There are many forms of estate planning, such as memorials, that are wonderful ways to insure that you and your family leave a lasting legacy in your parishes and/or schools. There are a variety of options to give in this way. Please be sure to contact your parish or school office to discuss the different ways, such as:
Memorials - Memorial donations are simple ways to designate funds in remembrance of a loved one.
Bequests - A designated percentage or specific amount bequested in one's will.
Individual Retirement Account Beneficiary - A designated percentage of one's Death Benefit proceeds from a retirement account.
Life Insurance Beneficiary - A designated percentage of one's Death Benefit proceeds from a life insurance policy.
Charitable Life Insurance - A life insurance policy in which the individual is named the insured and the charity is the owner and beneficiary.
Charitable Gift Annuity - An irrevocable transfer of money, securities, or property in exchange for a contract to pay the donor an annuity payout for life.
Charitable Remainder Trust - A trust which provides annual payments to the owner and/or other beneficiaries and the remainder is used by charity.