust is designed to transfer property to the person(s) you select. However, many states permit you to update and maintain a list of personal items that may be changed whenever you desire. The lists must be signed and dated and describe the personal property and name the recipient. Under the laws of most states, you are permitted to make a list of property that may include jewelry, silver, china, furniture, and collections of stamps, coins, art and other personal items that are movable. The advantage of this list is that you may update it as you buy or sell these items or you may change your mind about who should receive the personal items. By making and updating this list, you can change the recipients as your property changes. It is important to be certain that you have signed and dated each list. Only the last list you have completed before your death will be valid. If some items on your list are very valuable (especially art and other collections), then it is important to discuss the transfer of these items with your professional advisor. Your advisor may use language similar to the language below in your will: Example Language: “Under the laws of the State of ________ I may leave a written statement or a list, dated and signed by me, disposing of certain items of my tangible personal property. Any such list with date and signature shall be effective to transfer the named personal property. If no signed and dated list is identified by my Personal Representative within thirty days after his or her qualification, it shall be presumed that there is no statement or list and any subsequently discovered statement or list shall be ignored.”


CHARITABLE BEQUEST LANGUAGE

The following suggested language and considerations may be of help to you and your attorney in deciding what type of gift to create.

1. Percentage of Estate I give to Josh McDowell Ministry a division of Campus Crusade for Christ, Inc., a California non-profit corporation (tax identification # 95-6006173), located at 100 Lake Hart Drive, Orlando, Florida 32832: __________ percent (%) of my residuary estate. The benefit to Josh McDowell Ministry with this type of gift is that the ministry will receive a pro rata share of any increase in the value of your estate, from the time you sign your will or trust until the date of your death. Please note that the reverse will be true if the estate decreases in value. 2. Gift of Property I give to Josh McDowell Ministry a division of Campus Crusade for Christ, Inc., a California non-profit corporation (tax identification # 95-6006173), located at 100 Lake Hart, Orlando, Florida 32832: the following described property {describe property such as: My house located at (provide address) and legally described as (provide legal description) or my land (provide description)}. In most states if you do not own the gifted property at the time of your death, then this gift will fail, unless a specific provision is added to your will or trust directing that the proceeds from the sale of this property during your life be gifted to Josh McDowell Ministry. 3. Fixed Dollar Amount I give to Josh McDowell Ministry a division of Campus Crusade for Christ, Inc., a California non-profit corporation (tax identification # 95-6006173), located at 100 Lake Hart Drive, Orlando, Florida 32832: the sum of ($_ _________________________________). If you expect the total value of your estate to decrease in value from the date you sign your will or trust until your date of death, then a significant fixed gift to Josh McDowell Ministry could reduce the amount other beneficiaries (such as your family) might receive from your estate. For this reason, another alternative such as #1 above (PERCENTAGE OF ESTATE) may be considered. 4. Contingent Gift If any of the above named beneficiaries should predecease me, or in the case of failure or lapse of any legacy, I give his or her share to Josh McDowell Ministry a division of Campus Crusade for Christ, Inc., a California non-profit corporation located at 100 Lake Hart Drive, Orlando, Florida 32832.


This provision can minimize estate administration expenses required to determine beneficiaries in some cases. There may be specific statutes in some states regulating gifts to charitable organizations. Therefore, please consult your attorney. Each of these options can uniquely help accomplish your estate planning objectives. Your attorney will be able to review these and other alternatives with you in detail in order to help you determine which are best suited to achieve your goals. Because the creation of wills and trusts are governed by state law, it is important that you consult an estate planning attorney who knows the law of the state in which you live. If you do not have a qualified estate planning attorney, we can provide referrals. Designating Your Gift If you desire Josh McDowell Ministry to distribute your gift to a particular project, we suggest using the following language: “It is my desire that this bequest be used by Josh McDowell Ministry a division of Campus Crusade for Christ for the following purpose (such as: to support publication of evangelistic resources) or in its absence, the greatest need of Josh McDowell Ministry a division of Campus Crusade for Christ, Inc.”

Patricia wanted to live and leave a legacy of

faith. Each week she volunteers at Josh McDowell Ministry, assisting the staff with projects, writing handwritten notes and praying for our ministry partners. She also gives generously to key initiatives around the world. But she wanted to do more. She wanted to give something that would make a lasting impact, even beyond her lifetime. By including Josh McDowell Ministry in her will, she discovered that she could leave a legacy of God’s love that would be passed on to men and women around the globe. Patricia’s careful planning is allowing her to make a significant difference both now and for generations to come.


NEXT STEPS

Now that you have completed your Personal Inventory, you are ready to share your information with your team of advisors and your attorney. They will help you create a customized estate plan and draft the necessary legal documents to carry out your final wishes. Our team is here to help! If you have questions or would like to speak with a planned giving representative or estate design specialist, please contact our office. We can also connect you with our partners at The Great Commission Foundation of Campus Crusade for Christ. Their discrete services are available to you with no obligation and can be utilized at any time. Their team is available to answer your questions, provide biblically based financial counsel and assist you with the estate planning process should you so desire. Their estate design specialists can also work with you to create a personalized estate design based upon your financial and ministry goals that can serve as a blueprint for your other advisors. Together we can share the truth of Jesus until the whole world hears that the Christian faith is reliable, relational and relevant to their lives. Will you join Josh McDowell Ministry and help make a significant difference that will impact generations?

Josh McDowell Ministry Office of Development

2001 West Plano Parkway, Suite 2400 Plano, TX 75075

1-855-833-6897 • 972-907-1000 [email protected]

www.Josh.org Josh McDowell Ministry is a division of Cru (formerly, Campus Crusade for Christ, Inc.), a California non-profit corporation (tax identification # 95-6006173), located at 100 Lake Hart Drive, Orlando, Florida 32832.

“But blessed is the one who trusts in the LORD, whose confidence is in Him. They will be like a tree planted by the water that sends out its roots by the stream.

It does not fear when heat comes; its leaves are always green. It has no worries in a year of drought and never fails to bear fruit.”

— Jeremiah 17:7–8

2001 West Plano Parkway, Suite 2400 ∙ Plano, TX 75075 ∙ 972.907.1000 ∙ www.Josh.org