Bequest
A gift to the Fund for Theological Education in your will or revocable trust proclaims your continued confidence in FTE and partnership in our mission to raise up the next generation of leaders for the church and theological academy. A bequest is:
- Easy to arrange
- Does not affect your assets or cash flow during your lifetime
- Revocable
You may have planned your estate through a revocable trust instead of a will. A transfer to FTE 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 FTE, 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.
Specific Bequest
"I bequeath Twenty Thousand ($20,000) Dollars [or: all my General Motors stock] to The Fund For Theological Education, a Georgia non-profit corporation located in Atlanta, GA."
Residuary Bequest
"I bequeath Ten Percent (10%) of the residue of my estate to The Fund For Theological Education, a Georgia non-profit corporation located in Atlanta, GA."
Contingent Bequest
"If my nephew does not survive me or is unable to inherit this bequest, I direct that it be paid to The Fund For Theological Education, a Georgia non-profit corporation located in Atlanta, GA."
Your Bequest Can Be Used by Us in Two Ways:
A bequest can be directed to a specific program or purpose at FTE, 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 possible, and ask you to consult us if you are considering a bequest for a specific purpose here.
More
To learn more about bequests, Email us, complete the Information Request form, or call us at (404) 727-1492 so that we can assist you.
The Fund For Theological Education
825 Houston Mill Road
Atlanta, GA 30329
(404) 727-1492
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