Planned-giving concepts are easy to understand, but they can become very technical. We suggest setting up a group of experts who can be available to you, depending on the situation. We also suggest establishing procedures for accepting gifts. There may be some gifts your church might not wish to accept - undesirable real estate, for example. Call on your listed diocesan contacts, and they will help you find the expert who will be of most assistance in your situation.
Insurance is a relatively simple way to leave a planned gift.
Just have the donors name your church as beneficiary of their life insurance. Get an expert to advise you, however. There could be some circumstances under which your church would not wish to become owner of a life insurance policy. General Bequest - A specific dollar amount is left to the church. Specific Bequest - The church receives a specifically named piece of property.