Planned gifts say you took some time to decide where they should go before being made. Whether you give cash or other assets like real estate, the gift is a form of good stewardship that lives on.
To make a bequest to All Hallows, the following language may be helpful:
“I give and bequest to All Hallows Catholic Church in La Jolla, California, the sum of ________________________ (or description of the gift of property or specify a percentage of the estate)”.
Here are some suggestions for your bequest:
- Fixed dollar bequest: you designate a specific amount to All Hallows. This option is often best in cases of smaller bequests.
- Leaving a percentage: you may want to leave All Hallows a set percentage of your estate. This option is often best in cases of larger bequests.
- Residual bequest: your estate will pay all debts and taxes and the remaining amount — the residual — will be transferred to All Hallows.
- Bequest of Property: you may choose to leave All Hallows real property or tangible personal property, or other assets.
Please contact a financial advisor or professional estate planner to fully discuss your estate. Thank you for considering a gift to your church in your planned giving.