Planned Giving

Did you know that you can give appreciated assets (such as stock) to the church at market value without either you or the church paying Capital Gains Tax? In addition you receive a charitable deduction equivalent to the gift for the year of the gift.

Did you know that you can also make a gift to the church to be placed in a lifetime annuity fund which can return you and one other person 5% to 7% income as long as you both (or either) shall live. The church receives the remaining value of the annuity when the second person dies. In addition, you also receive a charitable deduction the year you make the gift. This deduction will, however, not be for the full amount. The deduction is reduced by a percent determined based upon your age at the time of the gift.

Want more information on these programs? Please see the sign up sheet posted in the hall.

Charles Bohrer
Stewardship/Finance Commissioner

Previous Stewardship messages: