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Legacy Gifts - Leaving a Legacy of Hope Through Planned Giving
|One of the greatest joys in life is sharing with our loved ones the
blessings the Lord has given us. We take great care all of our lives to
be good stewards of the resources we have been given. Unfortunately, we
often do little planning about how to pass these assets on to the people
and organizations that have blessed our lives.
We are offering Legacy Gift Services to assist you in this process. If you are already one of our faithful donors, we greatly appreciate your prayers and support for Childcare Worldwide over the years that have made our ministry possible. Now, we want to give something back by providing this information to you without cost or obligation. If you are considering including Childcare Worldwide in your giving plans, please get to know us by browsing our website and if you have any questions, feel free to give us a call at 1.800.553.2328.
Dr. Max Lange, Founder, President
||"Many Christians leave gifts to charity as a final statement of the importance Christ played in their life. Legacy gifts can play a valuable role in accomplishing this. They not only benefit the charity of your choice but can also provide many benefits to you and your family. Over the years, numerous friends of ours have chosen to leave legacy gifts, knowing they would reap dividends in the form of children’s lives for many years to come."
Here are few different ways you can leave a legacy of hope:
Bequests- The most common type of legacy gift is a bequest through your Will or Living Trust. The benefit of this type of gift is that you have use of your assets during your lifetime and provide for the gift from the remainder upon your death. We have a Will/Living Trust Information Kit we would be happy to send you.
Bank Accounts and Investments- This can be accomplished by either a “Payable Upon Death” clause on the account or naming the charity as “Beneficiary” at your death. Again, you have full access to all of your assets during your lifetime. This option enables the gift to go to charity and also avoids probate.
|Life Insurance- Many people
have life insurance policies that were taken out years ago for
protection for their families. If this protection is no longer
necessary, a gift can be provided by naming a charity the beneficiary on
the policy. It may even be possible to receive a charitable deduction
at the time this is done.
Donor Advised Fund- You receive a charitable income tax deduction at the time of the deposit. The account is in your name and you are the advisor. The fund grows tax-free; you can add to the account and advise what charities the funds are to be distributed to in the future.
Life Estate Agreement- Perhaps you have no children or your children already have their own homes and are not interested in inheriting your home. A Life Estate Agreement would give you a charitable income tax deduction now and allow you to live in your home for your lifetime. Upon your death, the charity immediately receives the property without any need for probate or estate settlement.
Gifts of Personal Property - Gifts of vehicles and other significant personal property provide you with a charitable income tax deduction for the value of the asset at the time it is donated.
Click here to request a Will/Living Trust Kit or if you have any questions.
This information is provided solely for educational purposes. For legal advice, please contact an attorney.
Childcare Worldwide (CCW), formerly, Childcare International (CCI) is a registered 501(c)3 non-profit organization. Contributions are fully tax deductible.