Charitable Giving: Estate Planning for Your Church Home

Charitable Giving plays a significant role in many people’s lives, and the desire to leave a lasting impact on their church community is a heartfelt wish for them. With a thoughtful estate plan, you can ensure that your legacy continues to benefit your church home and its mission long after you’ve passed. Let’s explore how you can achieve this meaningful goal with the expertise of California Will and Trust Lawyers from Copenbarger & Copenbarger, LLP.

Including Charitable Giving in Your Estate Plan

Bequests in Your Will or Trust

One of the simplest ways to support your church is through a bequest in your will or trust. Simply specify a certain dollar amount or a percentage of your estate to be donated to your church home.

Beneficiary Designations

Designate your church as a beneficiary on retirement accounts, life insurance policies, or annuities. These assets can be transferred directly to the church, outside of probate.

Charitable Trusts

Consider establishing a charitable remainder trust or a charitable lead trust. These trusts allow you to provide for your church while also offering tax benefits and potentially providing income during your lifetime.

The Benefits of Faith-Based Giving

Beyond the immediate financial support, there are several additional benefits to including your church in your estate plan that resonate with both your spiritual values and practical considerations. They include: 

1. Tax Advantages: Charitable contributions can provide significant tax deductions. For large estates, leaving a portion to charity can reduce estate taxes, maximizing what you can pass on to your heirs.

2. Stewardship and Values: By including your church in your estate plan, you’re upholding the values of stewardship and generosity, setting a powerful example for others to follow.

3. Impacting Future Generations: Your gift can support programs, outreach, and the long-term vision of your church, impacting lives for generations to come.

Getting Help to Leave a Legacy of Faith

Leaving a legacy to your church home is more than a financial decision—it’s an act of faith and a reflection of your life’s values. With the right estate planning strategies, you can make a lasting difference in the community that has been a pillar of your life.

If you’re ready to use your estate plan to leave a charitable legacy to your church, the dedicated California Will and Trust Lawyers at Copenbarger & Copenbarger, LLP are here to guide you. Contact us at 888-244-8814 to ensure your spiritual legacy is honored and your charitable contributions make a lasting impact.

If you have any further questions about estate planning and strategies to shield your wealth, or if you’d like to have your current asset protection plan reviewed to make sure it still meets your needs, please contact us at one of our offices located throughout the state of California 800-244-8814 to set up a consultation.