BEQUEST INFORMATION

Thank you for your interest in leaving St. Gabriel a bequest. Bequests are processed on behalf of St. Gabriel through the Diocese of San Diego. Please consult your attorney for any legal advice concerning your gift(s).

 

BEQUEST DEFINITION

A bequest is a gift made to charity in your will or trust. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that, by making a bequest, you are able to leave a lasting legacy.

TYPES OF BEQUESTS

There are a number of ways you can make a bequest to St. Gabriel to benefit your parish.

  • 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 St. Gabriel. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to St. Gabriel.

  • Residual Bequest - A residual bequest is a bequest that 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 charity. For example, you may wish to leave 30% of the residue of your estate to St. Gabriel.

 

BEQUEST BENEFITS

There are no limitations on bequest gifts. Bequests may be made for a general or specific purpose. All bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes resulting in a larger inheritance for your heirs.

 

BEQUEST LANGUAGE

In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to St. Gabriel in your estate plan. We have provided some basic bequest language to assist you and your attorney. For this language, please click this button:

 

 

 

CONTACT US

Please contact us if you have any questions about how to make a bequest to St. Gabriel or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us. 

 

Parish Office: 858-748-5348

Diocese of San Diego: Manny Aguilar - maguilar@sdcatholic.org or 858-490-8294 

Diocese Attorney: Bill Nolan - 858-490-8259

Thank you for your generous and continued support!

Source: Diocese of San Diego