Leave a Legacy — Planned Giving
A charitable bequest is one of the easiest ways you can leave a lasting impact on Pequea Church.
A bequest may be made in your will, trust, retirement account, or life insurance policy by directing a gift to Pequea Church.
Benefits of Your Bequest
- Receive estate tax charitable deduction.
- Lessen the burden of taxes on your family.
- Leave a lasting legacy.
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Pequea Church as part of your estate plan. Having and maintaining a will is the only way to guarantee that your final wishes are realized by your loved ones and your charitable interests. For a FREE Wills Guide click here.
A bequest may be made in several ways:
- Gift of a percentage of your estate
- Gift of a specific dollar amount or asset
- Gift from the balance or residue of your estate
Retirement Plans and IRAs
A retirement asset, such as an IRA account, makes an excellent bequest to us. If the IRA were given to your family, much of the value may be lost through estate and income taxes. By designating Pequea Church as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your custodian), the full value of the gift is transferred tax-free at your death, and your estate receives an estate tax charitable deduction.
Designate a gift by naming Pequea Church as a beneficiary of the policy on the beneficiary form. The donor is entitled to a charitable income tax deduction equal to the cash surrender value of the property and any future premiums paid only if the charity is named as the owner and beneficiary of the policy.
If you have already included Pequea Church in your estate plans, thank you. Please inform the Church of your gift so that we may acknowledge your generosity.
To learn more about planned giving opportunities, please contact Pequea Church by emailing firstname.lastname@example.org or call 717.872.5679.
A Bequest is more about Generosity than net worth.