Lutheran Foundation Canada presents Planned Giving as part of A Christian Estate Plan

Local Outreach 324 Congregations Do you have a passion for one of these ministries? Social Ministry Listed Service Organizations Lutheran Schools

With a strategic estate plan, you could support one of these ministries for many years. Thank you for taking the time to find out how.

An Estate Plan could include: Powers of Attorney Last Will and Testament (with a Christian Preamble) Health Care Directive (Living Will) Funeral Arrangements with your Pastor Pre-purchased Arrangements with a Funeral Home A planned gift to a ministry of your choice Open discussion with family on all of the above A planned gift to a ministry of your choice Does your Estate Plan need work??

So what is “Planned Giving”? Planned Giving uses a small portion of the accumulated wealth of your estate to provide a gift to a ministry of your choosing. Approx. 45% of gifts from an estate can usually be derived from the strategic use of tax credits. For many estates, fundamentally you’re either paying tax to Canada Revenue or instead, opting to give a gift to LCC ministries of your choosing.

Estate Distribution (with a Gift) Three Main Beneficiaries Assumed Family Family MinistryGift CanadaRevenue $$$$$$$$$$ $$$$$$ $$$$$$$$$$ $$ $$ $$ $$ $$ $$$$$$$$$$ $$$$$$$$$$ Effectively, about 45% of the gift is funded by tax credits. Consider how much work will continue in the ministries of your choice with this gift. Most people carry their estate plan thinking this far,..... my family will get everything. Let’s assume you give a gift from one of your estate’s high tax assets 45% of the gift is returned to the estate due to the tax credits generated! Unfortunately, on most estates RRSP/RRIFs are taxed at the highest marginal tax rate of about 45 %; there may also be Probate and Capital Gains tax.

Types of Gifts to Consider Life Insurance RRSP/RRIF “Gifts in Kind”, including: -Public Securities, Stock Options, -Real Estate, Vehicles, Jewelry, Art Cash Gifting Methods Major Gift (while living) Bequests (testamentary) Endowments Charitable Gift Annuities

Where can my gift be directed? YOU specify where…. Local Outreach (District) International Missions Christian Education Seminaries Lutheran Schools Media Ministries The Lutheran Hour Social Ministry Development Fund All in support of……

Biblical Responsibility & Stewardship If anyone does not provide for his relatives, and especially for his immediate family, he has denied the faith and is worse than an unbeliever. (1 Timothy 5:8) Simply consider all the you’ve been blessed with, and ask yourself, “How can I give to my family, while at the same time, give a portion of my accumulated wealth towards the on-going mission and ministry of the church?” Then take action!!!

What action should you take? 1.Consider how God has truly blessed you. 2.Honestly assess the needs of your family? 3.Meet with a Gift Coordinator to discuss available options, get you information, and answer any remaining questions. 4.Meet with your Financial Planner to: Express your desire for a planned gift Ask for a strategic proposal to meet your gifting goals for both family and ministry. 5.Share your plan with your family.

Call a Gift Coordinator today! Visit our website Allen Schellenberg - ABC District Tom Brook - Central District Alfred Feth - East District