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Bequest A gift to Christian Theological Seminary in your will or revocable trust proclaims your confidence that we will continue to pursue our mission and make a difference in the lives of future generations. A bequest is: - easy to arrange,
- does not affect your assets or cash flow during your lifetime, and
- is revocable.
You may have planned your estate through a revocable trust instead of a will. A transfer to CTS from your trust will bring you the same tax and planning benefits as a bequest from a will. Your bequest or trust distribution to us will reduce the value of your estate for federal estate tax purposes, and will also be exempt from state inheritance taxes. You Can Make Your Bequest in Several Ways: A bequest can deliver a specific dollar amount or asset to CTS, or it can give us a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. It can also be payable if an individual beneficiary is not able to inherit. | Specific Bequest | | "I bequeath Fifty Thousand ($50,000) Dollars [or: all my General Motors stock] to Christian Theological Seminary, a non-profit corporation located in Indianapolis, Illinois" | | Residuary Bequest | | | "I bequeath Ten Percent (10%) of the residue of my estate to Christian Theological Seminary, a non-profit corporation located in Indianapolis, Illinois." | | Contingent Bequest | | | "If my nephew does not survive me or is unable to inherit this bequest, I direct that it be paid to Christian Theological Seminary, a non-profit corporation located in Indianapolis, Illinois." | Your Bequest Can Be Used by Us in Two Ways: A bequest can be directed to a specific program or purpose at CTS, or you can tell us to apply it to our general resources or use it for the need that we believe is most pressing at the time it is received. So that it can be most useful, we prefer that the terms of a bequest be as general as possible, and ask you to consult us if you are considering a bequest for a specific purpose here. More To learn more about bequests, Email us, complete the Information Request form, or call us at (317) 931-2313 so that we can assist you. Contact:
Wayne Pruner
Director of Planned Giving
Phone: (317) 931-2313
Email: wpruner@cts.edu |
