How to spend your legacy?

   / How to spend your legacy? #11  
Having been in a minor disaster area I second the part about not giving it to a national "charity"!

Samaritan's Purse has been great here. They are strictly volunteer funded by donations. As have been the Bread of Life organization. Heck, give it to the Amish Disaster Relief IF they will take it. When I tried to write them a check they acted insulted. They do fantastic work rebuilding areas hit by disaster. These are organizations that I have seen at work and they do good work.

RSKY
 
   / How to spend your legacy? #12  
This is a hypothetical question. (sort of) Let's suppose that you are fairly old and have no close relatives left. You worked very hard all your lifetime and were conservative spending and have amassed a nice savings. Let's just say around $1,000,000 which is not very much nowdays. Your health is failing and you don't want your money to go to your closest relative which you hardly even know so you want to make out a will.

You are an animal lover who has had hounds and horses all his life but hesitate to leave money to some of the so-called animal protectorates like PETA and many others who I have found spend money on ways I do not agree with. There are so many so-called charities that collect money for some worthy cause but keep 90% and only 10% goes to that cause. Most of your good friends who are still living are as old or older than you and you may very well outlast them. You would like to be remembered by your community as a special person but not by just having the fanciest and most expensive grave marker in town. How would you make out your will?

This question does not just apply to me as I have made my will already and I leave everything to my wife of, so far, 57 years. But, in the event I outlive her, I am not satisfied with the will I have made. My area has an outstanding police department that has done a remarkable job for many years without the problems you hear so often now but has the problem of hiring new recruits as no one in their right mind wants to be a cop anymore where the cop is more likely to end up in jail than the criminal so I want to do everything I can to make sure that people know that the community supports them. So I have a small portion of my will going to the Sheriff's Office with the Sherrif deciding to whom and how much of the money will go to any deputy who is severely injured or killed in the line of duty. Other amounts go to relatives who I barely know and really don't believe they deserve it.

If you were in the described situation, how would you make out your will?
Since I’m a forester, I would endow a scholarship program for forestry students at my Alma Matter.
 
   / How to spend your legacy? #13  
This is a hypothetical question. (sort of) Let's suppose that you are fairly old and have no close relatives left. You worked very hard all your lifetime and were conservative spending and have amassed a nice savings. Let's just say around $1,000,000 which is not very much nowdays. Your health is failing and you don't want your money to go to your closest relative which you hardly even know so you want to make out a will.

You are an animal lover who has had hounds and horses all his life but hesitate to leave money to some of the so-called animal protectorates like PETA and many others who I have found spend money on ways I do not agree with. There are so many so-called charities that collect money for some worthy cause but keep 90% and only 10% goes to that cause. Most of your good friends who are still living are as old or older than you and you may very well outlast them. You would like to be remembered by your community as a special person but not by just having the fanciest and most expensive grave marker in town. How would you make out your will?

This question does not just apply to me as I have made my will already and I leave everything to my wife of, so far, 57 years. But, in the event I outlive her, I am not satisfied with the will I have made. My area has an outstanding police department that has done a remarkable job for many years without the problems you hear so often now but has the problem of hiring new recruits as no one in their right mind wants to be a cop anymore where the cop is more likely to end up in jail than the criminal so I want to do everything I can to make sure that people know that the community supports them. So I have a small portion of my will going to the Sheriff's Office with the Sherrif deciding to whom and how much of the money will go to any deputy who is severely injured or killed in the line of duty. Other amounts go to relatives who I barely know and really don't believe they deserve it.

If you were in the described situation, how would you make out your will?
 
   / How to spend your legacy? #14  
Had a woman in town that split it between Police ,Fire and local animal shelter. It has affected all three in a positive way !
 
   / How to spend your legacy? #15  
Tally, you can always leave it with me, I will take care of your fortune and spend it very wisely on animal sanctuary's.;)
 
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   / How to spend your legacy? #16  
There was a guy in Cincinnati that died without family. He left his money in trust for park improvement 100 years after he died. Now there is dog park and accessible playground in his name With grants to other parks in area
 
   / How to spend your legacy? #17  
With out doubt humane society for us.
 
   / How to spend your legacy? #18  
If it’s a farm, and has been for centuries, why not leave it to an organization that continues to farm it? Maybe we should stop with the bird sanctuaries and start teaching the next generation how to farm?

I say make it into an Ag School.
 
   / How to spend your legacy? #19  
If it’s a farm, and has been for centuries, why not leave it to an organization that continues to farm it? Maybe we should stop with the bird sanctuaries and start teaching the next generation how to farm?

I say make it into an Ag School.
you hit the nail right on the head!

I would absolutely do the same thing. Farming needs a lot more support than any animal sanctuary and will benefit humanity as a whole far more too.
 
   / How to spend your legacy? #20  
you hit the nail right on the head!

I would absolutely do the same thing. Farming needs a lot more support than any animal sanctuary and will benefit humanity as a whole far more too.

And, as any farmer knows, farmland makes an excellent bird sanctuary.
 

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