What is a Charitable Bequest?

 As Catholics, we know that material items entrusted to us in this world are gifts from God.  Faith-filled estate planning    not only cares for your family but for the whole community.  The legacy you leave can be encouraging and even inspiring when considering a Charitable Bequest in your estate plan.

What is a Charitable Bequest?

A Charitable Bequest directs a monetary gift, written in a
How to Make a Charitable Bequest?
With the help of an attorney or financial advisor. will or trust, to be made to a qualified exempt charity when you pass away.
Ways to Make a Bequest:
*  a percentage of your estate
*  a specific asset (land, stock, etc.)
*  the residue of your estate
*  a specific dollar amount
What are the Benefits of a Charitable Bequest?
With a careful plan, a Charitable Bequest can:
* enable you to further the good work of an organization
    long after you are gone
* save estate taxes by providing your estate with a
    charitable deduction for the value of the gift
* allow your family to avoid paying income taxes on the
    assets they receive from your estate.
When preparing your estate plan, please prayerfully consider naming Catholic Charities of the Diocese of Lexington, Inc. with a Charitable Bequest.  It is a wonderful way to pass on your Catholic faith to future generations.

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