We offer our donors the ability to consider Episcopal Charities in their estate planning. The simplest way to provide a permanent source of support for Episcopal Charities is through a bequest in a will or other charitable vehicle.
Your gift to Episcopal Charities can provide income and tax benefits for you, as well as for your heirs. By including Episcopal Charities in your estate plan, you may redirect dollars that otherwise would go to pay estate taxes toward making a critical difference in the lives of those in need throughout Southeast Florida.
Episcopal Charities Offers the Following Planned Gift Options:
Bequests: Bequests are the simplest of planned gifts. A bequest can be unrestricted, which means that your bequest is intended for Episcopal Charities general operating use and at the direction of Episcopal Charities board of directors, or you can make a designated bequest and direct your gift to a particular program or ministry within the diocesan area.
Appreciated Assets: The gift of an appreciated asset enables the donor to avoid possible capital gains tax on the value of the gift and still take the present value as a charitable gift deduction in the year of the donation.
Gifts of Life Insurance: Often as life circumstances change, people find that they have surplus life insurance that is no longer necessary. A gift of life insurance can provide tax advantages and is an easy method of supporting or providing support for the poor and the needy.
Gifts of Retirement Assets: These gifts can be the most heavily taxed part of your estate with only as little as 20%—30% actually being passed on to your heirs, and therefore should be considered possibly as a part of your gifting, estate planning strategy.
Charitable Lead Trust and Charitable Remainder Trust: Charitable lead trusts and charitable remainder trusts are important planning tools for passing on highly appreciated assets to your heirs and reducing capital gains taxes on the transfer.
Charitable Gift Annuity: In exchange for your contribution, Episcopal Charities will make payments based upon the value of your donation for life to one or more beneficiaries. Returns on gift annuities exceed the returns on traditional commercial fixed income investments, such as certificates of deposits and money market funds.
If you have already included Episcopal Charities, your parish or the diocese in your estate plans, please let us know. We would like to assist you in making certain your intentions will be carried out. If you have not yet written a will or updated it for some time, regardless of your charitable intent, please consider doing so sooner rather than later.
Planned Gifts Contact:
Elizabeth Smiley
Business Operations Director
Office: (561) 799-6424
Mobile: (561) 596-6897
Email:
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