Planned Giving 

I Corinthians 4:2 reminds us to be faithful stewards of the trust God has given us. This is certainly true as we consider the ultimate disposition of our assets when we pass into heaven. Planned Giving is not just for the “wealthy,” as people of all means have the opportunity to make an extraordinary impact for the Kingdom.

There are several creative opportunities to include Covenant Harbor in your Planned Giving:

Naming Covenant Harbor as a beneficiary in your will allows you to make a gift to the ministry upon death while maintaining control over your assets during your lifetime.

You can transfer ownership of your life insurance policy to Covenant Harbor, or name the ministry as a beneficiary of the policy.

Different types of trusts enable you to transfer cash, investments or property for the future benefit of Covenant Harbor, while preserving use of the assets and income during your lifetime.

Naming Covenant Harbor as a beneficiary of your IRA, 401k or pension plan not only provides a gift to the ministry, but can generate substantial income and estate tax savings for your heirs.

A gift of this type allows you to claim a current tax deduction for your investment in an annuity, which provides a guaranteed stream of income for the rest of your life.

Transfer your personal residence, vacation home or other property to a life estate, which allows you to continue living in or using it for a specified time or until your death.

 

The complexity of these gifts requires help from professional advisors. We are pleased to partner with Covenant Trust Company  as a preferred provider of Planned Giving Services. Or, if you prefer, we will work with your personal advisors to ensure that your financial needs and priorities are met.

We are here to serve you! For more information, contact:
Jon Lokhorst, Development Director
262.248.3600 ext. 330