Below are some of the most frequently asked questions regarding planned giving:
Q. What is an estate? I don't have a lot of money or property!
A. “Estate” is simply a word describing any money or belongings you have at the time of your death. Most people have an estate, even if they are not wealthy. Anyone can leave a gift to Saint Joseph Prep Family, as well as to their family.
Q. What is a bequest?
A. A gift passed on to another, as in a will; something that is bequeathed; a legacy.
Q. How do I leave a gift to Saint Joseph Prep?
A. Most people give by leaving a charitable gift in a will or trust, or by naming Saint Joseph Prep as a beneficiary of an insurance policy or retirement plan such as an IRA.
Q. Do I tell Saint Joseph Prep that I've left a gift to the school in my will?
A. That's up to you. Saint Joseph Prep would prefer that you let us know about gifts in advance. This way, we can recognize your generosity and possibly use your support to encourage others to do the same.
Q. Who can help me in making a gift to Saint Joseph Prep?
A. A professional advisor, such as a financial planner, an attorney, or an accountant, will get you off on the right foot by advising you on the various ways in which you can make a gift.
Q. Can I leave a gift in memory of a special person or for a specific purpose?
A. A charitable gift is a wonderful way to recognize someone who made a difference in your life. You may also want to contribute to a special area of need at Saint Joseph Prep. This kind of memorial gift can be specified in your will.
Q. Why should I leave a gift?
A. You truly will leave a legacy for the future by supporting Saint Joseph Prep through a will or estate. As we celebrate our new beginning this year and look to build for our future, your generosity would play a major role in the development and growth of our school for years to come.
Everyone at Saint Joseph Preparatory High School is very appreciative of your support. We hope that this information makes you aware of a very special way to leave a legacy of your own by supporting our school which means so much to you.