Gift Type |
Summary |
Goals |
Minimum |
Difficulty |
Next Step |
|
Now - Outright Gifts |
Cash |
An outright gift of cash provides the largest deduction from your taxable income. |
|
Any Amount |
Easy |
Your Discretion |
Stock/Appreciated Securities |
An outright gift made by transferring securities to your church, potentially provides both a tax deduction for the gift and avoidance of capital gains taxes. |
|
Any Amount |
Easy to Moderate |
To make the transfer, contact:
|
|
Real Estate |
A gift of real estate may be deeded outright to your church. The irrevocable gift of property may provide an immediate tax deduction. |
|
Any |
Complex |
Gather your team:
|
|
Retained Life Estate |
Retained life estate provides for a current gift of your property, and you retain the right to live in and use the property for the lives of you and your designee(s). |
Same as above plus:
|
Any |
Complex |
Gather your team:
|
|
Income - Gifts that pay back |
Charitable Gift Annuity |
An irrevocable gift of cash or securities where you receive a predictable fixed income for life. In exchange for your gift to the Foundation, you will receive payments for life and a portion of your gift may be made available immediately to support a mission or ministry you have selected or it could be distributed after your lifetime. |
|
$10,000 |
Easy to Moderate |
Go to the Presbyterian Foundation's Gift Calculator Consult with:
|
Charitable Remainder Trust |
An irrevocable gift of assets into a charitable trust that provides you a fixed (Annuity Trust) or variable (Unitrust) income for life or a set term. At the trust's termination, the trust assets become a generous gift to your church. |
|
$200,000 - varies |
Complex |
Go to the Presbyterian Foundation's Gift Calculator Consult with:
|
|
Charitable Lead Trust |
Income payments are distributed to your church for a set period of years, after which the assets are transferred back to the grantor or the grantor's beneficiary. |
|
$200,000 - varies |
Complex |
Go to the Presbyterian Foundation's Gift Calculator Consult with:
|
|
Later - Estate Gifts |
Wills and Bequests |
A gift to your church through your will (or revocable trust) enables you to retain the asset during your life and provide significant support when you no longer require the asset. You may choose a specific value, percentage or the residual value of your estate. Please let your church know your intentions. |
|
Any Amount or Percent |
Easy |
Make Will or Add Codicil Communicate with your church:
|
Retirement Accounts |
In some cases, retirement plans can be the best asset for a donor to leave to your church. Retirement assets can be taxed up to 70% upon inheritance. Naming your church as the beneficiary can avoid that taxation as assets can pass tax free to charitable organizations. You may reserve lower taxed assets to bequest to your heirs. |
|
Any Amount or Percent |
Easy |
Beneficiary Designation Form
Your advisor can help decide if this fits with your overall estate plan |
|
Beneficiary Designations |
Designate your church as a beneficiary of an account or policy. This is a simple and inexpensive way to remember your church in the future. Consider: INVESTMENT ACCOUNTS
BANK ACCOUNTS
LIFE INSURANCE
|
|
Any Amount or Percent |
Easy |
Beneficiary Designation Form
* Check with your advisor to assure that this fits with your overall estate plan |
Planned Giving information
Christian Estate Planning |
What is your testament? |
A Testament is your Preamble - a statement of your Christian faith in your will. It is a wonderful gift - an opportunity to leave your thoughts and parting words. In such a difficult time for your loved ones, this can be such a comfort and powerful re-assurance of your faith and belief in your witness of the resurrection. Your Preamble to your will can be as simple as your favorite Bible passage, a personal story or a quote. This very emotional time for your loved ones makes an opportunity for your words of faith to be their most powerful. It may an opportunity for someone to further seek or renew their own relationship with God. |
Personal Inventory Form |
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When to change Will or Trust |
You should consider reviewing and amending your will under the following circumstances:
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