Planned Giving

Congregation Beth Shalom of the Blue Hills offers opportunities using planned gifts to enable all congregants to provide important financial support for a wide range of needs. Here is an outline of planned giving options.

Bequest Under a Will

The most common planned gift occurs at the death of the donor but represents a special opportunity to provide ongoing financial support for an organization that he/she deeply loves and believes in. The donor keeps the funds during his/her lifetime and a gift can be made in any amount through a bequest. Although the donor will not be able to see the good works he/she intends, the donor(s) will join a growing number of members dedicated to the congregation’s future.

Life Insurance Policy

An existing or new policy may be transferred to Congregation Beth Shalom of the Blue Hills and the congregation becomes the owner and beneficiary of the policy. The donor may continue to pay premiums if required, and the premiums may be tax deductible to the donor. If the policy is paid up, no further premiums will be due.

Retirement Plan Proceeds

Congregation Beth Shalom of the Blue Hills can be named as the beneficiary of certain retirement plans. When used as part of an overall estate plan, as is the most “tax efficient” portion of an estate to leave to the congregation.

Other Trust Options

Several other trust options exist, both to benefit the donor and Congregation Beth Shalom of the Blue Hills, including a Charitable Remainder Trust (CRT). These options usually require a one-time gift of at least $100,000. Various tax benefits are associated with this trust. Please feel free to bring any options not mentioned to our attention and we will do what we can to accommodate your request.