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Planned Giving

Everyone has a will, either one you planned for yourself or the one the state has for you.
Here are some things a will can do for you:

  • A will can let you close the books on your earthly stewardship responsibilities- "put your hoouse in order."
  • A will can help you express your love and thoughtfulness to others, so that those who are left behind are sure of your wishes.
  • A will can remind your loved ones of your basic beliefs. In a preamble, you may affirm the guiding principles of your life, comfort and encourage thsoe who are left behind.
  • A will can ensure that your desires are fulfilled. You can designate who will care for any dependent children, designate who will handle the closing of your estate, designate the giving of certain items to family members or friends.
  • A will can conserve your assets, ensuring more is available to meet your objectives.
  • A will can let you ensure the pattern of your lifetime support of a church or your favorite charities, through a direct bequest or gift to an endowment fund.
  • A will can provide peace of mind.

If you would like information about preparing a will, email us and ask for a FREE BROCHURE How a Will Works for You.

Planned Gifts

Bequests
The most common planned gift is a bequest. When planning your will, please remember your church and charities you have supported during your life.

A Memorial or Tribute Gift
Honoring a loved one through charitable gifts is often an especially meaningful act of paying tribute to someone. Gifts made in honor of family and friends at times like Mother's Day and Father's Day, at the birth of a child, wedding anniversary or other notable occasion can show how much you care.

For a FREE BROCHURE and convenient gift form, email us, or you can give now and indicate the person to be honored and the person to whom you would like the gift acknowledged.

Gift Annuity
A gift annuity can provide a guaranteed lifetime income for you or for you and a survivor. Fixed rates are set by a national council and are based on the donor's age. KRM's gift annuity provides an immediate tax deduction and a portion of the income from the annuity is tax-free. We will send you a booklet about gift annuities at your request. 

ONE-LIFE CURRENT GIFT ANNUITY RATES*
AGE RATE * Rates effective February 2009. Rates for other ages and joint and survivor rates are available on request.
65 5.3 %
70 5.7%
75 6.3%
80 7.1%

Other Planned Giving Instruments
There are many other ways to make significant gifts of assets to a charity that will benefit the donor, his heirs and a charity.

For more information, call or email Bebe Dorris at Kokomo Rescue Mission, (765) 456-3838.

The above information regarding taxes is of a general nature only. Please contact your CPA or tax counselor for advice and guidance regarding your specific situation.


 
Kokomo Rescue Mission, 321 W Mulberry Street, Kokomo, IN 46901
Phone: (765) 456-3838 - Fax: (765) 457-5794