Endowment Giving

The following are some questions and answers about leaving a gift to Central Baptist Church in a will or trust.

FREQUENTLY ASKED QUESTIONS AND ANSWERS

Do I have to include my wish to leave a gift to CBC  in my will?

Yes - You should specify your intention to leave a gift through a will or trust, or by designating CBC as a beneficiary of life insurance or retirement benefits.  Without a will, your property and finances are settled according to state laws which may not coincide with family wishes.

Must I have a sizeable estate in order to leave a gift?

No – An “estate” is simply a term used to describe any property, money or belongings that you may have no matter their size.  Anyone can arrange to leave a charitable gift from their estate when they pass away.

How do I leave a gift to CBC?

Although you can leave a gift in several ways, the most common way is via a will.  Many people set aside a certain dollar amount.  Others leave a percentage of assets, or any assets left over after the family has been provided for.  Some people give property while others leave a life insurance policy, charitable trust, or other financial investments.

Who can help me arrange for a gift?

Talk with your financial advisor, lawyer, accountant, insurance agent or trust officer about leaving a gift to CBC.

How do I leave a gift in memory of a person or for a specified purpose?

A gift is a wonderful way to recognize someone who has made a difference in your life.  You may also want to give to a specific cause within the church.  This kind of memorial gift can be arranged in your will or trust the same way you would leave a personal gift.

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