CHARITABLE ESTATE PLANNING

"As each has received a gift, use it to serve one another, as good stewards of God's varied grace" - 1 Peter 4:10

Looking for ways to support your church when you are no longer around?  There are a number of options, including:

  • Will bequests
    • Identify a fixed amount for the church
    • Identify a share, or percentage, of the overall estate for the church
    • Leave a “residuary bequest,” which means the church gets what is left after all other identified bequests are satisfied
    • Name the church as a secondary beneficiary under a “contingent bequest,” meaning that if another beneficiary passes first, then the church receives the identified sharE
  • Setting up an endowment or a trust to provide ongoing support for a specific church need, such as a scholarship fund, or a youth fund, for example
  • Naming the church as a beneficiary on a life insurance policy
  • Making investments such as stocks or bonds, with the church as payee
  • Designating the church as beneficiary on your 401K or other retirement plan
  • Gifting real estate to the church

Please review the below document for more information on how you can leave a lasting legacy with your church.  If you would like to discuss a specific donation to PCOM, please contact a member of the Administration and Personnel committee.