Your legacy gift is your final act of stewardship and care. Through it you can take care of your loved ones, model a legacy of generosity and ensure your favorite ministries continue to make a difference well beyond your lifetime.

Gifts in a Will

A gift by will benefits Christian Medical & Dental Associations® and may provide estate tax savings. The bequest may consist of cash, securities, real or personal property. It may be made outright or in trust.

Specific Bequest Examples

"I give, devise and bequeath all my right, title, and interest in and to [describe the specific property - real estate, personal property, securities, IRAs, etc.] to Christian Medical & Dental Society (dba, Christian Medical & Dental Associations) (Federal Tax ID #36-228-4267), P.O. Box 7500, Bristol, Tennessee 37621"

"I give, devise and bequeath [insert a dollar amount or percent of estate] to Christian Medical & Dental Society (dba, Christian Medical & Dental Associations) (Federal Tax ID #36-228-4267), P.O. Box 7500, Bristol, Tennessee 37621"

Residual Bequest Example

A residual bequest leaves the remainder of one's estate after debts, taxes, and other bequests.

"I give, devise and bequeath my residuary estate, which is all the rest, residue, and remainder of my property, real and personal of every kind and description and wherever located (including all legacies and devices that may for any reason fail to take effect), belonging to me at the time of my death or subject to my disposal by will, toChristian Medical & Dental Society (dba, Christian Medical & Dental Associations) (Federal Tax ID #36-228-4267), P.O. Box 7500, Bristol, Tennessee 37621"

Contingent Bequest Example

A contingent bequest provides for a contingent beneficiary if the one's first-named beneficiary(es) does/do not survive.

"If the above named beneficiary predeceases me, then I give, devise and bequeath such amounts of property absolutely toChristian Medical & Dental Society (dba, Christian Medical & Dental Associations) (Federal Tax ID #36-228-4267), P.O. Box 7500, Bristol, Tennessee 37621"

Unrestricted Bequest Intent

The following language should be used to describe the intent of an unrestricted bequest to be used for the greatest needs of CMDA:

 

"Said [describe the specific property or insert a dollar amount or percentage] is to be placed in the General Fund to benefit the Christian Medical & Dental Associations."

Designated Bequest Intent

The following language should be used to describe the intent of a designated bequest to ensure that all parties involved in the bequest clearly understand the donor's intent:

 

"Said [describe the specific property or insert a dollar amount or percentage] is to be used to benefit [insert name(s) of specific ministry(es), program(s), or initiative(s)]."

If you have questions about making a gift of stock, feel free to contact the CMDA Stewardship Department: 888-230-2637.

Gifts That Pay You Income

A lifetime income gift is a wonderful solution if you wish to give a substantial way but are concerned about having enough retirement income.

Charitable Gift Annuity

Establish a charitable gift annuity by giving cash, stock, or other appreciated loss, and in exchange you'll receive an immediate tax deduction and then fixed payments for life for you and your loved ones.

Read more at the Barnabas Foundation page.

Charitable Remainder Trust

Gift CMDA appreciated assets instead of selling them and avoid the immediate tax bill. The full value of your gift will be invested for the benefit of your family and God's kingdom! Receive ongoing payments for one or more individuals, including yourself. Remaining assets are distributed to your favorite charities upon termination of the trust.

Read more at the Barnabas Foundation page.