Is God’s will in yours? As you consider what will become of your assets after your death, it’s important to know that there are many tax advantages for your family and estate that can come with making a planned gift to your church.
Wills and bequests are perhaps the simplest and most frequent type of deferred contribution received. In consultation with personal advisors, a donor simply includes the church in their will or estate plan for a specific amount, a percentage of the total estate, or for the remainder after prior obligations are fulfilled.
Other examples of future provisions you may consider include
- Life insurance policies
- Charitable Remainder Trust
- Charitable Gift Annuity
These forms of giving are usually arranged with the FCC Foundation which invest funds received as a part of a permanent endowment fund. Only income from the investments can be used to support the programs of First Christian Church to ensure ongoing support into the future. Charitable trusts, Charitable Gift Annuities, and other similar instruments provide income to the donor for their lifetime and perhaps beyond, while also making possible a contribution to the FCC Foundation endowment funds.