Gifts From Your IRA
Article Type: Ask a Planner
Q: Should I give to my church from my IRA?
A: If you are 70 ½ or older, the now-permanent IRA charitable rollover is a smart and powerful way to give to your local church.
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Giving Options for Life Income Arrangements
Article Type: Ask a Planner
Q: What kinds of gifts can I give in exchange for life income payments?
A. Surprisingly, there a variety gifts you can give in exchange for payments for life – everything from cash, publicly traded appreciated stock, real estate that has grown in value, farm machinery that is paid for and depreciated, and commodities such as grains, fruits or even livestock.
Gifts That Pay Income
Article Type: Ask a Planner
Q. I’ve heard there are ways I can give to ministry and receive income for life. Is that true?
A. Yes! Through a life income gift, such as a charitable gift annuity or a charitable remainder trust, you can support the important work of your church or favorite ministry AND receive payments for life.
Choosing an Executor for Your Will
Article Type: Ask a Planner
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.
Do I Really Need a Will?
Article Type: Ask a Planner
Q. Do I really need a will?
A. For many Christians, a will is an expression of their belief that God owns everything and wants us to manage the resources entrusted to us.
Should I Give My Stock to Charity?
Article Type: Ask a Planner
Q. Should I give my stock to charity?
A. If you have stock that you’ve owned for at least a year and it has increased in value, this is much more cost effective than giving cash. You’ll receive a tax deduction for the fair market value and avoid paying capital gains.
How Do I Leave a Gift for My Church in My Will?
Article Type: Ask a Planner
Q. Why should I consider leaving a gift in my will?
A. Your will (or trust) is your final act of stewardship and care. Through it, you can take care of your loved ones, model a legacy of generosity and ensure your favorite ministries continue to make a difference well beyond your lifetime.
How Often Should I Update My Will?
Article Type: Ask a Planner
Q. Are there any life milestones when I should consider updating my will?
A. People commonly update their wills at important life occasions, like having a child or losing a loved one. But there are other subtle transitions that have implications on your estate plans.
Income for Life
Article Type: Ask a Planner
Q. I want to support my favorite charitable causes, but I also need income. How can I accomplish both of these goals?
A. Lifetime income gifts are powerful, tax-wise gifts that enable you to support your favorite ministries while securing lifetime payments for you and your loved ones.
Charitable Gift Annuities
Article Type: Ask a Planner
Q. How much income will I receive from a charitable gift annuity?
A. It depends on your age and the original gift amount. Each year (or quarter) you’ll receive a percentage of your original gift.