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Giving Though My WillGifts made through a will or revocable living trust may be the most significant act of stewardship you will accomplish in your lifetime. Our Gift and Estate Design services is available to assist you in this process. We can partner with you to consider the people of your life, your property, your plans and priorities, and to work closely with your planning team (legal counsel, financial advisors, trust officers, insurance staff, and others). A charitable bequest is extremely flexible. Because it is not payable until death occurs, it can be modified during your lifetime to reflect your current commitments and goals. It does not affect your assets or cash flow while you are living. At your death, a charitable bequest or trust distribution reduces the taxable value of your estate for both federal estate tax and state inheritance tax (in most states). We hope that you will include Greater Europe Mission in your estate plan. We would be honored to invest your gift to continue reaching Europeans for Christ. The following examples are suggested to help you consider how best to word your intent: Leaving A Percentage Of Your Estate “I bequeath ten percent (10%) of my estate to Greater Europe Mission, to be used for the general purposes of the organization at the discretion of its board. Greater Europe Mission is located at 18950 Base Camp Road, Monument, Colorado 80132. Their Federal Tax ID Number is 36-234511.” Leaving A Percentage Of The Residue [amount for ministry after taking care of family and friends] Of Your Estate “I bequeath twenty percent (20%) of the residue of my estate to Greater Europe Mission, to be used for the general purposes of the organization at the discretion of its board. Greater Europe Mission is located at 18950 Base Camp Road, Monument, Colorado 80132. Their Federal Tax ID Number is 36-234511.” A Fixed-Dollar Gift “I bequeath Ten Thousand Dollars ($10,000) of my estate to Greater Europe Mission, to be used for the general purposes of the organization at the discretion of its board. Greater Europe Mission is located at 18950 Base Camp Road, Monument, Colorado 80132. Their Federal Tax ID Number is 36-234511.” We suggest using percentage wording for your will or trust to ensure that your plans remain in balance regardless of increases or decreases in the size of your estate. If you are considering designating your bequest to the ministry of a specific missionary or project, please contact us for advice. A Final Thought: A Family Member Called “Ministry” As you review the relationships in your life, your ministry giving can often represent some of the most important of these relationships. Today, as some donors prepare their wills and trusts, they divide their estates as if “ministry” were an esteemed member of their family. They set aside a portion equal to that of other family members and then divide that portion among the ministries that mean so much to them. Additional Information Do you need additional information? The following brochures or workbooks are available from Greater Europe Mission:
For further information and assistance, please contact Steve Hoffman of our Gift and Estate Design services. Phone: 1-800-436-4488 OR complete our Confidential Reply Form |
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