What Plan is Right for Me?

Choosing the right plan for your particular life state and circumstance is key to good planning. 
Regardless of your situation, ASA is equipped to help you with all of your planning needs. 

Simple Will

Ensure gifts for your heirs and for ministry

If your estate is valued at under $100,000 or if you live in a state where you can transfer real estate through a beneficiary designation, you may be able to record your estate plan through a simple will. 

Living Trust

Establish your plan without the hassle of probate. 

If you own real estate (including your primary residence) and live in a state that does not allow you to transfer that real estate through a simple beneficiary designation, you will likely be better served by the creation of a living trust.

Life Insurance

Made during your lifetime or by your estate

If your life insurance policy is no longer needed or will no longer benefit your family, consider a gift of your policy (by naming the ASA a beneficiary) to further the mission of the ASA. Also, a gift of your life insurance policy made by your estate is an easy way to give and avoid potential estate taxes. 

Retirement Plan Assets

Avoid capital gains taxes

Did you know that 50-60% of your retirement plan assets may be taxed if you leave them to your heirs at death? A gift of your retirement plan assets is an excellent way to make a gift while helping your heirs avoid paying tax at your death. 

Gift Annuity

Guaranteed fixed income for life with a generous gift to the ASA. 

If you have readily marketable assets that pay no return (stock, cash, etc.) a gift annuity could be right for you. A gift annuity provides guaranteed income for life, some of which is tax-free. It also provides an immediate charitable tax deduction. In this plan, you gift the asset to the ASA and upon acceptance, you are issued a contract, which is secured by the ASA’s assets. 

The rate of return is based on your age. This can be a vital step in your retirement planning, in that it provides a fixed income component to your portfolio. 

Charitable Remainder Trust

Avoid capital gains and receive life income

A charitable remainder trust (CRT) allows you to gift an appreciated asset to the ASA in exchange for lifetime income. The benefits of a CRT include: avoidance of capital gain, regular monthly income, a charitable gift tax deduction and a long-germ investment in the mission of the ASA. 

Charitable Lead Trust

Gifting interest earned on an investment

A charitable lead trust (CLT) involves “loaning” an asset to the ASA for a term of years whereby the ASA receives the income from that investment. At the conclusion of that term, that asset is returned to the donor who receives various charitable tax benefits.

To determine if any of these gifts are right for you, please contact Vicki Best, Director of Operations and Development at