What are the benefits of making a bequest?
- You leave a lasting legacy to expand ministry
- You lessen the burden of taxes on your family
- You may receive estate tax savings
- Bequests are revocable you can change your mind at a later date.
How can I learn more?
How do I make a bequest?
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or United Methodist Foundation of West Virginia as part of your estate plan.
What are my options?
A bequest can be made in several ways:
- You can gift a specific dollar amount or asset
- You can gift a percentage of your estate
- You can gift from the balance or residue of your estate
- You can make a beneficiary designation of certain assets
- You can make a gift contingent on something else, such as being predeceased by your spouse or other beneficiaries
How a bequest funds ministry
As you begin to work with your estate planner to create your bequest, contact us. We can work with you to facilitate the details of the gift including the crafting of an Agreement with the Foundation that will provide us with instructions regarding the creation of an endowment to fund the ministry you choose.
How do I get started?