Summer 2006 Rapport: Development Outook
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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
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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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Considering AGTS?
