Combined Estate Planning
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Gifts from the estates of friends of TECH, what are referred to as “testamentary gifts” are always a blessing to us, whether your gift is given for our general purposes or for a specific purpose you envision.
While such gifts often take the form of simple beneficiary designations in wills or trusts, they can also be accomplished by means of a direct transfer from qualified retirement plans such as 401K’s and IRA’s.
Any gift should always be entered into after careful thought and prayer – and in the presence of qualified counsel. While many planning techniques would seem “good” to you, it is important that you settle upon that planning method that is deemed “best” in and for your unique situation – and that is the role qualified, like-minded counselors can play.
As your Advisors will confirm, estate gifts are very common and do not alter your present lifestyle in any way. Best of all, because no assets pass to TECH until your home going, any gift can be easily changed, or even eliminated, as your situation may dictate.
If estate gifts to TECH are part of your plan, TECH would appreciate having knowledge of that, for simple information purposes, and always held in the strictest confidence.
Again, thank you and God bless you!
Because TECH Team is an IRS 501(c)(3) nonprofit organization, your contribution may be tax deductible.
Please contact your tax advisor for any questions you may have regarding your specific gift.
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