Retained Life Estates

Nov 4, 2017
Ministries

Discover the Giving Options Offered by St Paul’s United Methodist Church

Giving is an integral part of the St Paul’s United Methodist Church mission. We believe that by offering various giving options, including retained life estates, we can help our community and further spread the teachings of the Boston Church of Christ.

What Are Retained Life Estates?

A retained life estate is a unique way to support our church while maintaining the right to live on and use your property during your lifetime. By transferring the property to St Paul’s United Methodist Church, you can receive significant tax benefits and help us continue our mission for years to come.

Once the property is transferred to our church, we assume the responsibility for its maintenance and any associated costs. However, you retain the right to live on and enjoy the property for the rest of your life or a specified term.

Creating a Lasting Impact

By choosing a retained life estate, you have the opportunity to create a lasting impact on our community and support the causes you care about. Your gift can help us continue our work in serving the local community, providing educational programs, supporting charitable initiatives, and more.

When the retained life estate agreement ends, the property becomes an asset of St Paul’s United Methodist Church. We may choose to retain or sell the property to continue supporting our mission.

Benefits of Choosing a Retained Life Estate

Choosing a retained life estate as a giving option offers several benefits for both you and St Paul’s United Methodist Church:

  • Tax Benefits: Donors may be eligible for a current income tax deduction based on the appraised value of the property.
  • Retained Use of Property: You can continue to live in and use the property for the remainder of your life or the specified term, providing stability and peace of mind.
  • Avoidance of Probate: By transferring the property to our church, you can avoid probate and associated costs.
  • Support for Our Mission: Your gift directly supports St Paul’s United Methodist Church in its ongoing mission to serve others and spread the teachings of the Boston Church of Christ.

How to Get Started

If you're considering a retained life estate as a giving option to support our church, we encourage you to reach out to our dedicated team of experts. We will guide you through the process, answer any questions you may have, and provide all the necessary assistance to make your donation.

Together, we can create a lasting impact on our community and continue the work of St Paul’s United Methodist Church for generations to come. Get started today and make a difference!

Cheryl Grubbs
Informative and helpful
Oct 6, 2023