Welcome to the planned giving web site of Liberty Bible Academy. Planned gifts can benefit LBA while helping you to save taxes, increase your income and pass more on to your heirs.

Did you know that...

• You can receive income for life in exchange for a gift?
• Giving appreciated property, like stocks or real estate, costs less than giving the equivalent amount in cash?
• Some assets can benefit you more if you give them away?
• Some gifts cost nothing now, but leave a legacy later?
• Some gifts allow you to pass more on to your heirs and save taxes?

Here are some types of planned giving that you may choose to consider:

Bequests

A gift of cash or property made through a will or living trust ensures a tradition of giving that will continue after the donor's lifetime.  Liberty Bible Academy can be named as a beneficiary of an estate, as the recipient of a stated dollar sum, or as a residuary beneficiary.

Life Insurance

Life insurance can provide the opportunity to make a substantial gift.  A policy that is no longer required for its original purpose may be transferred to LBA.  New policies naming LBA as beneficiary may be developed as long-term planned giving.

Remainder Trust & Annuities

Charitable Remainder Trusts and Annuities are income plans that allow the donor to make a gift while retaining the income for his or her lifetime (or a term of years) or for the lifetime of a named beneficiary.

Charitable Lead Trusts

Charitable Lead Trusts are plans that allow the donor to make a gift of interest earned from assets for a fixed number of years.  Later, the principal will go back to the donor or beneficiary.  This gift works well if you do not need current income and want the assets to go to a beneficiary.

Whether you are just beginning to explore your options or already know what gift plan you would like to explore, please be assured that LBA will be very prudent in our use of any gift that is entrusted to us.

Leave a Legacy

Here are some ways you could leave a legacy at LBA.

1. Prepare a will - Only 50% of those who pass away have one. Without a will, you lose control of the possessions and wealth you worked a lifetime to acquire.
2. Leave a gift in your will for LBA. Less than 3% of all wills settled contain a charitable provision. Imagine the positive impact on our community if everyone made a donation to a favorite non-profit, even a modest gift.
3. Leave a specific dollar amount or percentage of the assets in your will to LBA. The provision can be part of a new will or added to your existing will with a simple amendment called a codicil.
4. Consider using assets for your charitable gift to LBA - such as - cash, stocks, mutual funds, term insurance policies, or real estate. Such gifts may even provide tax savings to you and your family.
5. Name LBA as the beneficiary of your IRA, retirement plan or pension plan.
6. Purchase a new life insurance policy naming LBA as the beneficiary.
7. Name LBA as the beneficiary of an existing life insurance policy.

To leave your legacy gift through LBA, contact our development office today at (513)754-1234, or email Christine Hackler, Principal.

Through your generous gift, LBA can benefit and continue to provide Christian education to our community for many years to come.