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GOOD WILL
Ron Schatz, Director
Stewardship and Resource Development
Diocese of Bismarck
Everyone likes people of good will. They are positive, generous and enjoyable to be around. They are cheerful and optimistic. People of good will make life more enjoyable for others.
The term "good will" also applies to businesses and organizations. This intangible asset adds value to the more measurable aspects of facilities, products, programs and personnel. A business with good will enjoys a positive presence in the community.
The same is true of nonprofit organizations like the Diocese of Bismarck and our 99 Catholic parishes and missions. We are always seeking to expand our good will among our brothers and sisters in Christ.
"Good will" can also apply to estate planning. We express our good will through a good will. And a good will is a whole lot better than a careless or faulty will. Or even no will at all. Here is a list of items a good will can accomplish.
Does your will do these things?
• Name a personal representative.
• Possibly reduce or eliminate estate taxes.
• Establish family trusts and name trustees.
• Name guardian(s) for minor children.
• Designate who will receive personal items.
• Make charitable bequests to your favorite nonprofit organizations.
(Diocese of Bismarck, your Catholic parish, a Catholic school)
• Reduce stress for grieving loved ones.
By creating good wills, we create good will among those we honor through our wills. They will remember us for our foresight, generosity and thoughtfulness.
An ineffective, out-of-date will is, of course, a bad will. And such a will can create bad will among others, especially family members. It is far better to take the time and make sure a good will is in place.
As a person of good will, you will want a good will. Perhaps, for you, this means calling an attorney today to establish an appointment to prepare a will or to revise an existing will. If you don't know a good estate planning attorney, I can help you locate an attorney who can draft a good will for you.
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For a free Wills Information Kit, contact us by using the response form below, or by calling our toll-free number at 1-877-405-7435.
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QUESTIONS or COMMENTS?
If you have questions regarding estates, trusts or other matters of stewardship for your parish or the Diocese of Bismarck, please contact us by completing the following Email form.
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The official site of the Diocese of Bismarck, North Dakota
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