What
Are My Options?
WILL
BEQUESTS
Bequests may be made in a number of ways; a percentage of
the total estate, a fixed amount, specific property, or a residual
estate; i.e. “all the rest and residue of my estate to St. Mary's
Ecumenical Catholic Church of Fort Lauderdale, Florida.” (back
to the top)
CHARITABLE
GIFT ANNUITIES
Annuities are gifts of cash or transferable securities,
which guarantee the donor a life income based on his/her age, and the
amount of the gift. The recipient of the gift assumes control of the
funds and/or securities, and becomes responsible for the payment of
the life income. This is a popular choice with donors because of the
security of the guaranteed income, but there are other benefits as
well.
-
Charitable Gift Annuity interest rates may be higher than what
your assets are currently producing.
-
You gain freedom from responsibility for investing your assets.
Once you have made your gift, its automatic. You can choose to
receive your check annually, semi-annually, quarterly, or monthly.
-
You get an immediate tax reduction. Part of your donation is
designated by the IRS as a charitable gift, and if you itemize,
you receive a tax deduction. If the full amount of the deduction
cant be claimed in the year you make your gift, the balance can be
carried forward for five years.
-
Because the IRS considers it a "return of principal,"
a portion of all your future annuity payments is tax free for the
years of your life expectancy.
-
If you fund your annuity with an appreciated asset, (something
that is worth more now than what you paid for it,) you can avoid a
large portion of the applicable capital gains tax.
-
A gift made now will remove assets from your estate, and
possibly reduce estate taxes and probate costs. (back
to the top)
BENEFICIARY
OF INSURANCE OR RETIREMENT ACCOUNT
You can easily arrange, through the beneficiary
designation form, for St. Mary's ANCC to be the
primary or partial beneficiary of life insurance benefits,
retirement accounts, IRA, or TSA funds. If you wish others to share
in these plans, you may specify an amount, or percentage, to be paid
to St. Mary's ANCC Catholic Church at the time of your passing. (back
to the top)
LIFE
ESTATE AGREEMENT
A personal home or farm may be given while reserving the
right to live in and use the property for a term of years, or for
life. You receive an income tax deduction now, and St. Mary's ANCC will receive your gift at the end of your life. (back
to the top)
GIFTS OF APPRECIATED PROPERTY
Real estate, securities, stocks and bonds are
excellent, tax-wise choices to use as gifts to St. Mary's ANCC. (back to the top)
MAKE
AN ONLINE DONATION
St. Mary's ANCC now accepts donations online through PayPal. To donate online press
the button below: (back to the top)
DONATE
WHILE SHOPPING
Like to
help St. Mary's ANCC? Go shopping!
That’s right, go head and buy something for yourself –– a new
CD, the latest bestseller, essentials like toothpaste or vitamins,
even a computer. But first you need to join iGive.com
to help St. Mary's ANCC. Every time you shop at one of
the over 240 name-brand stores in the Mall at iGive.com, we’ll
receive a donation of up to 25% of each purchase you make, at no cost
to you.
Remember, donating to St. Mary's ANCC won’t cost
you a thing. But we’ll
miss out on a lot of extra dough, if you don’t join. Membership is
free and your privacy is guaranteed.
(back to the top)
For more information please email us at: St. Mary's
ANCC |