2006 GBC Annual Meeting Minutes - Resolution 406

BY: SUN STAFF

June 7, MAYAPUR, INDIA (SUN) —

406. Last Wills for ISKCON Leaders
[Guideline]

Whereas ISKCON members and leaders are naturally passing from this world, and ISKCON leaders sometimes, personally or otherwise, hold ISKCON assets;

And whereas, many ISKCON sannyasis, gurus, GBC members, temple officers and others who handle ISKCON assets do not have wills making clear their intention that the ISKCON assets that they handle shall remain the property of ISKCON after their demise;

And whereas, such a situation is a potential source of confusion in the future;

Therefore, it is resolved: That all ISKCON sannyasis, gurus, GBC members, temple officers or others handling ISKCON assets, movable or fixed, are recommended to write a will insuring that all ISKCON assets under their care remain w ithin ISKCON. Each person w ill take a full inventory of all assets gained through his or her ISKCON service while an ISKCON member. Assets obtained via employment or inheritance are exempt. If an asset was inherited as a result of one’s ISKCON service or because of being an ISKCON member, that asset shall be passed to ISKCON. The w ill shall identify each asset, its location, how it is maintained, and w ho is maintaining it. Furthermore, it shall state who has access to the asset and who the beneficiaries shall be upon the demise of the said member. Local legal advice is best sought to ensure maximum security of all assets.