More Ways to Lay Up Treasure in Heaven
by David Warnock
Jesus expects us to be faithful and wise stewards, telling us, “To whom much is given, much will be required” (Luke 12:48). Strategic Stewardship provides sound options to increase your giving to our Lord’s work. I’m excited to tell you about these options, and to work with you as you strive to be faithful with what our Lord has entrusted to you. Below is a list of a few of those options along with short descriptions. I’ll be writing about other options in future articles, but if you want to know more about any of the options below, or other options, feel free to give me a call at (412) 833-5826 or email me at DavidW [at] HeavensFamily [dot] org.
Estate Planning, including Wills and Trusts – Estate planning is anticipating, documenting, and arranging the transfer of your assets into the stewardship of others. This is commonly done through wills and trusts. Estate planning will likely be your greatest opportunity to exercise your largest, and potentially most fruitful, act of stewardship for the Kingdom of God. We can assist you with information and direction to set up or amend your estate plan.
Life Insurance – If you desire to provide for God’s family, not only during your lifetime but also into the future, Heaven’s Family can be named a full or partial beneficiary of your life insurance policy.
Retirement Plan – If you, or you and your spouse, want to be a blessing with funds that remain in your retirement plan after your passing, you can designate Heaven’s Family as a primary or contingent beneficiary of your retirement accounts, such as IRAs, 401Ks, Keogh plans, SEP IRAs and tax-deferred annuities.
Charitable Gift Annuities – A Heaven’s Family Charitable Gift Annuity (CGA) provides the purchaser with fixed payments for the remainder of his or her life in exchange for a lump sum payment now, and provides a charitable gift to meet pressing needs around the world through Heaven’s Family. Through our partnership with the professionals at National Christian Foundation (NCF), we can offer you a sound and secure CGA.
Real Estate – Contributing real estate to charitable non-profits is a common way to avoid capital gains tax on highly appreciated property and to reduce estate tax liability on asset-rich estates. At the same time, you or your estate will obtain a charitable tax deduction while supporting our Lord’s work. You can give real estate to the Heaven’s Family Strategic Stewardship Fund through our partnership with the professionals at NCF.
It is impossible to lay up too much treasure in heaven or love your neighbor too much; however, I look forward to working with you as you strive to be more like Jesus and imitate His selfless generosity.
David Warnock is happy to assist you with your questions regarding strategic stewardship. You can reach him at (412) 833-5826 or email him at DavidW [at] HeavensFamily [dot] org.