GIVING WHILE IN THE PRESENCE OF GOD Your careful planning can ensure that your estate will continue to be a blessing long after you go to heaven. Here are some examples of how your generosity can continue to make a difference in the years to come. 1. Give a gift of retirement assets, such as Pension Plans or Individual Retirement Accounts (IRAs). By giving, you may be able to eliminate taxes that might otherwise consume these assets. 2. Give a gift of life insurance. Gifts of policies or proceeds you may no longer need offer excellent tax benefits. 3. Establish a trust with Christian Resources International 200 FREE ST. FOWLERVILLE, MI 48836 (517) 223-3193 WWW.MISSIONCRY.COM
(Mission Cry) as the beneficia- 4. Consider donating stocks to ry. Putting your assets into a help us lead people to Jesus. trust helps you avoid probate When appreciated securities court. By making Christian are donated, you are entitled Resources International (Misto a deduction for the full valsion Cry) the beneficiary of a ue, not just the original cost. living trust, you can receive This gives you a tax deduction based on the “paper profits” BY MAKING MISSION CRY you have not yet realized. Alternatively, if securities have THE BENEFICIARY OF A decreased in value, consider LIVING TRUST, YOU CAN selling them, thereby creatRECEIVE SIGNIFICANT TAX ing a loss for tax purposes, BENEFITS NOW, CONTINUE and making deductible gifts TO RECEIVE A YEARLY of the cash proceeds. If you INCOME UNTIL YOUR transfer your stocks directly DEATH, AND BE A BLESSING to a charity they are not subTO THE KINGDOM OF GOD, ject to capital gains tax, plus you get a charitable tax credit. ALL AT THE SAME TIME. However, if you sell them and significant tax benefits now, then donate the proceeds they continue to receive a yearare subject to capital gains ly income until your death, (though you still get the tax and be a blessing to the credit). kingdom of God, all at the 5. Include a gift to Christian Resame time. Ask your lawsources International (Misyer or tax professional for sion Cry) in your will or your more details. living trust.
