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Bequests

A gift to Bishop Gadsden in your will or revocable trust proclaims your confidence that we will continue to pursue our mission and make a difference in our community. A bequest is easy to arrange, does not affect your assets or cash flow during your lifetime, and is revocable.

You may have planned your estate through a revocable trust instead of a will. A transfer to Bishdop Gadsden from your trust will bring you the same tax and planning benefits as a bequest from a will.

Your bequest or trust distribution to us will reduce the value of your estate for federal estate tax purposes, and will also be exempt from state inheritance taxes.

You Can Make Your Bequest in Several Ways:

A bequest can deliver a specific dollar amount or asset to Bishop Gadsden, or it can give us a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. It can also be payable if an individual beneficiary is not able to inherit.

(Note that the examples use Bishop Gadsden's legal title, by which it should be identified in bequest and trust designations.)

Specific Bequest

"I bequeath Twenty Thousand ($20,000) Dollars [or: all my General Motors stock] to The Episcopal Church Home, a South Carolina non-profit corporation located in Charleston, SC"

Residuary Bequest

"I bequeath Ten Percent (10%) of the residue of my estate to The Episcopal Church Home, a South Carolina non-profit corporation located in Charleston, SC."

Contingent Bequest

"If my nephew does not survive me or is unable to inherit this bequest, I direct that it be paid to The Episcopal Church Home, a South Carolina non-profit corporation located in Charleston, SC."

Your Bequest Can Be Used by Us in Two Ways:
A bequest can be directed to a specific program or purpose at Bishop Gadsden, or you can tell us to apply it to our general resources or use it for the need that we believe is most pressing at the time it is received. So that it can be most useful, we prefer that the terms of a bequest be as general as posible, and ask you to consult us if you are considering a bequest for a specific purpose here.

A Bequest is for you if...

Back to All Gifts-at-a-Glance

To learn more about bequests, Email us, complete the Information Request form, or call us at 843-762-3300 so that we can assist you.

Bishop Gadsden
Office of Planned Giving
One Bishop Gadsden Way
Charleston, SC 29412
843-762-3300 | Fax: 843-762-6119
E-mail: gift@bishopgadsden.org

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