Ways To Give
We recognize that even as we receive skills
to be creative in all other aspects of
our life in Christ, we may also be creative
in our giving. Below is information compiled
for your benefit to help you consider prayerfully
how you may give to the ministries of our
Lord through your estate.
While we do not presume to give advice
in matters of such legal or financial complexity,
we encourage you to consult individuals
with expertise to provide the assistance
you need. As in all matters seek God’s
guidance in prayer even as you engage financial
counsel and plan for the future.
Gifts to Prince of Peace Lutheran come
in many ways and sizes. Listed below are
some of the ways you can make a gift to
Prince of Peace Lutheran Church.
Gifts of Cash
Make your check payable to:
Prince of Peace Lutheran Church
455 Missouri Ave
Largo, FL 33770
Be sure to include a letter informing us
of the ministry that you would like to
benefit. Do not send cash through the mail.
Testamentary Trusts
A growing number of donors are finding
a testamentary charitable remainder trust
an attractive way to designate funds from
their qualified retirement plans (QRP)
to avoid the consequences of hefty income
taxes associated with passing on these
tax-deferred savings vehicles to their
heirs. Donors are encouraged to work with
their personal attorney or accountant to
draw up the necessary documents.
Qualified Retirement Plans
QRP's are a great way to save for retirement...
accumulations build up tax-free until you
need them for retirement. But when you
go to take the money out, or worse yet,
try to pass the accumulated value on to
your heirs your qualified plan can become
an "IRA - Internal Revenue Account".
That's why qualified retirement plans make
great vehicles for making charitable gifts.
It's quite possible that by using your
qualified retirement plan to make a significant
gift to Prince of Peace Lutheran Church
you can actually be leaving more of your
estate to your heirs and less to estate
taxes.
Life Income Agreement Gifts – these
gifts can be arranged thru Lutheran Church
Foundation or ELCA Foundation
Charitable
Gift Annuities or
/www.elca.org/fo/annuity.html
Pooled Income Funds
Charitable Remainder Trusts or
www.elca.org/fo/trust.html
Estate Planning Gifts
Wills
Living Trusts
Life Insurance or
www.elca.org/fo/insurance.html
Testamentary Trusts
Qualified
Retirement Plans (IRA, Keough, 401K, 403b) www.elca.org/fo/waystogive.html
Donor Advised Funds can be established at the Lutheran
Community Foundation or ELCA Foundation
Outright Gifts
Cash
Appreciated
securities (stocks, mutual
funds, bonds) -- Prince of Peace has established
an account in which to receive these gifts.
Please call the church office for specific
information.
Real
Estate orwww.elca.org/fo/realestate.html
You have many options to choose from.
Below are a variety of means for giving
as described by two particular organizations, the
Lutheran Community Foundation and the ELCA
Foundation.
Tax, legal & financial
considerations
charitable giving can result in significant
tax, legal and financial consequences.
The staff at Prince of Peace Lutheran
Church cannot give you legal or tax advice.
We strongly encourage you to consult
your own attorney and tax advisor regarding
your gifts.
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