Given the opportunity, most of us would like to make a lasting impact on the things we value and hold dear. Established in 2021, the Lake Junaluska Legacy Circle is composed of generous benefactors who have chosen to make a lasting impact and support Lake Junaluska’s long-term success by making a planned gift commitment. Members of the Lake Junaluska Legacy Circle are providing transformational experiences for generations to come.
What Is Planned Giving?
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.
Charitable supporters who have arranged for a gift through their will or living trust, a life insurance or other estate-related commitment become members of the Lake Junaluska Legacy Circle.
Whether you have already included Lake Junaluska in your estate plans or are in the process of doing so, joining the Lake Junaluska Legacy Circle is simple. Notify us of your planned gift intention by completing and returning the downloadable membership form below.*
Members of the Lake Junaluska Legacy Circle will receive special recognition and will be honored in a variety of ways, including:
♦ Recognition on our website
♦ Tributes in publications such as the Annual Report
♦ Invitations to special events at Lake Junaluska
We invite you to become a member of the Lake Junaluska Legacy Circle in its inaugural year. All those who notify the Office of Development by completing and returning the membership form in 2021 will be recognized on our website in January 2022.
* If you have previously notified Lake Junaluska of your planned gift commitment, but have not yet completed the membership form, we ask that you complete the form and provide any updated information about your planned gift. This will assist Lake Junaluska in being good stewards of your legacy gift. Thank you!
To discuss opportunities for a planned gift such as bequest, annuities or trusts, please contact the Office of Development at 828-454-6680. 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.
See our Spring 2021 Estate Planning newsletter (PDF) for more information about ways to give.
Bequest: 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.
Trust: Establishing a trust can result in income provided to you during your lifetime and to certain beneficiaries for their lifetimes. Contributions of $100,000 or more are often used to fund the desired trust.
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.
Charitable Gift Annuity (CGA): 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 Agreement: 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.
Your estate 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. Thank you!