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Planned Giving
Gifts made through a will, charitable gift annuities, life insurance, and
numerous other options continue a legacy of giving in the years ahead. Some
people seek to share blessings through giving methods that take into
consideration their financial, tax, and estate planning objectives.
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Wills. If
you plan to make a charitable gift by will, please think it through
carefully. Then, meet with your attorney to discuss and update your will.
Tell him or her exactly what you want to do. Be as clear as possible in
describing what you want given to whom.
- Charitable Gift
Annuities. The concept of the charitable gift annuity in
dates back to the 1870s, when a parishioner first donated a valuable asset
to a church in exchange for a flow of income. Today, the concept includes
valuable tax benefits for donors. But perhaps more valuable than the
financial advantages is the satisfaction donors gain by helping to
continue the mission and good works of Children's Restoration Network.
- Life Insurance.
You can donate a life insurance policy to us or simply name us as the
beneficiary. For the gift of a paid-up policy, you will receive an income
tax deduction equal to the lesser of the cash value of the policy or the total
premiums paid. To qualify for the federal charitable contribution
deduction on a gift of an existing policy, you must name us as owner and
beneficiary.
If you would like to learn more about these and other
different types of planned giving,
please contact Cliff Kinsey at 770.649.7117.
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