What is a planned gift?
Typically, a “planned gift” is a gift made through a revocable trust or will, through gifts that provide lifetime income to the donor, or through more complex gifts of real estate and tax-deferred retirement assets.
Why make a planned gift?
Planned gifts are popular because of the financial flexibility and tax benefits they provide. They are also an effective means of Christian stewardship as they redirect assets to ministry that otherwise might be lost in estate taxes, capital gains taxes, or income taxes.