Planned giving helps you plan your estate and charitable giving in a way that benefits you, your family, and charitable organizations whose values align with your own. Several types of planned gifts exist that not only help institutions such as Lake Junaluska but also provide tax and income benefits to you. There are many ways you may provide for Lake Junaluska through your estate.
Please consider an estate gift to Lake Junaluska. Your gifts help to advance our mission to be a place of Christian hospitality where lives are transformed through the renewal of soul, mind, and body.
Bequests: Including Lake Junaluska in your will through a bequest will reduce the size of your estate for federal estate tax purposes. Bequests can be unrestricted or designated. Types of bequests include: outright, residual, percentage, or contingent.
Charitable Gift Annuity (CGA): Is a contract between you and Lake Junaluska which will provide a fixed annual income for life and income tax deduction benefits. Gifts ranging from $5,000 to $100,000 are usually selected to fund a CGA.
Life Estate Agreements: Allow you to make a gift of a personal or secondary residence or family farm to Lake Junaluska. You retain the right to live in the house for life. You are responsible for upkeep, taxes, and insurance as long as you live in the home. This gives you substantial tax benefits.
Life Insurance: You can assign all rights of ownership of a current policy to Lake Junaluska and receive an income tax deduction in the year of the gift. You can assign a partially paid up policy or purchase a new policy listing Lake Junaluska as the owner and beneficiary.
To discuss opportunities for a planned gift such as bequest, annuities or trusts, please contact the Office of Development at 866-256-1079. The legal name and address for planned gift documents such as a will or beneficiary form is: Lake Junaluska Assembly, Inc., PO Box 67, Lake Junaluska, NC 28745.