Legacy Giving

Funds for the Future

Bequests to The Universalist Church support the unique legacy of our Church and help to promote our ideals for future generations. Your planned gift to our endowment helps ensure our financial ability to maintain our free faith community. 

The 3rd Century Society 
Your commitment will also be recognized here at home by membership in our congregation's 3rd Century Society, formerly known as the Wallace Fiske Society. The 3rd Century Society was created in 2001 to support the continuance of the work of our church. The Society recognizes and thanks individuals who have included the Universalist Church in their estate plans. Through their strong commitment to the ideals and traditions of our community, these individuals are helping to create a solid bedrock for our future.  

Estate PlanningAdvantages of a Bequest 
Your will ensures that your assets are distributed according to your wishes to the people and institutions most important to you. Through a bequest, you have the satisfaction of knowing that you will help The Universalist Church for years to come, as well as providing for your loved ones. A charitable bequest is generally deductible for estate-tax purposes.

Charitable Trusts/Gift Annuities
As an alternative to a bequest, you may consider a Charitable Remainder Trust, a Pooled Income Fund or a Charitable Gift Annuity. The Universalist Church is named as the ultimate beneficiary, but you receive a stream of income during your lifetime. Such arrangements may give you an immediate income tax deduction even as they provide income to you. These choices may substantially reduce estate and other transfer taxes.

Other Assets and Tax Savings 
Today, IRA’s, Keogh’s, 401(k) plans, and profit sharing plans make up a large part of many estates. While the primary purpose of retirement fund assets is to provide a source of income during retirement, substantial balances may remain after the deaths of both the retiree and spouse. If left in the estate, these are subject to both death and income taxes. If the Universalist Church is named as a beneficiary, those taxes may be entirely avoided. Recent legislation now permits a Qualified Charitable Distribution via a direct transfer to qualified charities totaling up to $100,000 from tax- deferred IRA savings for those over the age 70 1/2.

Life Insurance Beneficiary
Another cost-effective technique would be to name The Universalist Church as a beneficiary under a life insurance policy. 

To Make a Legacy Gift:
  1. Consult with your financial, estate, and/or tax advisor to discuss resources at your disposal and what makes the most sense for your situation.
  2. Refer to the resources below for more information.
  3. Complete & return the church's Legacy Giving Intent Form.

For More Information:

If you have included The Universalist Church in your will, are considering doing so, or have any questions about planned gifts, please contact us. Your inquiry will be confidential and places you under no obligation.

860-233-3669 ext. 106