Sold! That’s the word repeatedly spoken by the auctioneer this past Sunday at Camp Lone Star in LaGrange, Texas. The event was the annual camp celebration. Activities included Bible study, outdoor worship (with indoor video projection for those who don’t do well in 90+ degree heat), delicious BBQ beef and pork with homemade noodles, followed by live and silent auctions.
Terry and I were there, along with a few hundred other folks. Soon after the auction began I told Terry that Lutheran Outdoors Ministry of Texas would most likely be the beneficiary of the greatly improved U.S. economy. That prognostication turned out to be quite accurate.
This year, for the first time ever, I dutifully recorded the winning dollar amount for each of the 116 items presented for bid. Only 115 items were actually sold. More about that later.
Monday morning I tallied the winning bids, which amounted to an actual total, if I recorded all those numbers correctly, of $52,080! That amount does not include the silent auction, worship offering, and other contributions. God be praised!
Not Sold! That’s what the auctioneer said about the only item that did not successfully solicit even an opening minimum bid. It was an estate planning program, valued at $800. No one offered the initial amount suggested by the auctioneer. When that suggested amount was lowered from $500 to $200, there still were no bidders.
Finally, the auctioneer simply instructed the camp staff assistants to pull that item off the bid list. It was simply not sold. No one was interested.
Intrigued, I pondered the fact that bidders had spent a total of $3,200 for four 15-packs of delicious homemade cinnamon rolls, $3,100 for a quilt and pillow case, $4,000 for a painting of Jesus (a priceless possession), $4,500 for a softball signed by camp staffers, and $1,000 for a wine basket. But nobody was interested in the estate planning package.
So I come to you with the fifth of seven estate planning myths: “Charitable estate planning advisors only want me to include the church in my plan, not my family.” I have no idea if that myth contributed to the lack of interest in the auction package, but it is certainly not true.
The Bible says: “If anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever.” 1 Tim. 5:8
Legacy Deo exists to help folks like you make plans to provide for your loved ones and, if you so choose, for your favorite charitable causes. We’re pleased to make available to you our electronic Wills Planning Guide. Request it at mailto:email@example.com or call (512) 646-4909.
Not sold! It’s free!