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Gifts by Will

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Leaving a Legacy

Many donors would like to make a gift to Gospel for Asia, but must take into account special considerations. The most common concern is that a cash gift now will leave them short of future income. For these donors, a bequest is often the most realistic option for making a significant contribution while maintaining financial security for their future.

The most common types of bequests are:

  • Specific bequest, in which Gospel for Asia would receive a specified dollar amount or stated fraction of the estate.
  • Residual bequest, in which Gospel for Asia would receive all or a percentage of the remainder of a donor's estate after other specific bequests, debts, taxes and expenses have been paid.
  • Contingent bequest, in which Gospel for Asia would receive all or a share of the estate only in the event of the prior death of other named beneficiaries.
  • Trust remainder bequest, in which named beneficiaries receive income from a trust established in the will. Upon the death of the surviving beneficiaries, all or part of the principal will be gifted to Gospel for Asia.

How do I Make a Bequest?

If you are considering a major change in your current will, or if you are considering making a will, a bequest to Gospel for Asia is a simple inclusion. Please contact a PhilanthroCorp Estate Specialist for details, call 800-876-7958 ext 2127 (click here)

Importance of Estate Planning
Services | Our 4 Step Process | Contact Us

Information on this site is NOT intended for legal advice. See Disclaimer

 

©PhilanthroCorp Planned Giving






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