A Word About Wills, Trusts and Codicils

By Edward A. Miller, Jr.‘66, LSAA Treasurer

I know a number of people, myself included, have left money to the LSAA
in their wills, trusts, or other legal documents. This advice, which I hope
will run several times in the Pen and Scroll in the coming months, is
designed to give you some basic advice which can benefit the LSAA in the
future.

As most of you know, we’ve established an LSAA fund, actually two funds,
within the structure of the Berkshire Taconic Community Foundation of
Sheffield, Massachusetts. We plan to “sunset”, or discontinue, our own
corporate entities with the Commonwealth of Massachusetts and U.S.
government an appropriate time. Any small LSAA monies remaining in the
administrative fund at that point would presumably be transferred to
Berkshire Taconic.

Your principal contact person at Berkshire Taconic is
Kelly Sweet (413-229-0370). She can give you instructions on execution
of documents and suggestions for giving, including suggested language.

If you are preparing a codicil (amendment) to a will or trust, you should
probably spend an hour with a lawyer…to make certain the codicil is
executed with the same formalities as the will or trust itself. Make sure the
codicil is kept with the will or trust…hopefully fastened together somehow,
so the will and codicil can be read in conjunction with one another.

The LSAA and Berkshire Taconic can also be beneficiaries of an IRA,
Keogh, or other retirement plan, or the beneficiaries of a life insurance
policy. So…several opportunities are out there!

Hopefully, this advice will send you in the right direction, and is helpful to
you going forward.

Thank you for your donations to the LSAA and Berkshire Taconic. Your
gifts will help sustain our heritage, hopefully in perpetuity.

Best wishes to all.

Edward A. Miller, Jr.‘66 2/2/26
6130 N. Via del Tecaco
Tucson AZ 85718
(520) 354-2664 (Nov-May) or (802) 505-4060 (June-Oct)
edwardmiller1947@gmail.com