Planned and Legacy Giving is a term which refers broadly to gifts made today, for actual delivery to a charity at a future date, often after the span of a life. That date is uncertain because “no one knows the length of a life,” and death or some other life event is very puts plans into effect. This requires a plan and very often that plan can create an enduring legacy for the Church of The Covenant.
A Bequest is the simplest kind of planned gift. A bequest is the term for naming beneficiaries in Wills. Wills are written during life to provide for settling financial details after death. Naming the Church of the Covenant in a Will today, provides a gift to the Church to be received when the estate is finally settled. Wills and bequests in them are useful in meeting a variety of planning goals. For additional information, READ more>>>
A Gift of Life Insurance can have a role in planning a gift. READ more>>>
IRA Charitable Rollovers can also have a role in estate planning. READ more>>>
There are many other forms of planned gifts which future pages will describe.
Some those gifts can come from:
Retirement Plans, Trusts (of many kinds), and even gifts which can return life-time income to the giver or family generations.
If you would like to consider a planning a gift from your estate, please contact the Church. Church officers are happy to work with your legal advisors. As always, the Church of The Covenant suggests that these advisors are in the best position to assure you every advantage to be gained from your gift.