Planned Giving

Ensures the continuance of Chalfont UMC's mission

MEMORIAL GIFTS & LEGACY GIVING

MEMORIAL GIFTS

 

LEGACY GIVING

Through a planned future gift

 

Aging prompts us to reflect on the aspects of life that are most important to us.We all want to leave a legacy, to make a difference in the lives of those we leave behind.How are we planning for the future? Writing a Will is a key way to document your future wishes and ensure the ones you love are provided for. In addition to our children, we can include charitable gifts in our Wills to people and causes close to our hearts, allowing us to pass on the principles and values that mattered to us during our lifetimes. A gift in your Will to Chalfont UMC, no matter how big or small, is a wonderful way to support our future contiuence in this community. Pass on something wonderful’ by considering leaving a gift in your Will to the Church. Remembering Chalfont UMC in your Will ensures that the mission you have so faithfully supported will continue into the future.  Your gift can create a powerful legacy for generations to come. Make a lasting impact

 

There are many ways to include a gift to the Church in your Will. The following is the suggested language for making a gift in your Last Will and Testament to your church. It is quite simple and with the help and guidance of your legal advisor and your family, it can be customized to meet your specific giving needs and legacy goals.

 

Three general choices are available, an “Outright Gift”, a “Residuary Gift”, or a “Contingent Gift”.

-          Outright - “I hereby leave 10% of my estate to _________ UM Church.”

-          Outright- “I hereby leave $_______ of my estate to _________ UM Church.”

-          Residuary – “The residual assets of my estate are to be divided in half, with one half to ____________ and the other half to ________ UM Church.” (can be any specific percentages)

-          Contingent – “I hereby leave $5,000 to my great niece for her college education. In the event she has completed college at the time of my death, the bequest shall be given to ______ United Methodist Church.”

  

"Planned Gifts"  can be revocable—a charitable bequest in your will, for example—so that you can change your mind at any time. Or, they can be irrevocable—just as outright gifts are—so that you benefit from an immediate income tax deduction. The attraction of irrevocable planned gifts is that they are deferred. You part with an asset today, but the actual giving of the asset to the church is put off for a while—often until after your lifetime (and that of a surviving beneficiary, if you wish). Until that time, you receive benefits from the gift.

 

For example, with a charitable remainder trust, you receive lifetime income from the asset after it’s placed in a trust, and then the church receives the remainder of the trust after you die. Or, you could deed us a remainder interest in your home and still retain the right to live in it for life. At any rate, the key feature of planned gifts like these is that they provide the donor important benefits, as well as the charitable organization.

You may additionally include your church as a beneficiary of your Retirement Plan (IRA, 401k, 403b, etc.) or as a named beneficiary of a life insurance policy.

 

It is very kind of you to remember us in this way and every gift makes a difference. Thank you for ensuring our church can continue in ministry now and for generations to come.