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The Colossian Forum offers free resources to help you transform polarizing cultural conflicts into opportunities for spiritual growth and witness.

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Why Choose a Bequest?

  • Your gift costs you nothing now. You retain control of your assets during your lifetime.
  • You can change your mind or modify your gift if circumstances change.
  • Your gift can remain anonymous if you choose.
  • Your gift may provide tax savings or help reduce the tax burden for your heirs.
  • You can leave a gift in honor or memory of someone who inspired your love of Christ and his Church.
  • You will be remembered as someone whose legacy is commitment to Christ’s church and the reconciling power of the Gospel.


Your Giving Options Have Increased

A bequest can deliver a specific gift to The Colossian Forum (“I bequeath the sum of Ten Thousand [$10,000] Dollars”). Alternately, it can deliver a percentage of the balance remaining in your estate after taxes, expenses and specific bequests have been paid — what’s known as the residue (“I bequeath Ten [10%] Percent of the residue of my estate”).

  • Types of Bequests: If you choose to include The Colossian Forum in your will or revocable living trust, there are several ways to control how your estate is distributed:
  • Specific Bequest: A description of what you want to leave to an individual or organization, whether that is a specific dollar amount or a particular asset. Beware of disposing of the asset before your death, which will result in an unfulfilled bequest.
  • Residuary Bequest: Leaving all or a percentage of what’s left in your estate after specific bequests, debts, expenses and taxes have been paid.
  • Contingent Bequest: A contingent bequest is fulfilled only if certain conditions are met. For instance, if your primary beneficiary does not survive you, you may indicate your next choice through a contingent designation. It is always a good idea to name one or more contingent beneficiaries of your estate.
  • Codicil or Amendment: A codicil is prepared by your attorney to modify, explain, change or otherwise qualify terms in your will. If you have a revocable living trust, your attorney can prepare an amendment for you to sign that will serve the same function.


Is a Bequest Deductible?

A bequest from a will or a trust distribution to The Colossian Forum is fully deductible for federal estate tax purposes, and there is no limit on the deduction your estate can claim. In addition, the gift is usually exempt from state inheritance taxes.


Types of Beneficiary Designations:

You may also choose to name The Colossian Forum as the beneficiary of a variety of assets, including insurance policies, retirement funds (IRAs, 401(k)s, 403(b)s, commercial annuities, pension or profit-sharing plans) and financial accounts (bank accounts, CDs, savings bonds, brokerage accounts, stock portfolios). Because many of these assets may be subject to income and estate taxes when left to heirs, leaving them to The Colossian Forum can be a low-cost, simple and tax- efficient way to support our mission.

Primary Beneficiary: You may name The Colossian Forum as the primary beneficiary of a percentage or the entire amount of your plan or policy.

Contingent/Secondary Beneficiary: You may name The Colossian Forum as a contingent beneficiary of all or a portion of your plan or policy. For example, you may name family members or friends as the primary beneficiaries, and then name The Colossian Forum to receive assets if the named individuals do not survive you.


If you have already made a gift through your will, retirement plan or insurance policy for The Colossian Forum’s mission, will you please let us know.

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