Include Wretched in your estate planning.
We are honored with your interest in making a legacy gift to support Wretched.
Will or Trust
Naming Wretched in your will or trust is a simple way that you can maintain your support for generations to come. Your gift can be a percentage of your estate, a specific dollar amount, a specific asset, or the remainder of your estate after other distributions.
The following information can help you place Wretched in your will or trust:
1. Wretched’s tax id number is 45-3788065.
2. Wretched is a 501(c)(3) tax-exempt organization operating as a Georgia nonprofit corporation.
3. The following is a sample of what you can use in your will or trust:
I give the sum of _________% of my estate* to Wretched, Attn: Development Department, 3070 Windward Plaza STE F301, Alpharetta, GA 30005, to be used for its work and ministries
*You may substitute a dollar amount in place of a percentage.
4. Please consult an attorney if you have questions about creating or amending your will or trust.
An excellent way to make a legacy gift is by naming Wretched as a direct or contingent beneficiary of your retirement plan or IRA. Retirement accounts are typically the best assets to leave to charity as they are the most heavily taxed assets in your estate. If you were to name Wretched as a beneficiary of your retirement account, you would avoid all tax on the amount distributed to Wretched while providing a lasting legacy to the ministry.
Changing your beneficiary designation requires minimal paperwork and can even be accomplished online if your account offers that service.
A gift of your life insurance policy provides a unique opportunity to support the ongoing ministry of Wretched. Such a legacy gift is simple to arrange and does not require the services of an attorney or related legal costs. By designating Wretched as the primary or contingent beneficiary of a life insurance policy, the size of the gift is assured in advance—it will not depend on the fluctuations of the market or other economic factors. Since the donation is made outside of your will or trust, it guarantees that your wishes will be carried out immediately and as intended. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate-tax charitable deduction for the value of the gift to Wretched.