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Planned Giving

Planned Giving

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Make Your Legacy a Jewish Future

BEQUEST- CREATING A JEWISH FUTURE

Focused on every step of the Jewish lifecycle, the Chabad Planned Giving Office will utilize your bequest to lead the Jewish future. Leaving a bequest is a great way to safeguard our Jewish community. Your charitable bequest ensures that your support of Chabad will continue in eternity.

How a Bequest Works

  • Designate a portion of your estate to Chabad for a Jewish legacy.
  • Leave either a percentage or a specific amount to Chabad.
  • A bequest does not cost you anything during your lifetime.
  • After your passing, the trustee will transfer the money or real estate to our institution.
  • Bequests are revocable and can be changed or modified during your lifetime.
  • Bequests can relieve the tax burden of your family.
  • This is the most popular way for individuals to leave a Jewish legacy.
  • Please inform Chabad of your intention to leave a bequest, so we can properly recognize you as a member of the Jewish Legacy Society.

Residuary Bequest - Chabad is given a percentage of the estate.

Outright Bequest - Chabad is given a specific dollar amount or a specific asset, such as securities or real estate.

 

REAL ESTATE

A Legacy gift of Real Estate to the Chabad Planned Giving Office is a magnificent gesture to ensure Jewish continuity for years to come. You can leave a commercial or residential property, or an apartment building. Leaving a piece of real estate has many benefits.

How leaving Real Estate works:

  • Leaving a piece of real estate to Chabad can reduce your overall tax obligation and help secure the future of our center.
  • Real estate is an important way to help Chabad continue their role as the largest Jewish social service agency in the world.
  • If you want to donate your residence and still stay in the home until your passing, please consider a retained life estate.

We are always available discuss your options at your convenience. Please contact us for more information.

Allow us to work with you, your family, and if desired your financial advisor, to develop the most personalized strategy for your goals. For more information contact us.

LIFE INSURANCE

We are grateful to those who choose to work with the Chabad Planned Giving Office, ensuring Jewish continuity. The multiplier effect of life insurance is an outstanding strategy to help the Jewish community far beyond your personal finances.

A charitable gift of life insurance is a pioneering way to deliver a legacy gift to Chabad. There are several ways to donate life insurance.

How Life Insurance works:

  • You may contribute a new or existing policy by transferring the policy to Chabad.
  • You name Chabad as the owner and beneficiary of the policy.
  • There are substantial benefits to both you and our center.
  • The premium payments will provide you with an income tax deduction.
  • The endowed gift to our center will be substantially larger than the amount used to fund the insurance policy.
  • The insurance policy proceeds pass directly to Chabad outside of your estate and are not subject to probate or estate taxation.
  • Gifts of life insurance are extremely affordable for younger donors, allowing them the opportunity to make sizable gifts.
  • This is a wonderful opportunity for young leaders to make a defining statement about the Jewish future.

Always speak with a professional before making any decisions.

Please contact Rabbi Bery Schmukler for a meeting (575) 524-1330

 

 

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