Planned gifts can be made now to immediately support Massanetta’s needs, or they can be arranged to occur upon your death as a final way to leave your legacy. Consider these options:
Gifts by will or revocable living trust
Known as a bequest, this form of giving is accomplished by working with your attorney to include a few simple sentences, called bequest language, in your will or living trust. Because this gift doesn’t go into effect until your death, you can change your mind at any time. Through a new will, a codicil, or amendment modifying your old documents—you can address changes in your life and leave a legacy gift supporting Massanetta’s ministry into the future.
Gifts of real estate
Using real estate is a great way to benefit Massanetta and perhaps enjoy tax advantages. You may also avoid significant capital gains tax. You also receive an income tax deduction for the fair market value of the property. You may transfer property, such as farm land, investment property, undeveloped land, or your personal residence which you no longer use, to Massanetta or leave the real estate to Massanetta in your will.
Gifts of life insurance & retirement plan assets
You can make Massanetta Springs the owner and/or the beneficiary of a life insurance policy. By naming Massanetta Springs as the primary beneficiary on the beneficiary designation form for a percentage (1% to 100%) of your retirement plan’s final value, you can make a tax-wise gift to support our ministry after your lifetime.
Gifts of stock & appreciated securities
Perhaps you have marketable securities that have grown substantially in value. Giving the appreciated securities to Massanetta Springs results in a tax exemption on the gain. You receive a charitable tax deduction for the full fair market value of your gift.
Gifts that provide you with income for life
Through a life income gift, you make a gift and in return you and, if you desire, someone else receive income for life. After your lifetime and that of the other person you choose, the remaining balance of your gift supports Massanetta’s mission of providing a place where all can experience the grace and hospitality of Christ.
Massanetta Springs recommends that you talk with your own attorney, accountant, or other financial advisor.
Please feel free to contact us. Thank you for your prayerful consideration.