Legacy Giving

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Like good stewards of the manifold grace of God, serve one another with whatever gift each of you has received. 1 Peter 4:10

 

 

 

End-of-life plans—the Last Will and Testament and other estate plans documents—are important and significant to any individual’s goals because they will help direct legal entities concerning the distribution of funds that remain after death—your financial legacy.

Good plans streamline the legal process of transferring funds; the best plans match the goals and values of the individual with legal and appropriate documents.

For faithful people, the Last Will and Testament is a way to address the power of God in your life and provide gifts that will support the ministry of the Church for years and decades to come.

The gift may be a bequest in the Last Will and Testament bequest, Estate Plan beneficiary designation, a gift annuity in life or inclusion of ministry in a trust designation.

Legacy Gifts may come out of assets multiplied with planning rather than out-of-pocket funds. They may grow as interest earned on invested inheritance, for example, delivered over time, or come as a result of the growth of wise investments. An endowment in the family name is a wonderful gift that continues to give year-after-year by providing interest to the ministry while the principal continues to grow over time.

A presentation on Legacy Giving and the concept of End-of-Life Stewardship can be scheduled for small group Bible studies, congregations, and church council meetings by contacting the Gulf Coast Synod’s gift planner, Dr. Lizbeth Johnson who may be reached by email, lcjohnson@lfsw.org, or by calling (713) 775-1595. Dr. Johnson represents the Lutheran Foundation of the Southwest and helps individuals by recommending the most appropriate estate plan that accomplishes individual goals and maximizes personal resources and gifts to ministry.