By:
NEWS
Wills and Bequests
Your will names specific beneficiaries of your estate: family, friends, charitable organizations. It is a testament of your concern for the welfare of others. To benefit the church, he following wording is suggested:
“I give $_______for ___% of the residue of my estate to First Parish Church of Brunswick, Maine, to be used without restriction for the general purposes of the organization.”
Gifts given to First Parish Church during your lifetime are tax-deductible to the extend provided by law. Taxes on income, capital gains, estate, gifts, and inheritance can be substantially reduced as a result of giving to a bona fide charitable organization. The rat of benefit will vary, depending on your circumstances. We urge you to consult with your lawyer, accountant, and/or financial advisor for maximum advantage.