Your Gift to Temple Sinai…Your Gift to Youth
Deciding how to arrange your will and other estate plans to best provide for and protect your family is an important decision. As you make these plans, please consider Temple Sinai as a protector and provider for your larger family – your community today and the children of tomorrow. Your bequest perpetuates our legacy of the largest religious school in the region, a nationally accredited preschool, a valued library and exemplary adult education programs. You can ensure that our children receive the education, opportunities, experiences and tools that allow them to become extraordinary contributors to the future.
We all share a commitment to the community of tomorrow, a reverence for our spiritual history and a love of Judaism through our support of Temple Sinai. Your wishes must be correctly expressed in your will or other estate plans so they may be properly carried out. The following definitions and suggested language may familiarize you with the frequently used terms; however, it is important that the guidance of an experienced estate planning professional be obtained when preparing your plans.
Specific Bequest: A gift of a specific dollar amount, percent, or asset of your estate.
Suggested wording: I give, bequeath, and devise (dollar amount, percentage amount, or description of asset) to Temple Sinai, Denver Colorado to be used for its general purposes.
Residuary Bequest: A gift of all or part of the property remaining in your estate after debts, expenses, and specific bequests have been paid (usually stated as a percentage)
Suggested wording: I give, bequeath, and devise (all or ___%) of the rest, residue, and remainder of property, both real and personal, wherever situated, that I may own or be entitled to at my death, to Temple Sinai, Denver, Colorado, to be used for its general purposes.
Contingent Bequest: A bequest that is contingent or depends on another event.
Suggested wording: I give, bequeath, and devise to (name of person) the greater of $(amount) or (___)% of the residue of my estate. Should (name of person) predecease me, I direct this sum or percentage to Temple Sinai, Denver, Colorado, to be used for its general purposes.
Benefits to you: Including Temple Sinai in your plans lets you know during your lifetime the impact you can have on the future. Your special remembrance of Temple Sinai also creates certain personal, financial and legal advantages as well. Your values and concerns for the future are reflected in the distribution of your property. Your wishes have been made known and will be honored after your lifetime. You are in charge of your assets during your lifetime and the distribution of your assets after your lifetime. Your plans can be modified should circumstances change The taxes owed by your estate can be minimized while you maximize assets to leave to family and loved ones You can become a member of Tempe Sinai’s honor and recognitions organization, Sinai Circle. Who Creates a Charitable Bequest for Temple Sinai? Congregants who support the commitment of Temple Sinai to our heritage and community Those who want to leave their spiritual mark on the future Friends who want to honor or memorialize loved ones Supports who want to make a gift yet continue to manage and control their assets during their lifetime Donors who want to reduce estate taxes People who want the comfort of knowing their charitable wishes will be honored
Consider the Future: Your generous remembrance provides the means for history, spirit, and future to come together for all. For further information on a bequest through your will, other estate plan options, or gift opportunities, please contact us at 303-759-1827.
Requests for information are confidential and non-binding. Check out www.liveonlegacy.org for more information on planned giving.