Unity of Gainesville

is a Peace Church.

PEACE

CELEBRATING DIVERSITY – YOU ARE WELCOME HERE

Unity of Gainesville Church

Unity of Gainesville Church

3361 Clark’s Bridge Road, Gainesville, Georgia 30506

Phone: 770-534-0949 – Fax: 770-534-6029

© Copyright 2008, Unity of Gainesville Church

Website designed by Scott Lindquist

www.scottlindquist.biz

Visitors to our site.

Visitors to our site.

Planned Giving

Frequently Asked Questions:

1. What assets can I use to make a gift to Unity of Gainesville?
Generally speaking, during your lifetime you can make an outright gift of cash, securities or other property (e.g. , real estate, personal property). Through your will or with a distribution from a retirement plan or life insurance policy, your gift can be designated to Unity of Gainesville Church in accordance with your wishes.

2. What sort of gift plans also return income to me?
You have the option of making a gift that returns income to you, your spouse, or other individuals, such as a charitable gift annuity, or charitable remainder unitrust or annuity trust.

3. What tax deduction will I receive for my gift?
Your tax benefits will depend on several factors: the type of gift, the time at which it is made, whether it is outright or deferred or has any income payments. Outright gifts to Unity of Gainesville generate a full income-tax charitable deduction. Outright gifts of appreciated securities are deductible at fair market value, with no recognition of capital gains—a great tax benefit! Gifts of personal property, like art, books and collectibles, are fully deductible. Bequests do not generate a lifetime income tax deduction. They are exempt from estate tax. Similarly, life insurance distributions to Unity of Gainesville are not income-tax deductible, but are exempt from estate tax. If you have made us the irrevocable owner and beneficiary of a policy during your lifetime, you may deduct annual gifts that offset premium payments. The charitable deduction for a gift that returns income to you, such as a charitable gift annuity or a charitable remainder trust, is the fair market value of the gift asset minus the present value of the income interest you retain.

The term "planned giving" refers to charitable gifts that require some planning before they are made. Planned gifts are popular because they can provide valuable tax benefits and/or income for life. Whether a donor uses cash, insurance, or other assets,

such as real estate, artwork, or partnership interests, the  benefits of funding a planned gift can make this type of charitable giving very attractive to both the donor and charity.

For more information on Planned Giving and Charitable Trusts, please contact Unity of Gainesville office. We have brochures available.

Potential Benefits of Planned Gifts:
Increase current income for the donor or others – Reduce the donor's income tax – Avoid capital gains tax – Make significant donations to Unity of Gainesville Church.

For information on providing a specific donation, go to our Wish List.