Caring for the future
People have been leaving gifts to their church
in their Wills for centuries. Often, these gifts are
transformational – helping to build new churches (or restore existing
ones), train clergy, fund youth and outreach ministries and generally
contribute to the unfolding Christian story throughout the world.
Leaving a bequest is one of the easiest and most satisfying ways
of supporting your church. You give away none of your money now;
only when you no longer need it yourself is it put to work in the
service of God's work on earth.
Types of bequest
There are many different types of bequest, allowing you to choose
the option most suited to your circumstances. For example, you
may choose to bequeath
- A specific sum of money
- A percentage of your estate
- The residue, or a percentage of
the residue, of your estate (the part that is left after all
other obligations and bequests have been paid)
- Assets or specific
items, such as your home, stocks & shares, motor vehicle, boat,
jewellery, etc.
- The proceeds of a life
insurance policy
If you are leaving a bequest to a specific church, it's best to
make an unrestricted gift. This allows for the gift to be used
wherever the need is greatest at that time. Such a gift can also
lead to considerable savings in estate duty, since gifts to your
church or other public benefit organisations are usually tax deductible.
To ensure the correct legal wording is used, and the most appropriate
form of bequest is chosen, it's best to seek the advice of a
suitably qualified professional – your lawyer, banker or
whoever holds your current Will.
If you do decide to leave a bequest to the Diocese, your parish
or church, please let us know. We value the opportunity to thank
you personally and plan with you how best the gift might be put
to work.
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