For over 40 years, Baptist International Missions, Inc., has been used of the Lord to assist local churches in placing church planters in the United States as well as many countries around the world.
Thousands of churches and individuals have assisted in shaping BIMI's vision by their generosity. Their gifts have been instrumental in keeping more than 1000 missionaries on the frontline of world evangelism.
Many Christians are asking, “How can I continue to give to world evangelism after I’ve gone to heaven?” This important question has an answer.
BIMI has established a “Living Forever” ministry that can provide a service to those who want to “leave a legacy that will live forever.” The following services are available for your consideration.
Living Forever Charitable Estate Planning
BIMI provides estate planning to assist clients in providing for their families and reducing income and estate taxes, as well as providing funds for world evangelism.
Living Forever Charitable Remainder Trusts
Assistance is available in designing and establishing charitable remainder trusts. These trusts assist in current income tax deduction, avoid capital gains taxes, and provide income for life. The BIMI's Living Forever Ministry is willing to serve as trustee.
Living Forever Designated Gifts
Gifts of stock, bonds, or real estate can be given to the foundation to sell or disburse and the income be used in BIMI’s ministries worldwide.
Living Forever Advised Funds
The Living Forever Ministry offers Advised Funds in which the donor makes gifts and receives a current income tax deduction.
Living Forever Endowment Funds
The Living Forever Ministry offers a special type of private foundation so donors can receive a current income tax deduction. The principal remains permanently in the Living Forever Ministry with the interest being disbursed to various BIMI ministries. The Gift can be given in honor of a spouse, parent, child or friend.
Living Forever Gift Annuities
The Living Forever Ministry provides, in exchange for cash or other assets such as securities, a donor with a guaranteed regular income for life. Married couples often choose to have the income continue for as long as either lives. The donor receives an income tax deduction when the annuity is funded and part of each payment is tax-free.
Living Forever Life Insurance
A gift of life insurance may provide an affordable method to make a donation. By purchasing or donating a life insurance policy in which the Living Forever Ministry is made owner or beneficiary, the donor can receive a charitable income tax deduction for the current value of the policy and for future premium payments.
The Living Forever Ministry also will accept paid-up insurance policies that may no longer be needed for their original purpose. This will allow the donor to receive a charitable income tax deduction that is approximately equal to the cash surrender value of the policy.
Living Forever Gifts of Kind
The Living Forever Ministry is prepared to receive gifts such as real estate, or farms and allow the donor to use the property for the remainder of his life. The donor may arrange to retain use of the property for a spouse or loved one as a life tenant after his/her death. An immediate charitable income tax deduction is available based on the value of the property and the age of the tenant.
You can request more information about gift and estate planning for the following:
- Charitable estate planning
- Charitable Remainder Trusts
- Designated gifts
- Advised funds
- Endowment funds
- Gift Annuities
- Life insurance
- Gifts of kind
- A complimentary copy of "The Christian's Estate Planning Workbook."