A bequest allows you to continue to use the property you will leave to us during your life and make a lasting impact on our work after you are gone.
Benefits of a bequest
Receive an estate tax charitable deduction
Reduce the burden of taxes on your family
Leave a lasting legacy to Worship Quest Ministries
How a bequest works
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Worship Quest Ministries as part of your estate plan, or you can make a bequest using a beneficiary designation form.
Here are some of the ways to leave a bequest to WORSHIP QUEST MINISTRIES
Include a bequest to Worship Quest Ministries in your will or revocable trust
Designate Worship Quest Ministries as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
Name Worship Quest Ministries as a beneficiary of your life insurance policy
A bequest may be made in several ways
Specific Bequest - A specific bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Worship Quest Ministries.
Percentage Bequest - Another kind of bequest involves leaving a specific percentage of your overall estate to WQM. For example, you may wish to leave 10% of your estate to Worship Quest Ministries.
Residual Bequest - A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to WQM. For example, you may wish to leave 30% of the residue of your estate to Worship Quest Ministries.
Contact Us
If you have any questions about leaving a bequest to us, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to Worship Quest Ministries as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.