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Latest News Tag: Planned Giving

April 2, 2014

Why It’s Important to Have a Will…

  Every adult should have a will to provide for their family and loved ones upon their death. Otherwise, state law will determine how assets are distributed — and that might not be in accordance with your wishes and sometimes creates extra expenses and taxes. Establishing a will not only allows you to have the control over how your assets will be handled, but it also gives you the ability to extend your Christian stewardship beyond your lifetime. Whether that is providing for special family needs, business decisions or directing money towards Kingdom purposes. Every good estate plan begins with a will but each individual plan will vary according to specific situations. Contact your estate-planning attorney to find out how your estate could benefit from proactive planning. To learn more about Planned Giving, contact Andrew Gerber at 309.747.4546.  Or learn from the highly recommended financial advisors at The National Christian Foundation & Everance. “One … Continue reading

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February 10, 2014

Leaving a Legacy {Planned Giving}

When it comes to charitable giving, most of us think in terms of giving cash to our favorite charities. This is ironic because according to the IRS, a person’s net worth is made up of about 10% cash and 90% non-cash assets. What if we could give more to charity without having to drastically change our personal lifestyle expenses? What if we could take advantage of planned gifts even before we pass away? You can! It’s called asset-based giving. You can do this through organizations such as the National Christian Foundation (NCF, nationalchristian.com). By donating non-cash assets such as stocks, real estate, or business interest before the sale, you can: Reduce taxes. Save more. Give more to Kingdom work. In a recent interview, Lifesong Board Member, Bob Hoerr commented, “I want to encourage anybody who is thinking about how best they will leave a legacy for the work of the … Continue reading

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