There are many benefits if you leave a bequest to Saint Matthew Church:
- It doesn’t cost you anything today
- A bequest is free of federal and estate tax.
- You can leave a legacy through a bequest.
A bequest is a written statement in a donor’s will directing that specific assets, or a percentage of the estate, will be transferred to charity at the donor’s death. Giving through your will is the most popular way to make an estate gift and one of the most significant ways donors can benefit Saint Matthew Church. Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate, or personal property.
Consider this sample language:
I add the following paragraph to Article ___________ of my Last Will:
(a) I give the following to Saint Matthew Catholic Church Franklin, Tennessee an unincorporated religious association. • The sum of $__________________ [amount] AND/OR • _________% [percent] of the residue of my estate AND/OR • The following described property: [description]
Retirement Plans and IRAs
This gifting opportunity merely involves obtaining a beneficiary designation form from the retirement plan administrator of a 401(k), 403(b) or traditional IRA and naming Saint Matthew Church as the entire or partial beneficiary of the retirement plan assets upon the owner’s death.
Donors may give an existing policy, either fully paid or partially paid, or a new policy. Similar to a retirement plan designation, the proposed gift to Saint Matthew Church is accomplished by naming Saint Matthew Church as a beneficiary of the policy on the beneficiary designation form. Upon the donor’s death, Saint Matthew Church will receive all, or a portion of, the proceeds from the policy.
If you would like more information on how to make a Bequest or help in Planned Giving, please contact our Business Manager, Vince Winterland at firstname.lastname@example.org.