Loving Legacy Program

Unity of the Triangle’s Loving Legacy Program enables congregants and friends of Unity to help maintain the long-term prosperity of the church through planned gifts and donations.

Gifts under the Loving Legacy Program are generally those donations that are planned today but are received by UCT at a later time. These gifts may be more complex than typical cash donations for our operating fund or for our building fund, and they often require more planning and expertise. Most of these gifts (80% or more) are from bequests in wills, but there could be other types of gifts as indicated below. The national average for planned gifts to programs such as the Loving Legacy Program is about $20,000 or 20 times an annual gift.

Gifts to the Loving Legacy Program may also include special gifts that are donated to the church now — such as stocks and bonds, real estate, motor vehicles, or other items that may involve specific steps to transfer ownership to UCT. Whether the gifts involve donations now to UCT or the promise of financial gifts in the future, it is an intentional act that leaves a lasting legacy in your name and sustains the powerful work of this church for generations to come.

Below are the ways gifts may be specified for the Loving Legacy Program:

  • Bequest in a will
  • Provision in a living trust
  • Beneficiary of a life insurance policy
  • Beneficiary of an IRA or retirement account
  • Donation of personal property, like a car or other item of value
  • Donation of stock, real estate, and cash

 

4 Easy Steps for Giving to the Loving Legacy Program

  1. Make the commitment to give now through a promise of giving.
  2. Identify your gift goals.
  3. Notify your legal adviser, insurance carrier, or fund administrator to revise or establish your will, trust, insurance policy, and/or estate, naming Unity of the Triangle a beneficiary.
  4. Notify Unity of the Triangle of your gift commitment, so that we may hold you in prayer and honor you with recognition if you desire. Gifts may also be made anonymously.

Insurance policies, wills, and retirement and investment funds can all have more than one beneficiary, so your estate can benefit both your family and your church community. All donations to our church are tax-free events that shelter your estate from tax consequence. These steps above and the information below are not intended to be, and should not be taken as, legal or financial advice. Always seek the counsel of an attorney and/or a licensed, certified estate planner or financial professional when considering your options. For additional information from UCT, contact Ralph McLester at the church office, ralph.mclester@unitytriangle.org  or a member of our Board of Trustees.

 

 

Gift Basics

Wills
Everyone of legal age needs a will to avoid the state stepping in upon your passing to supervise liquidation of your estate. Your estate consists of any debts and assets owned by you at the time of your death. Assets may include bank accounts, real estate, vehicles, personal property, retirement funds, trusts, and insurance benefits. If the state probates your estate, the court will give your assets to your next of kin after taxation, but nothing will go to those special relationships in your life, nor to any church or other community important to your values. An estate planning attorney can help you draft and execute a will.

Life Insurance
You can make Unity of the Triangle the beneficiary of a percentage or all of an existing life insurance policy. You can also purchase a new life insurance policy and make the church the owner and beneficiary, with the premiums being paid as tax-deductible contributions to Unity of the Triangle. Your insurance agent can help you add Unity of the Triangle as a beneficiary to an existing policy or open a new policy in UCT’s name.

Retirement Plans
You may make Unity of the Triangle a beneficiary or partial beneficiary of your retirement, IRA, or profit sharing plan. Contact your retirement fund administrator to arrange this change.

IRAs
Individuals 70 1/2 years of age and above can contribute IRA benefits in tax-free transfers directly to Unity of the Triangle. Contact your IRA custodian to make these donations.

Stocks and Real Estate
In addition to the donations you currently make to Unity of the Triangle, you can contribute stocks and real estate to UCT and receive favorable income tax treatment. Contact your financial advisor or Unity of the Triangle for assistance.

With our Loving Legacy Program, there is never an obligation to give; only an opportunity to give, acknowledging our shared values and dedication to Truth and Unity principles, and recognizing with gratitude the source of our spiritual growth and support. Please contact Unity of the Triangle for more information or questions at (919) 832-8324.

Phone: (919) 832-8324
Fax: (919) 615-3260
5570 Munford Road
Raleigh, NC, 27612