Endowment Funds and Legacy Giving
The planned giving program at the Unitarian Universalist Church of Kent encourages thoughtful gifts to build an endowment supporting our heritage preservation. There are numerous ways to donate.
A Bequest – the simplest of planned gifts. A direction in your will or trust for a gift to the Unitarian Universalist Church of Kent, this can be a specific amount or a percentage of what remains after providing for your heirs.
Life Insurance – name the Unitarian Universalist Church of Kent as an owner or beneficiary of a life insurance policy.
Life-Estate Agreement – transfer title of a residence to the Unitarian Universalist Church of Kent while retaining use of the real estate for life.
Gift Annuity – a gift of appreciated stock or other property, of which you or other beneficiaries receive fixed annual payments. Payment is based on the age of the beneficiaries at the time of the gift. In general, the donor receives an income tax deduction now and avoids capital gains tax on the sale of the property.
Charitable Remainder Trust – a gift paying income to you or to your named beneficiaries.
Retirement Plan Assets – name the Unitarian Universalist Church of Kent as a beneficiary of an IRA, 401(k), 403(b), profit sharing or other retirement plan. The donor may receive an income-tax deduction now and avoid estate taxes later.
Contingency Planning – for those who have significant estate commitments for family or other reasons may consider a “contingent bequest” that would address your Unitarian Universalist Church of Kent priority should all other beneficiaries pre-decease. Virtually every member can provide a contingent clause while maintaining commitments for young family members or elderly parents.
Are you interested in discussing your participation in our Heritage Program? Our Endowment Committee members are available to answer questions and discuss your Heritage gift in a confidential setting.
Contact: Jennifer Gregg