Planning today to advance your legacy of tomorrow
Planned, or deferred, gifts provide creative and flexible strategies for your estate and charitable planning. Some planned gifts provide income, and many of them reduce your taxes. The greatest benefit, however, lies in knowing you are supporting the mission and ministry of Living Hope International (LHI) as a reflection of your Christian faith and out of gratitude for God’s many blessings.
“The earth is the Lord’s, and everything in it; the world, and all who live in it.” Psalm 24:1
WHAT: A wide range of planned giving options are available depending on existing assets, their organization and management.
HOW: Contact us today at 1-651-315-2135 or by email at Accounting@LoveHopeMercy.org and we will help ensure you have the information and resources needed to maximize the potential and peace of mind of your giving.
WHEN: Now is the perfect time to plan for the future. By putting your wishes into motion today, it will ensure your intentions are clearly defined when the time comes to take effect.
WHY: A lack of planning can lead to reduced impact of gifts due to added fees, taxes and consultation. Making the most of your gifts will make a powerful impact for the Gospel and the valuable work of LHI today, and for future generations.
Gifts that Pay Income
With careful planning, you can provide yourself or someone else annual income while providing meaningful support to LHI.
Charitable Gift Annuity: In exchange for a gift of cash, stocks or other assets, by contract, you or a loved one receive fixed income at an attractive rate of return. A portion of the gift will benefit LHI.
Charitable Remainder Trust: You contribute assets to an irrevocable trust. These assets are invested by you, and you or a loved one receive income from the trust.
The remaining assets benefit LHI.
Benefits of Income-Producing Gifts
- Receive income payments
- Obtain a charitable deduction for a portion of the value of the gift
- Save on capital gains taxes when you contribute appreciated securities
- Convert low- or non-income assets into a gift with an attractive income stream
Gifts During Your Life
Maximize Kingdom impact, save taxes and experience the joy of generosity during your lifetime.
Outright: In addition to cash, you can make an outright gift of real estate, a paid-up life insurance policy or other property of value directly to LHI.
Stock: If you currently write checks to support LHI, and have appreciated stocks or mutual funds, you can significantly reduce the cost of your gift while giving more by gifting stock before the sale.
Charitable IRA Rollover: If you’re over 70½, you can make a tax-free distribution from your IRA to LHI.
Donor-Advised Fund: Instead of writing checks directly to LHI, you can manage ALL of your charitable giving with a Donor-Advised Fund – which works like a charitable checking account. You give assets into the Fund (cash, stocks, real estate, etc.), receive an immediate income tax deduction, and then recommend grants to your church and LHI when timely. This is a great tool for windfalls, inheritances and year-end business profits.
Benefits of Lifetime Gifts
- Receive an immediate
- Tax deduction
- Save on income, capital gain, gift and/or estate taxes
- Experience the joy of the gift being put to good use during your lifetime
Gifts Upon Death
These gifts ensure future generations will benefit from your generosity and legacy.
If you make annual gifts and wish to continue support after your lifetime, you can arrange an endowed gift through a Donor-Advised Fund or your trust.
Life Insurance and/or other Retirement Assets: You can name LHI as the beneficiary of a life insurance policy or retirement account (i.e. IRA, 401k, etc.).
Benefits of Gifts at Death
- Distribute your assets according to your wishes
- Save on estate taxes with proper planning