Baptist and Reflector
FRANKLIN — The Tennessee Baptist Mission Board and Tennessee Baptist Foundation have launched “Operation Legacy” to assist pastors in developing their wills and in estate planning.
TBMB and TBF have partnered with PhilanthroCorp, a national will and estate planning firm based in Colorado Springs, Colo., to provide Tennessee Baptist pastors with confidential estate planning services.
There is no charge to the pastor for the services of PhilanthroCorp, but the pastor will need to pay an attorney for the final documents.
Bill Gruenewald, president of TBF, noted that like many people, pastors tend to procrastinate when it comes to their wills and estate planning.
Bill Gruenewald
“This is a very, very important task,” Gruenewald said.
“If you do not have a will and estate plan in place that protects your family and protects your estate from unnecessary taxation or if your plan is out of date, you need to take action and correct this situation,” Gruenewald continued.
He added that a proper will and estate planning will accomplish three goals:
• Provide for financial and guardianship needs for all dependents.
• Transfer your estate in a tax efficient manner with the least amount of heartache, cost or delay.
• Transfer your assets to individual and charitable beneficiaries.
“Christian stewardship of our resources extends beyond our lives here on earth” observed Randy C. Davis, TBMB president and executive director.
“We are excited about this opportunity to partner with the Foundation to provide this benefit to Tennessee pastors. Providing this model of Christian estate planning for our churches through their pastor will provide long-term benefits to the Kingdom of God,” Davis said.
Davis noted there will be no sales commissions or high pressure sales pitches from PhilanthroCorp. The only cost is the drafting fee of the individual’s own attorney or one recommended by PhilanthroCorp., if requested, he added.
For more information, contact TBF at tbf@tnbaptist.org or 615-371-2029. B&R
