A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift to be made to family, friends or Gospel for Asia as part of your estate plan.Click Here to review sample bequest language.
A bequest may be made in several ways:
A retirement asset, such as an IRA or a 401(k) account, makes an excellent bequest to Gospel for Asia. If the retirement assets are given to your family, much of the value may be lost through estate, income and IRD taxes. By designating Gospel for Asia as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your account administrator), the full value of the gift is transferred tax-free at your death and your estate receives an estate tax charitable deduction.