Legacy Giving

Ways to Give

Gifts of Stock and Appreciated Assets

• You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Lutherhaven Ministries.
• Lutherhaven Ministries sells your securities and uses the proceeds for its programs.
  Benefits
• You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
• You pay no capital gains tax on the transfer when the stock is sold.
• Giving appreciated stock could be more beneficial than giving cash.

Gifts from your Will or Trust

• Include a bequest to Lutherhaven Ministries in your will or trust.
• Make your bequest unrestricted or direct it to a specific purpose.
• Indicate a specific amount, or a percentage of the balance remaining in your estate or trust.
• Your assets remain in your control during your lifetime.
• You can modify your gift to address changing circumstances.
• You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended).
• Under current tax law, there is no upper limit on the estate tax deduction for your charitable bequests.

Gifts From your Retirement Plan

• Name Lutherhaven Ministries as a beneficiary of your IRA, 401(k), or other qualified plan.
• Designate us to receive all or a portion of the balance of your plan through your plan administrator.
• The balance in your plan passes to Lutherhaven Ministries after your death.
• Avoid the potential double taxation your retirement savings would face if you designated them to your heirs.
• Continue to take regular lifetime withdrawals.
• Maintain flexibility to change beneficiaries if your family’s needs change during your lifetime.

Gifts of Life Insurance

• You designate Lutherhaven as the beneficiary of an existing life insurance policy OR transfer ownership of a paid-up life insurance policy to Lutherhaven Ministries.
• Lutherhaven Ministries receives the value of the policy when you are called to heaven.
• Make a gift using an asset you and your family no longer need.
• Receive an income tax deduction for the value of your investment.