Seven Stewardship Strategies

5Strategy CHARITABLE GIFT ANNUITIES

Another creative way to give to CCC and receive both life income and income taxsavings is the gift of annuity. This tool allows you to give a specified amount ofcash or appreciated stock and recwive regular income in retrn. Age basedrates are competitve with present investment markets.

6Strategy RETIREMENT ACCOUNTS

Have you been contributing the maximum to your IRA or other retirement planthe past few years? You may be surprised by the increased value of that account.If you decide you won’t need to draw these funds yourself, consider designatingCCC as the beneficiary. You can save taxes, get an income tax deduction andpossible estate tax deduction. At death, even your excise tax may be reduced.You can establish this gift to take care of your spouse and children as well.

7Strategy LIFE ESTATES

You can make a gift of your home now, if you have no heirs to receive it,and get an immediate tax deduction, yet still live the rest of your life there.Farms, even if not your primary residence may qualify as well.

1Strategy APPRECIATED INVESTMENTS

Over time many assets grow in value. For example, stock may haveappreciated well beyond your original investment, However, sale ofthat stock can trigger expensive capital gains taxes. One solution isto give appreciated stock to Cascade Church and avoid the taxes.Your cost for the gift is only way you originally paid, but CCC receivesthe ministry benefits from the full fair market value, which will alsoapproximate the amount on your tax-deductable contribution receipt.The same effective strategy may also hold true when giving bonds, real estate or other valuable personal property.

4Strategy TRUSTS

Currently, $625,000 may pass through your estate without taxes. Overthat amount irrevocable trusts such as charitable remainder trustsmay be established to benefit CCC while reducing your estate tax liability.These can easily be set up to provide lifetime income for yourself ormembers of you family, then CCC would receive the remainder after your death.You can also gain an immediate income tax deduction while establishingan irrevocable trust.

2Strategy LIFE INSURANCE

Life insurance is an excellent tool for the protection of your family in the event of your death. However, there may come a time when the kids aregrown and the mortgage is paid off, that this investment becomes farless important to your family’s security. Did you know you could benefitCCC through the gift of life insurance? Paid up policies may be given toCCC as the new owner and beneficiary.

3Strategy WILLS

It’s never too early to demonstrate good stewardship by writing out yourwill. Take care of your family first, then seriously consider what youwould like to accomplish with your resources after you’re gone withbequests to charitable organizations. It’s simple to add a bequest to CCCand other ministries. Then regularly review and update your will withattention to changing tax laws, the economic environment and familycircumstances. Certain situations may allow considerable estate taxsavings while blessing what God is doing through CCC.Will language can be as simple as: “I hereby bequeath to Cascade Community Church, 14377 Fryelands Blvd., SE. Monroe, WA 98272, (state dollar amount of bequest and/or fully describe asset being given.)”

L i k e g o o d s t e w a rd s o f t h e m a n i f o l dg ra c e o f G o d , s e r v e o n e a n o t h e r

w i t h w h a t e v e r g i f t e a c h o f y o uh a s r e c e i v e d .

1 Pe t e r 4 : 1 0

At Cascade Church we boldlyask for your financial support

because we know it has adirect connection with

helping people find and fully follow Jesus Christ.

We strive to be a church on thecutting edge of helping its peopleco-mission as God trusts us with

His resources.

All of these stewardship strategiesrequire careful planning.

Each situation is different,so consult your financial advisor

and counsel.CCC’s gift planning advisors

are also ready to provde moredetails about how any of these

ideas may work for you. Return this card or contact

the church office.

I’d like more information about...

1. Appreciated Investments2. Life Insurance3. Wills4. Trusts5. Charitable Gift Annuities6. Retirement Accounts7. Life Estates

Name

Address

City State Zip

Daytime Phone Evening Phone

Email

Cascade Community Church14377 Fryelands Blvd. SE, Monroe, WA 98272

Email: finance@cascadechurch.orgPhone: 360.794.4600

*Used by permission of CRISTA Ministries, 1996

SevenStewardshipStrategies

SevenStewardshipStrategies