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Simply speaking, legacy planning is the process of thinking ahead to give a gift at a later date. Wise legacy planning helps improve your financial position and effectively uses your financial resources to bring positive change to the lives of people affected by leprosy and Buruli ulcer in a way that may not be possible during your lifetime.
Your gift will heal suffering men, women and children, and provide the ongoing care to help them overcome disabilities caused by leprosy and Buruli ulcer.
Benefits to Giving a Planned Gift
Leave a Legacy of Hope and Healing
There are many ways a gift of life insurance can be made to American Leprosy Missions. These include transferring ownership of the policy or naming American Leprosy Missions as the beneficiary.
A gift of shares to American Leprosy Missions is not only a great way to help those affected by leprosy but can also save you money by reducing your capital gains tax payments. A gift of shares can be made immediately or through your will.
A gift annuity enables you to provide a gift to a charity while you receive guaranteed payments during your lifetime. While the annuity rates will be determined by your age and the prevailing interest rates, they will generally be competitive with the return you would receive if you invested the gifted assets. In addition, there are attractive tax benefits associated with the purchase of an annuity.
A planned gift is an important decision and we want to make sure the decision is right for you and your family. Here are some points to consider:
Pray about it; we want you to know you are doing God's will in choosing American Leprosy Missions as a recipient of your gift.
Discuss your decision with family; bring them on board with your wishes and your decision.
Contact your lawyer and/or financial advisor. They will guide your decision to make a gift and help in drafting your will. They can also assist you with other planned giving options.
Contact American Leprosy Missions if you have any questions about making this gift. If you want your gift to go to a specific project, we can provide you with the correct wording prior to drafting your will to make sure your wishes are carried out.
Choose an executor(s) that you feel comfortable with and trust to carry out your wishes. Discuss your decisions with them. This gives them an opportunity to understand what you want and why these gifts are important to you.
Gather all important documents, store them safely and let your executor(s) and/or those with power of attorney know where they are.