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putting the pieces together
by David Brown
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THE FREE WILL BAPTIST FOUNDATION offers planned giving services to every
Free Will Baptist. Many laymen have utilized our services through the
years to arrange their estate. The goal of planned giving is to help donors
plan their estates and charitable giving in ways that benefit both
family and FWB ministries.
The federal tax code includes several trust and gift agreements that
are used to make these planned gifts to ministries while providing
tax benefits for donors. Therefore, the study of planned giving is two-fold.
It involves knowledge of people and their needs as well as knowledge of
taxation and the gift agreements available to fill those needs. Let the
Foundation help you put all the pieces together.
Download a FREE BROCHURE to learn more about how the Free Will Baptist Foundation can help you.
Consider the following popular options for effective giving:
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CHARITABLE GIFT ANNUITY - Gift annuities offer guaranteed
high fixed rates. Some of
the annuity is considered
return of principal,
so a portion of the
payment is tax-free
income. Therefore,
the effective rate of return
on these instruments is quite high.
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BEQUEST - The concept of tithing on your estate is
appealing, and yet many of us do not
know how much of our estate we will
need. A bequest of 10% of the value at
death insures that you will tithe
on your estate and at the same time
take care of your retirement needs.
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CHARITABLE
REMAINDER TRUSTS - Many individuals have made gifts of highly appreciated properties like stock or fully depreciated real estate to fund these arrangements. Through a remainder trust, it is possible to avoid all capital gains.
When the funds are reinvested in a balanced portfolio of stocks and bonds,
many times the income is higher and in many cases
the trust grows providing inflation protection and
more funds available for ministry.
For more information about the Free Will Baptist Foundation, call (877) 336-7575 or visit www.fwbgifts.org.
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