Perhaps you’ve never considered your legacy … what you will leave behind when you leave this world for the next.
Your family and assets make up a part of that legacy — as does your ministry through JMLF.
Because you share our passion for growing leaders who transform the world around them … we warmly invite you to consider making JMLF an ongoing part of your legacy by giving:
Have questions or want more information?
Contact Doug Carter at 678-225-3310 or doug.carter@iequip.org
A bequest is written in a will or trust and directs a gift to be made to a qualified, tax-exempt charity — like JMLF — when you pass away.
Whether it’s a gift of cash, real estate, or the residual of your estate, a bequest allows JMLF to use your assets to continue mobilizing leaders to transform their world while also benefitting your family and loved ones.
Benefits:
You can make a bequest to JMLF in several ways …
Of course, in order to make your bequest, you should speak with your estate planning attorney. They can help you include language in your will or trust that specifies a bequest be made to JMLF as well as to loved ones.
The sample language below may be of help to you and your attorney in deciding what type of gift to create.
Sample Bequest Language
If you’re 70-1/2 or older, you can give a rollover gift of up to $100,000 from your IRA and not add a penny to taxable income. Plus, your gift will count toward your required minimum distributions.
Benefits:
When you donate appreciated assets you have held for a year or more, such as real estate or stocks, you receive a charitable giving deduction for the fair market value of the asset and normally avoid capital gains tax, too.
Benefits:
Example: Stock purchased at $2,000 —
Valued today at $20,000 — Gain: $18,000
Donate stock through JMLF = $20,000 for charity
No capital gains tax on charitable donation of stock
VS.
Sell stock and donate proceeds = $17,300 for charity
$20,000 – $2,700 in capital gains tax*
You also are eligible to receive a charitable giving tax deduction for the full value of the appreciated stock!
*If stock is held for more than one year and donor is in the 15% capital gains tax bracket