Legacy Giving, a perpetual gift!

Personal Choices for Planned Giving

Direct Distribution from your IRA– a very quick way to make a lasting difference. Simply direct a distribution from your IRA directly to the Golden Cross Endowment Fund.

A Bequest in Your Will–  the easiest and most common way of making a planned gift is through a bequest in your will.  You can designate a specific amount of money, a percentage of your estate, or a specific asset. Golden Cross Senior Ministries could also be named as a contingent beneficiary.

Life Income Gifts  Includes a charitable gifts annuity, a charitable remainder trust, or a pooled income fund provide you and/or your designated beneficiary income for life.  Upon your passing, Golden Cross receives the gift.

Life Insurance-  Life insurance can be used to make a sizable gift to Golden Cross Senior Ministries.  You can purchase a new policy and make Golden Cross the owner and beneficiary of the policy. You can make Golden Cross the owner and beneficiary of an existing policy you no longer need or name Golden Cross as a contingent beneficiary of an existing policy.  Your life insurance could “endow” your annual pledge to Golden Cross Senior Ministries.

A Life Estate  You can deed your home, vacation property, or condominium to Golden Cross Senior Ministries and retain the right to live in the property and/or receive income from the property for as long as you or your beneficiaries are alive.  A life estate gift may reduce capital gains, inheritance and estate taxes and offers an income tax deduction as well.

This information is intended to be used for educational purposes, rather than as advice. Donors are encouraged to share this information with their legal counsel, tax adviser or other qualified adviser. It is recommended that anyone undertaking estate planning do so with the consultation of an attorney.

Your legacy gift ensures a strong future for a ministry that turns mere shelter into sanctuary for countless financially fragile older adults. We appreciate all you have done in the past, all you do today and for all you will do in the future for the senior residents of Wesley Senior Ministries! To make certain your gifts continue, please consider including Golden Cross Senior Ministries in your estate planning. Tax ID# is: 58-1871974 Address: 1615 Appling Road, Cordova, TN 38016.

For your convenience, please copy this info and take to your attorney or tax professional as you prepare for the future of others in need.