Deferred Giving Trusts    0019-01   ZZall

                                         - - - Rejoice in the Lord always ... again I say Rejoice !!! - - -

                                 TO:  Interested Ministries                                                                                                         FROM: Jim Bramer, Retired CPA
                                                                                                                                                                                         FILE:  0019-01/all

                                  RE:  Deferred Giving Trusts                                                                                                  Originated:  March 1988                               

    What follows is an example of someone who has made effective use of making a Gift via a Deferred Giving Trust --

    People own a building that survived a recent earthquake. The building was somewhat damaged, but they did not really want to fix it up. They had purchased it some years ago for perhaps some 10% of what it is presently worth - even with the earthquake damage.
    They placed it in a trust so that they now have a largely tax-free monthly income of $ 6,000.00 and no Capital Gains taxes due to either the Federal or State Governments. The Ministry, as Trustee, has sold the property at a handsome price, and pays no Capital Gain tax, and will ultimately have all of the assets upon the death of the Donors.
    These Donors have cared for a "sticky" estate problem and been good stewards in their later years.
    It really can happen; for the benefit of all concerned
    We trust your Ministry is making these instruments known.

  The bulk of this Publication originated in March 1988 and was   UPTD: May 02, 2008 .

HOME  |  ABOUT  US   |    OUR PURPOSE   |   SITEMAP   |  COMPUTER FUND ACCTG  |  HELPS

       (1) An Online Document, or WRIT (Writing), may be applicable to all Ministries, or it may be designed for just groups like: Evangelical Church, School, Missionary Agency or Organization, Christian Camp / Conference, or other named group.
        (2) WRIT formats include the perspective of   Jim@bcidot.org  via IOMs (Inter-Office Memo) to the Ministry Finance Team (MFTeam); THRDs, a hypothetical Online conversation with members of the MFTeam; GLEANINGS, or Scripture within context of the MFTeam; FWIW; A periodic editorial (For What it is Worth); TRUISM, or believed Ministry Finance principles; and FAQ, response to Frequently Asked Questions