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Planned Giving is another way
to donate to the New Life Evangelistic Center and leave a legacy
that reflects the values you held during your lifetime.
Your Retirement Plan: A Plan for
Giving
A good retirement plan is a must today. It
can assure financial security both for you and for your family.
The assets which you accumulate in your retirement plan can be
extremely valuable to you in your later years.
Retirement plans, however, are notoriously vulnerable to estate
and income taxes. Because of this, it can often be difficult to
pass your retirement assets on to your family after your
lifetime. Such taxes, in fact, can claim nearly two-thirds of
your entire retirement plan, leaving surprisingly little – only
one third – for your loved ones.
As such, many choose to avoid these taxes – or the great bulk of
them, at any rate – by bequeathing* their retirement funds to
charitable organizations like New Life Evangelistic Center. In
doing the same, you can often avoid such estate and income
taxes, meaning more money goes where you want it to go.
You can then pass on other more “tax-friendly” funds and assets
to your family. And thus, once again, your legacy is more
effectively passed on both to your loved ones and to the
charity/ministry of your choice.
For more information on how and whether the
bequest of a retirement plan would best serve you, your loved
ones, and the New Life Evangelistic Center, please contact your
attorney, or discuss such matters with a tax or investment
professional. NLEC always encourages you to seek the advice of
professionals when making any major financial decision.
*To “bequeath” or to
make a “bequest” …
means to give something to someone (or some institution) by
writing the wish to do so in one’s will. For more on writing a
will, see the basics by
clicking here |
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