• Bequests can be arranged through a will or living trust. They may be for a specific amount, for a specific asset, or for all or a percentage of the residue of an estate. These gifts are deductible for estate tax purposes.
• Life insurance policies may be transferred to Missio Seminary. The donor will receive current tax benefits while providing for Missio’s future. Sometimes the value of this gift will be larger than the amount invested.
• Leaving retirement assets (401K, 403b, IRA, etc.) can avoid both income and estate taxes.
• A Charitable Remainder Trust can be designed to suit a wide variety of donor situations. The trust distributes funds to Missio only after providing income to the donor and/or others for life or a term of years. The donor will also receive current tax benefits when the trust is established.
• A Charitable Gift Annuity is a simple contractual agreement with Missio. In exchange for a gift of cash or appreciated assets, Missio promises to make fixed payments for life to the donor or any one or two individuals designated by the donor. The donor receives a tax deduction for the year in which the annuity is established, and part of each annuity payment is tax-free for a number of years.