Much of what our church is today is due to the generosity and vision of members of the church family who have left behind legacy gifts. By creating a legacy or life income gift, you will help to ensure that the word and teachings of Jesus will continue to shine brightly through our church for years to come.
For information about anything listed below, please contact Planned Giving Chair Suzanne Bloomer, (914) 337-0142, or Chief Operating Officer Alan Zanzano, email@example.com or (914) 337-6776, ext. 117.
Your will or living trust: You can leave to the church a specific dollar amount, a particular asset or a percentage of assets in your estate or trust.
Your retirement plans: You can name the church a beneficiary of your IRA, 401(K) or other qualified retirement plan. (This is simple to do, using the beneficiary designation for supplied by your plan trustee.) Beneficiary designation forms can be changed at any time.
Life insurance: You can name the church a beneficiary of a life insurance policy. (This is also simple to do, using the beneficiary designation form supplied by your plan trustee.) Your beneficiary designation form can be changed at any time.
Bank or brokerage accounts: You can title (or retitle) a bank account as POD (payable on death) to the church. And you can title (or retitle) a brokerage account or stock certificate as TOD (transfer on death) to the church. Your bank or broker will provide simple paperwork to complete.
Life Income Gifts: These enable you to enhance your own income and/or provide enhanced income to others while supporting the church. They also provide significant income tax and capital gains tax savings.
Charitable gift annuity: You will receive a set dollar amount each year in exchange for a gift of cash or marketable securities to the church. Your annuity payments can begin immediately or be deferred until a future date, increasing your annuity rate.
Charitable remainder trust: Your payout will depend on the type of charitable remainder trust you create and the percentage payout you choose. Since appreciated assets that you donate to your trust can be sold without immediate capital gains tax, charitable remainder trusts are a great way to convert appreciated securities, unencumbered real estate, or valuable collectibles into an income stream for life or a term of years.