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rcri.legacy [2019/09/30 13:44]
amycsj
rcri.legacy [2020/01/09 18:08] (current)
amycsj
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 ====== Religious Institutes Coming to Completion and Their Legacy ====== ====== Religious Institutes Coming to Completion and Their Legacy ======
-===== RCRI, October 3, 2019, Dallas Texas =====+
 ==== by Amy Hereford, CSJ, JD, JCD ==== ==== by Amy Hereford, CSJ, JD, JCD ====
  
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     * Legacy clause in a retirement trust     * Legacy clause in a retirement trust
     * Legacy trust     * Legacy trust
 +===== Planning =====
 +  - What assets does the group have, financial, real estate, trusts, etc? And approximate value.
 +  - What is the current purpose or use of those assets?
 +  - What would be the legacy use of those assets? And what might the timeline look like?
 +  - What is the best way to ensure that the assets are used for the current purpose, then dedicated to the legacy purpose?
 +  * Since there is quite a variation in those answers, the way of moving forward could be quite different. ​
 +
 +
 +|                ^ Asset         ^ Value      ^ Use/​Purpose ​ ^ Legacy ​    ^
 +^ Sisters Inc    | Land          | $$$        | Sisters ​     |            |
 +^ Sisters Inc    | Land          | $$$        | Ministry ​     |            |
 +^ Sisters Inc    | Investments | $$$                   ​| ​  ​| ​  |
 +^ Trust    |           | $$$        | Sisters ​  ​| ​    |
 +^ Retirement Facility ​   |           | $$$        | Sisters ​  ​| ​    |
 +^ Ministry ​   |           | $$$        | Ministry ​  ​| ​    |
 +
 +
 ===== Take Aways ===== ===== Take Aways =====
   * Plan ahead   * Plan ahead
Line 175: Line 192:
  
 ———. “Practical Guidelines for Aging Religious Institutes.” In //RCRI Bulletin//, 4–20. Silver Spring, MD: RCRI, 2015. ———. “Practical Guidelines for Aging Religious Institutes.” In //RCRI Bulletin//, 4–20. Silver Spring, MD: RCRI, 2015.
 +
 +———. "​Religious Institutes Coming to Completion and Their Legacy."​ Presentation at RCRI, October 3, 2019, Dallas Texas
  
 ———. [[http://​www.ahereford.org/​subscription/​post/​newsletter72 |“Transitioning Leadership.”]] //RLC Newsletter//​ 17, no. 2 (2017): 1–4. ———. [[http://​www.ahereford.org/​subscription/​post/​newsletter72 |“Transitioning Leadership.”]] //RLC Newsletter//​ 17, no. 2 (2017): 1–4.
rcri.legacy.1569876253.txt.gz · Last modified: 2019/09/30 13:44 by amycsj