Types of Gifts:
The gifts listed here are only some of the gifts WELS Lutherans for Life is able to receive.
For any special requests or questions please contact Peter at 414-727-8176. Wills & Bequests A gift to WELS Lutherans for Life in your Will allows you to retain all your assets during your lifetime and/or the life of your spouse. Charitable Remainder Trusts A Charitable Trust can provide income to you and your spouse as long as either of you live. Thereafter the trust principal will go to WELS Lutherans for Life. Gift Annuities You can create a gift annuity that would guarantee you a fixed stream of income for life. The income would flow to you, and to your spouse if desired, after which the remaining principal would become a gift to WELS Lutherans for Life. This provides a current income tax savings and possible capital gains savings. Life Insurance Policies When the added protection of an insurance policy is no longer needed, transferring the policy's ownership to can result in tax benefits for you and a generous gift for the ministry. WELS Lutherans for Life can also be included as a beneficiary, contingency beneficiary, or owner of a new or existing policy. Charitable Lead Trust A Charitable Lead Trust can be appropriate if you have ample income now, but desire to retain ownership of the trust principal to meet future financial goals for your family. Income will be directed to WELS Lutherans for Life for the specific term of the trust, after which time the principal will return to you or designated survivors. IRA or other Retirement Funds For those who have significant retirement plan assets, potential estate and income taxes on the account balance at death can be avoided by making WELS Lutherans for Life the beneficiary of any unused plan assets. This could avoid significant combined estate and income tax rates. Some of these gifts require the participation of the donor’s financial professional. |
IMPORTANT NOTE:
WELS Lutherans for Life, Metro-Milwaukee is our official, legal name. We do business as: WELS Lutherans for Life. For any legal or binding documents please use our complete, legal name. For more information contact Peter at 414-727-8176. *As you consider a planned gift always involve your family, financial adviser, CPA, and/or attorney in the decision making process. WELS Lutherans for Life works with professionals to receive gifts of any kind, but this does not replace the relationship you have with those you know and trust - to advise and represent you.
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