Charitable Bequest
A charitable bequest is one of the easiest and most flexible ways to leave a gift to a church or ministry and ensure your legacy continues to support Kingdom work.
Charitable Bequest
Property
Donor's Family
Bapt. Causes
Benefits of a Charitable Bequest
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Leave a lasting legacy to a Christian ministry
How a Charitable Bequest works
A charitable bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust that specifies a gift to be made to family, friends, or a ministry as part of your estate plan. You can also make a bequest using a beneficiary designation form.
How the Georgia Baptist Foundation Can Assist You Make a Charitable Bequest
- Include a charitable bequest through the Georgia Baptist Foundation in your will or revocable trust
- Designate the ministry as a full, partial, or contingent beneficiary of your retirement account (IRA, 401k, 403b, or pension)
- Name a ministry as a beneficiary of your life insurance policy
A bequest may be made in several ways:
- Percentage Bequest - make a gift of a percentage of your estate
- Specific Bequest - make a gift by specifying a dollar amount or a specific asset
- Residual Bequest - make a gift from the balance (or residue) of your estate
Contact us
Our goal is to offer you the best, God-honoring solution for your financial legacy. If you have any questions about this or any other giving solution, please feel free to contact us. It would be our privilege to assist you and answer any questions you may have.
