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

Do you have a passion for one of these ministries?

Local Outreach Lutheran Schools Social Ministry 324 Congregations Listed Service Organizations

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

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 Ministry Gift Canada Revenue $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ everything.

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Unfortunately, on most estates RRSP/RRIFs are taxed at the highest marginal tax rate of about 45 %; there may also be

45% of the gift is returned to the estate

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.

$ $ $ $ $

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?

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Consider how God has truly blessed you.

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Honestly assess the needs of your family?

Meet with a Gift Coordinator to discuss available options, get you information, and answer any remaining questions.

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.

Share your plan with your family.

Call a Gift Coordinator today!

Allen Schellenberg - ABC District 1-877-711-4438 Tom Brook - Central District 1-800-661-2597 Alfred Feth - East District 1-800-465-8179

Visit our website www.lutheranfoundation.ca