Giving for the future: Making a planned gift is not just for those who have wealth or special financial expertise but for anyone with a generous spirit who wants to designate their gifts while they are living. As members and friends of the United Presbyterian Church, we share a deep sense of gratitude for those who have gone before us. They gave gifts to fund the current needs and for the long-term benefit of those who would follow them in ministry.
What is a planned gift? Thoughtfully planned, any of the following giving options may provide important personal benefits while supporting UPC ministries into the future.
- Bequest through your will or trust
- Retirement assets (i.e., pension plans, IRAs)
- Life income gift through a trust
- Privately held securities
- Charitable gift annuities
- Real estate
- Donor Advised Fund
- Naming the church as a beneficiary of a life insurance policy
Why consider a planned gift? Your legacy gift ensures the continued vitality of UPC from one generation to the next. While a planned gift brings a sense of fulfillment to our own lives, it may also provide financial benefits to the donor, including tax savings, reduced capital gains and estate taxes, and release from financial management.
Are there samples of bequest language for my will? The following language may be appropriate for a bequest of a specific dollar amount, a percentage of your estate, or a description of the property you wish to give.
I give the sum of $________ to the United Presbyterian Church of Binghamton, located at 42 Chenango Street, Binghamton, New York, 13901 to be for its general purposes (or for the specific purpose of ______).
NOTE: Every will, living trust, or other charitable planned gift is unique and should be structured to fit the needs and estate plan of each individual according to state laws. As with any decision regarding legal and financial matters, you should consult your own independent professionals such as an attorney, accountant, trust officer, life insurance professional, or investment advisor.
Have you already included UPC in your will or estate plan? Please click here to let us know.
We thank the Fourth Presbyterian Church of Chicago for providing the inspiration and verbiage for this page.