Catholic Charities has many financial-planning options to help you create your legacy. We work with your attorney, accountant, or financial-planning professional to explain the many gift opportunities available to you and your family.
Planned gifts come to Catholic Charities at a later time, after your passing, or the passing of your last named beneficiary. Planned gifts take many forms, including: providing additional income, reducing income and estate taxes, relieving you and your heirs of complicated financial-management responsibilities, and helping to fulfill your charitable objectives. Planned gifts can be made in cash, real estate, stocks, bonds, personal property or life insurance. Please be certain to specify Catholic Charities of the Diocese of Fort Wayne-South Bend so your gift is not misdirected to another Catholic Charities.
Bequests by Will
A bequest by will is one of the simplest planned gifts. You can designate either a specific dollar amount or a percentage of your estate after other disbursements. A bequest can also reduce the amount of your taxable estate, which may increase the actual amount available to loved ones.
You can choose to make Catholic Charities the beneficiary of life insurance, which is tax deductible at the time of the gift. If you continue paying the premiums, they also are deductible as charitable contributions. If you give a paid-up policy, the cost of purchasing a new paid-up policy at your current age is the value of the charitable deduction.
To discuss any of these Planned Giving options, please call us at 260-422-5625 and ask for Paula Kebel.