A Guide to Planned Giving

Gifts from your estate are an excellent way to make a contribution to the church that will Build Kingdom for years to come. Should you desire to support Austin Ridge Bible Church with a gift from your estate, please follow these simple guidelines.

WILLS AND LIVING TRUSTS:

Including Austin Ridge Bible Church in your Will or Living Trust will continue your call to support ARBC after your lifetime. No charitable gifts can be made from your estate without a stated designation through a will. To do so, please use the following bequest language:
“I, [name], give, devise and bequeath to Westlake Bible Church DBA Austin Ridge Bible Church, the sum of [$ ______ or ____ % of my estate].”

LIFE INSURANCE & INVESTMENT AND RETIREMENT ASSETS:

Retirement assets are tax-deferred accounts intended to promote savings for retirement. You can name Austin Ridge Bible Church as your primary or contingent (secondary) beneficiary on your investment accounts. Please consider reviewing your beneficiary information and designating Austin Ridge Bible Church as your primary or contingent (secondary) beneficiary on your 401(k), 403(b), IRA, Annuities, or Life Insurance policy.

Because most retirement plans are tax-deferred and therefore subject to income tax to your beneficiaries, retirement assets make ideal gifts to Austin Ridge Bible Church. Naming ARBC as the beneficiary of retirement assets upon death generates no income taxes.

These assets require separate beneficiary forms. The beneficiaries of these assets can be easily modified at any time to meet your changing needs. For workplace accounts, you may be able to make your designation online or through your HR department. For private accounts, you can contact the investment company to request a beneficiary designation form.

Please use the following language:
“I designate Westlake Bible Church DBA Austin Ridge Bible Church to receive the sum of [$ ______ or ____ % of my account/policy].”

THE GIFT OF REAL ESTATE:

Did you know that you can donate your house or other real estate to ARBC and receive a significant income tax deduction?

If you would like to donate real estate to Austin Ridge Bible Church, please let us know your intentions first. Once we are aware of your plans for making this type of donation, we will want to make sure your goals can be realized within our gift acceptance policies. We will also need to inspect the property and perform other types of due diligence.

We sincerely hope you will contact us about leaving a gift that will have a lasting impact for years to come. If you have any questions, please email us or call (512) 263-7701. We would be honored to answer your questions and help you process your gift.

LIFETIME GIFTS FROM IRAS:

If you are at the age where you must take IRA distributions, you can give up to $100,000.00 per year to Westlake Bible Church DBA Austin Ridge Bible Church tax free. It is called a Qualified Charitable Distribution or QCD. Please contact us for more details on how to give through by QCD.

BANK AND INVESTMENT ACCOUNTS:

You can also, at your passing, transfer your bank, credit union and regular investment accounts to Austin Ridge Bible Church. You can do this by putting a POD (Payable on Death) or TOD (Transfer on Death) designation on those accounts to Westlake Bible Church DBA Austin Ridge Bible Church. Ask your financial institution for assistance with this, or contact us with any questions and we are happy to provide more information.