What is an Estate Plan?
As a steward of God’s resources, it is important that you use your assets to their fullest potential during your lifetime, both in caring for your family and in serving the Lord. On a personal level, estate plans provide for your loved ones and help you avoid unnecessary taxes. At the same time, they help support ministries like Grace Academy.
Because none of us can know when the Lord will call us home, this task carries some urgency. But it is easy to put off. The absence of a plan can have a devastating impact on your estate–and your loved ones. A proper estate plan should accomplish the following:
- Express God’s plan of stewardship
- Provide for your dependents’ financial and guardianship needs
- Transfer your assets to your loved ones and charitable beneficiaries
- Manage your estate in a tax-efficient manner with the least possible heartache, cost or delay
How to Have a Lasting Impact at Grace Academy
We ask that you consider making Grace Academy part of your estate plan. By graciously including the school in your estate plan you richly impact lives for eternity. Here are 10 ways to have a Lasting IMPACT:
- Prepare a will, or amend your will, to leave a gift to GA.
- Use securities, real estate or other assets for your charitable gift to GA.
- Name GA as the beneficiary of your IRA or pension plan.
- Purchase a “charitable gift annuity” naming GA as beneficiary.
- Name GA as the beneficiary of an existing or new life insurance policy.
- Use a “life estate agreement” to leave your home, farm, or vacation home to GA.
- Remember deceased loved ones with memorial gifts to GA.
- Encourage family members and friends to leave gifts to GA in their wills.
- Ask your financial advisor, accountant and attorney to include charitable giving as part of their counsel to other clients.