A Bequest IS a gift of money or assets left through your will, is vital to your Parish Church and the people the Church serves. It is a unique gift and an investment in the future. By leaving a bequest you are making a lasting difference in the life of the Parish community.
Our Lady of Lourdes welcomes charitable donations made by bequest through your Will or through Trust. In remembering our Church you also leave a lasting legacy.
There are various forms of bequests that you may make. For example, the proceeds of an unrestricted bequest may be used where needed, whereas a restricted bequest specifies the use of the donation. Bequests may come in the form of a specific dollar amount, securities, real estate, tangible property, and retirement account assets. A residuary bequest allows Our Lady of Lourdes to receive all or a percentage of your estate after all obligations have been met. If a Will or Trust already exists, an amendment can be done by an attorney through a document called a codicil, which adds a new bequest.
Our Lady of Lourdes is a charitable, not-for-profit institution; therefore, all bequests are fully deductible for estate tax purposes.