LEGACY GIVING

One gift can change everything.

With the generous gift of just one family’s legacy blessing, the entire way this organization is able to do things was changed. Because of this selfless gift, the Kingdom of God was significantly impacted. Do not underestimate what can be done with your gift after you have gone from this earth!

A

re you planning to leave a legacy? Your careful planning can ensure that your estate will continue to be a blessing long after you go to heaven.

Here are some examples of how your generosity can continue to make a difference in the years to come.

Give a gift of retirement assets, such as Pension Plans or Individual Retirement Accounts (IRAs). By giving you may be able to eliminate taxes that might otherwise consume these assets.

Give a gift of life insurance. Gifts of policies or proceeds you may no longer need offer excellent tax benefits.

Include a gift to Mission Cry in your will or your living trust.

Establish a trust with Mission Cry as the beneficiary. Putting your assets into a trust helps you avoid probate court. By making Mission Cry the beneficiary of a living trust, you can receive significant tax benefits now, continue to receive a yearly income until your death, and be a blessing to the kingdom of God, all at the same time. Ask your lawyer or tax professional for more details.

Consider donating stocks to help us lead people to Jesus. When appreciated securities are donated, you are entitled to a deduction for the full value, not just the original cost. This gives you a tax deduction based on the “paper profits” you have not yet realized. Alternatively, if securities have decreased in value, consider selling them, thereby creating a loss for tax purposes, and making deductible gifts of the cash proceeds. If you transfer your stocks directly to a charity they are not subject to capital gains tax, plus you get a charitable tax credit. However, if you sell them and then donate the proceeds they are subject to capital gains (though you still get the tax credit).

Suggested Methods and Wording For Remembering Mission Cry in your Personal Will:

  • “I give, devise and bequeath $ _________ to Mission Cry, PO Box 356, 200 Free Street, Fowlerville, MI, 48836, for its corporate uses and purposes.”

  • “I give, devise and bequeath ________ % of my Estate to Mission Cry, PO Box 356, 200 Free Street, Fowlerville, MI, 48836, for its corporate uses and purposes.”

  • This gives the charity all or a percentage of what remains of the estate after paying debts, taxes, expenses and other bequests.

  • “All the rest, residue and remainder of my Estate, both real and personal, whatever situated, I give, devise and bequeath to Mission Cry, PO Box 356, 200 Free Street, Fowlerville, MI, 48836, for its corporate uses and purposes.”

  • “I give, devise and bequeath my shares in XYZ stock to Mission Cry, PO Box 356, 200 Free Street, Fowlerville, MI, 48836, for its corporate uses and purposes.”

Neither the author, nor this organization is engaged in rendering legal, investment, or tax advisory services. This information is of a general nature only, does not constitute legal or financial advice and should not be relied upon as a substitute for professional advice. State laws govern wills, trusts, and charitable gifts made in a contractual agreement. Mission Cry strongly cautions you to seek appropriate legal, estate planning, and financial advice before deciding upon your course of action.