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Q: What are the best giving options to consider in these economic times?

A: Depending on your goals and situation, there are several opportunities that may stretch the value of your gift and/or reduce your taxes.

Sharing Your Estate Plan With Your Loved Ones

Q: Our kids are wondering what’s included in our wills. How do we begin the conversation?

A: It’s wonderful that you are proactively considering how you can communicate your plans to your children! Too often, people avoid these conversations – creating opportunities for confusion, angst, disappointment and chaos.

Q: What kinds of gifts can I give in exchange for life-income payments?

A: There are a variety of gifts you can give in exchange for payments for life.

Q: How can I give to my church in my will?

A: One easy way to accomplish this is by giving through Barnabas Foundation. Once you’ve designated Barnabas Foundation as the beneficiary in your legal documents, you can then tell us how funds should be distributed to your church and the other ministries close to your heart.

How much do people give in their wills or trusts?

There is no one-size-fits-all guideline. However, many families consider one of three giving models:

Some people allocate a certain percentage of their estate toward ministry, such as 10 percent to reinforce the biblical concept of tithing

Q: What are my options for an executor of my will or a trustee of my trust?

A: You have a variety of options when it comes to making this important decision:

Question: I would like to give farming equipment in a way that benefits both my church and my favorite ministries. What’s the best way to accomplish this?

Answer: The Stewards Fund (Barnabas Foundation’s donor-advised fund) provides you a streamlined solution for giving to multiple ministries. You can give property and/or cash into a single charitable giving account, and then you can recommend grants be made from that account to your church and other favorite charities.