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WAYS SUPPORT US
LAY MISSION HELPERS GUILD
The Lay Mission-Helpers Guild, once known as Mission men and Mission ladies, was formed to support spiritually and materially the work of the Lay Mission-Helpers Association. Guild members provide monthly donations which make it possible for the Lay Mission-Helpers to continue this important work around the world. Members receive information on the individual(s) they are supporting.
If you would be interested in supporting the work of the Lay Mission-Helpers as a member of the Guild contact our office. Guild members can contribute on-line or by mailing their donation to the Lay Mission-Helpers in envelopes provided for this purpose.
PLANNED GIVING
Planned giving is another way some choose to support the work of the Lay Mission-Helpers Association. It is with the generous legacy of gifts that we continue to be able to help the laity discern, prepare, and follow a call of service to the missions. There are many vehicles for charitable estate planned giving. To download a copy of our Estate (Legacy) Gift Statement of Intent Form, click here. If you would like to receive information on planned giving please contact our office.
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Your Will: After providing for the needs of your loved ones, you may choose one of several ways to support Catholic lay people serving our brothers and sisters in the Missions. You can use your Will to make a gift of a dollar amount, a specific property or a percentage of your estate; you may also donate the unspecified remaining value after you have cared for your loved ones.
Life Insurance: One of the simplest ways to make a significant gift in the future is to name the Lay Mission-Helpers Association as beneficiary to receive all or a portion of the proceeds of a policy no longer needed for its original purpose. You can also donate a Life Insurance policy in your own lifetime and receive tax credit by naming LMH as the owner and beneficiary of the life insurance policy. Your insurance agent can offer you the details.
As an example, Mr. Smith owns a $100,000 life insurance policy with a current cash value of $40,000. By transferring the policy to the Lay Mission-Helpers Association as the new owner and beneficiary, Mr. Smith is able to receive a current charitable deduction in the amount of $40,000. Also, if Mr. Smith continues paying the premiums on the policy after the gift is made; these additional premium payments will be tax deductible each year.
Revocable Living Trust: You may choose to rely on a Revocable Living Trust to pass your property to loved ones while minimizing probate costs. This can add a charitable dimension to your plan. At the termination of your Revocable Living Trust, you can provide that a portion of the assets in the Trust be gifted to the Lay Mission-Helpers Association. Much like a charitable bequest through a Will, such a gift is deductible from estate taxes and can take effect after you have cared for your loved ones.
Donations of stock or property: A means of avoiding capital gains tax and making a difference in the work of the Lay Mission-Helpers Association is to donate appreciated stock or property. As an example if a stock was purchased for $100 and is now worth $1,000 - a donation of that stock or property to LMH provides the donor a $900 savings in income upon which capital gains tax is computed and a tax deduction for the full fair market value of the stock or property at the time of the donation.
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Everyone's situation is unique, and we will be happy to discuss with you your desire to leave a legacy of support for the Lay Mission-Helpers Association.
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