Generally, an estate plan can utilize eight (8) different ways to make a gift to your Church:
7. Your time,
6. Cash gift before death,
4. Beneficiary forms,
3. Irrevocable trust,
2. Revocable trust, and
I agree, the best time to create or make changes to an estate plan is the day you are still alive and able to think on your own behalf.
If you need help with an estate plan, please contact me for help.
Best way to make a gift to your church
Because children are our most significant responsibility, most of my Clients making gifts to their church are those with adult children and adult grandchildren.
The best way to make a gift to your church is utilizing the document that best fits your personality and beliefs.
For those wishing to remain anonymous, a trust (irrevocable or revocable) is the best method.
If a person is less concerned about remaining anonymous and more concerned with an actual gift, a will is a perfectly acceptable method.
Worst way to make a gift to your church
The worst way to make a gift to your church is transferring them a piece of real property (your home, cabin, etc.).
Really, this method is not recommended because most churches prefer a monetary donation.
Help with making a gift to your church
Ideally, a person should utilize a specific estate planning document to make a gift to their church. If you need help with this process, please contact me.