Tuesday, May 22, 2012
   
Text Size
Login

St Joan of Arc Legacy Society

THE LEGACY

The St. Joan of Arc Legacy Society has recently been created in order to recognize the gift of “planned giving” funds for St. Joan of Arc Catholic Church and School in the future.

WHY SHOULD I CONSIDER THE LEGACY SOCIETY?

The Legacy Society provides you the opportunity to perpetuate your giving; the goal of the Legacy Society is to attract bequests to St. Joan of Arc Catholic Church and School.

HOW CAN I JOIN THE ST. JOAN OF ARC LEGACY SOCIETY?

The Legacy Society helps provide funds for future needs of St. Joan of Arc Catholic Church and School.  If you have made provisions for St. Joan of Arc Catholic Church and School to benefit from your generosity in the future, please contact the St. Joan of Arc Development Office (630-353-4566) and you will be formally recognized as a member of the Legacy Society.

 

PLANNED GIVING…

A TRIBUTE THAT WILL LAST

 

You can provide now for a future gift to St. Joan of Arc Catholic Church and School by including a bequest provision in your will or revocable trust. Your will or trust directs a bequest for the purpose(s) you specify.

 

Gifts frequently donated to churches in wills or trusts include cash, appreciated securities/stock, real estate, artwork, life insurance, remainder of IRA, Keogh, tax-sheltered annuity and retirement plans. The benefits of funding a planned gift can make this type of charitable giving very attractive to both donor and charity.

 

THE BENEFITS OF A BEQUEST

  • Your assets remain in your control during your lifetime.
  • You can modify your bequest if your circumstances change.
  • You can direct your bequest to a particular purpose; be sure to check with St. Joan of Arc Parish to make sure your gift can be used as intended.
  • There is no upper limit on the estate tax deductions that can be taken for charitable bequests.
  • You may choose to designate that we receive a specific sum from your estate (for example $50,000), or you may choose to leave a percentage of your estate (for example 5%).
  • You even have the option of “endowing” your gift to provide a lasting financial resource

SAMPLE LANGUAGE FOR AN OUTRIGHT BEQUEST IN WILL:

Unrestricted Specific Bequest I give to St. Joan of Arc Catholic Church and School, 820 Division Street, Lisle, IL 60532, the sum of (dollar amount) for its general  purposes.

Unrestricted Percentage Bequest

I give St. Joan of Arc Catholic Church and School, 820 Division Street, Lisle, IL 60532, ___ % of the rest and residue of my estate for its general purposes.

 

Unrestricted Residual Bequest I give, bequeath and devise the rest and residue of my estate to St. Joan of Arc Catholic Church and School, 820 Division Street, Lisle, IL 60532, for its general purposes.

Restricted Use Bequest I give St. Joan of Arc Catholic Church and School, 820 Division Street, Lisle, IL 60532, the sum of (dollar amount) for (specify how the gift is to be used). 

       Note: It is a good idea to allow for alternate designations if St. Joan of Arc Catholic Church and  School cannot fulfill your primary wish. You may wish to contact the Development Office before making this restriction.

Unrestricted Bequest For Endowment I give St. Joan of Arc Catholic Church and School, 820 Division Street, Lisle, IL 60532, the sum of (dollar amount) for its general endowment fund. 

      For larger amounts, it may be possible to endow a specific position or project.

 

FOR MORE INFORMATION

When including a provision for St. Joan of Arc in your will, you will want to make sure that your intention is stated clearly and that you have our correct name and address.

It would be prudent if you or your adviser calls us before drafting the document to ensure that the information you are including is accurate. Contact Marianne Bero, St. Joan of Arc Director of Development, at 630-353-4566 so that we can assist you and answer your questions.

Login