Giving

All about wills, bequests, gifts, trusts and the Legacy Fund.

What is the Legacy Fund

Legacy Fund logoThe Legacy Fund was created in 2004 to provide an endowment-like fund to allow members to provide gifts, bequests and a variety of financial trusts to support ministries of the First United Methodist Church. The fund operates by placing funds into a pooled investment account under the control of the Board of Trustees.

Making a bequest to the Legacy Fund

Bequest of cash

"I bequeath the sum of $10,000 to the Legacy Fund, First United Methodist Church of Boise, ID."

Bequest of a percent of the estate

"I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to Legacy Fund, First United Methodist Church, Boise, ID."

Contingent Bequest

Trusts: More complex ways of Giving

The United Methodist Foundation maintains a website on Planned Giving using Trusts. On the site you may build a presentation that shows the income and tax benefits for you. You may view a unitrust, annuity trust, gift annuity, deferred gift annuity, sale and unitrust or gift and sale. The site is under "Create Your Plan" on the Methodist Foundation website.

 

Include Legacy Fund in your Will

If you would like to give a gift to the Legacy Fund in your will, you should clearly identify the Legacy Fund of the First United Methodist Church, Boise Idaho. Such gifts become part of the Legacy Fund and are intended to be a permanent endowment that contributes a portion of interest and dividends to the missions of the church. Distributions from the fund earning may be made annually and will be reviewed by the Senior Pastor, lay leader, chairman of the Trustees and chairman of the Finance Committee.

Making a Will in Idaho

In Idaho, making you last will and testament will protect you, your family and your property. Writing a will in Idaho may have several purposes. You will need a will to leave property to children, friends or your church. A will also allows you to specify a guardian for minor children and to manage any property you leave to them. In your will you may name a personal representative to carry out your wishes.

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