PLANNED GIVING

Planned Gifts allow individuals to make a gift in the present, which Father Lopez Catholic High School will receive at a later date. These gifts ensure that our mission will continue long into the future and will enable Father Lopez to continue its Tradition of Excellence.

Planned gifts take on many forms - including, but not limited to bequests, charitable remainder trusts, retirement plans, and insurance policies.

Charitable Bequest

You can make a gift to Father Lopez through your will. The most popular type of gift is a specific bequests in which you designate that Father Lopez receives a certain dollar amount. A residuary bequest is another way that you can give a gift. This bequest would allow Father Lopez to receive all or a percentage of your estate.

Retirement Plans

Retirement plans like 401(k)s, 403(b)s, IRAs etc., provide significant income during the lifetime of most retirees. Many retirees, however, are unaware of how severely their retirement plans will be taxed when the residual estate is given to a child, friend or relative after the owner's death. In some cases, heirs can receive as little as 30% of the plan after tax.

If you have a traditional IRA or pension plan, you can designate the school as the beneficiary of any remaining funds you do not use. By making a charitable gift, you ensure that your estate will receive a charitable deduction for the value of the remaining assets.

Retirement plans are often a significant portion of one's estate, it is important to review your plan with an attorney.

Life Insurance

You may want to consider a gift of life insurance to Father Lopez. By making the school the owner and beneficiary, you will receive an income tax charitable deduction for the current value of the policy.

Again it is important to speak with a financial professional when preparing your future.

If we can be of assistance  please contact our Office of Advancement with any questions.

386-253-5213 ext. 319