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Summer 2006 Rapport: Development Outook

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Download "Development Outlook " which includes this article from the Summer 2006 Rapport (PDF, 672 KB,Download Help, Download Time Calculator)

Alumni Relations and Fund-Raising Efforts Expanded

Dorothea Lotter was named director of the new Institutional and Alumni Relations Office. Her focus will be to implement a planned giving program, increase the seminary’s grant seeking efforts, oversee the alumni organization and its activities and direct special projects for the president.

Ways to Include AGTS in Your Estate Plan

  • Wills and Bequests
  • Stewardship Trusts
  • Lifestyle Trusts
  • Charitable Remainder Trusts
  • Charitable Gift Annuities
  • Donor Advised Funds
  • Endowment
  • Real Estate

About Estate Planning: Wills and Bequests

Why is a will important?

The majority of Americans die without a last will and testament. Bereaved family members are thrown into a whirlwind of decisions regarding health care, guardianship, funeral arrangements and the estate. They may struggle due to inadequate resources while legal issues are pending. The opportunity to leave an appropriate legacy with families and valued ministries is often lost.

What is a will?

A will is a legal document that directs how your money and property are to be distributed after your death. You can:

  • Create a road map for loved ones
  • Retain ownership of assets
  • Protect your spouse and children
  • Minimize legal delays and probate costs
  • Leave a legacy of your core values

What is a bequest?

A bequest is a transfer through a will of property such as cash, stocks or securities, insurance, annuities or tangible assets. Bequests are the most popular form of planned giving and do not reduce your current income. They enable you to leave a legacy with ministries you value.

Some examples of bequests are:

  • Specific Gift: Designate an amount, percentage of your estate or a particular piece of real or personal property to benefit AGTS.
  • Residual Gift: Designate the remainder of your estate, after your loved ones are provided for.
  • Contingent Gift: Designate AGTS as a beneficiary if your primary heirs predecease you.
  • Memorial Bequest: Make a bequest in your name or in memory of a loved one as an enduring tribute to those who value AGTS.
  • Life Insurance Policy: Cite AGTS as the beneficiary.

Consider a Bequest to AGTS

As a non-profit institution, AGTS depends upon the generosity of friends and alumni. Your investment in the future of AGTS will sustain a quality education for Pentecostal leaders, meet student financial needs and keep tuition and student loan debt to a minimum.

Let AGTS Know Your Intent

We understand that your intentions are a private matter, but if you are comfortable letting AGTS know, it would be helpful for our long-term planning. We can also provide the appropriate legal language for including AGTS in a will.

Contact Dorothea Lotter, director of institutional and alumni relations at 417-268-1022 or dlotter@agts.edu.

Updated: Friday, July 21, 2006 12:38 PM

 

 
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