A Little Planning Now Can Make a Big Difference for Generations to Come
Think of how long you have been a part of the St. Teresa of Calcutta, St. Clare or St. John community and what it has meant to you. Has it made a difference in your life? Maybe you or your children attended Christian Formation Classes (in the past, CCD) or were baptized or married here. Maybe you found strength and lasting friendships through one of our many ministries.
In light of your experiences, you can play a role in securing the future of your parish with a Planned Gift. A planned gift is a future charitable gift made by you naming St. Teresa of Calcutta Parish in your Will or Trust or as beneficiary of your life insurance or retirement plan. This bequest will be used to fund the future needs of St. Teresa of Calcutta Parish.
Build a Legacy, Ensure the Future
Almost everyone leaves behind an estate, whether it is a large house and investment portfolio, or simply an insurance policy and some cherished jewelry. Whatever the size of your estate, you should choose how you want it to be distributed – otherwise, the state’s laws will decide for you. If you want to benefit a beloved relative, a close friend, or a favorite charity, you make that happen by documenting your wishes in a Will or Trust. This is part of the estate planning process. Planned giving can be part of this process. Planned giving refers to various ways in which people can make charitable gifts through their estate planning. Planned giving enables individuals to make larger gifts than they could make from their income. The most common types of planned gift are a gift made to charity upon your death through a Will, Trust, insurance policy, or qualified retirement plan.
More on Planned Giving
Planned giving, sometimes called deferred giving, is a method of making a charitable contribution in which some or all components of the gift are only distributed, or have their ownership finally resolved, after some event or some period has passed. A well-designed planned giving program can allow charitable gifts to avoid estate taxes that may apply if the gift is instead included in the donor’s estate. Planning giving mechanisms can also provide benefits for the donor during his or her lifetime, including tax deductions.
Thank you for considering a Planned Gift to St. Teresa of Calcutta Parish. For more information, contact Teri Moseler at 262/966-2191