By: Bill Kear, Stewardship Team
Come, you who are blessed by my Father, inherit the kingdom prepared for you from the foundation of the world. (Matthew 25:34)
Planned Giving
What a marvelous statement! Before He created anything God willed to bless us with an imperishable inheritance that was made manifest by the person and work of Christ Jesus. That’s what you call Planned Giving.
What about us? Planned gifts take forethought. Some build giving into their budgets. Some conscientiously avoid ‘living on the edge’ so they’re in a position to bless others. Some make regular deposits into their children’s or grandchildren’s 529 accounts.
For those that have the financial means, the following Planned Giving strategies are ways to bless Hebron’s ministry now, in a few years or at death. Please confer with your legal counsel and/or tax advisor.
1. Donations of appreciated publicly traded securities - A contribution of appreciated assets such as stock may help reduce the impact of taxes, resulting in a larger gift to Hebron. You will not have to sell the securities and will not incur any capital gains tax.
2. Qualified charitable distributions (QCDs) - Individuals 70½ or older can make QCDs from traditional, rollover, or Roth IRAs directly to Hebron. Such distributions are not taxable and can be used to satisfy Required Minimum Distributions.
3. Designate Hebron as a beneficiary on a life insurance contract or IRA account.
4. Make a specific bequest to Hebron in your last will and testament.
If you have complex assets like real estate or mineral interests with which to bless Hebron, or want to explore more sophisticated giving strategies to bless both family members and Hebron, Henry or Jerry can help direct you to obtain additional information.
