Review these advantages:

• Fixed payments for life


• More efficient use of assets


• Attractive tax benefits


• A legacy of giving involving your family

Contact Administrator: (718)345-1252 or e-mail: reshapinglives@yahoo.com

Cash gifts are the simplest and most popular type of charitable gift Reshaping Lives receives. Cash contributions are tax deductible as allowed by law.To send your donation to Reshaping Lives Ministries today, make your check or money order payable to Reshaping Lives Ministries and mail to:

Reshaping Lives Ministries
P.O BOX 120-137
Brooklyn, NY 11212

Rather than making an outright cash gift, you may wish to pledge your contribution over a period of time. Pledges can be made securely online at reshaping lives.com and can be in the form of an automated clearing house deduction from your bank account or via online pledges to your debit or credit card.

Reshaping Lives Ministries Inc, welcomes such donations as homes, buildings, vehicles, aircraft, jewelry, boats and others.

A bequest is a planned way to Sow Seeds for the Kingdom by including Reshaping Lives Ministries Inc. in your will. With your attorney�s help, this can be a way to save on or avoid estate and gift taxes. Distributions can be made either as a specific dollar amount or as a percentage of the estate.

The contribution of an existing or new life insurance policy can provide a significant gift in a matter which can be especially attractive for younger donors. By designating Reshaping Lives Ministries Inc. as both the owner and beneficiary of a life insurance policy, your premiums are tax deductible.

A gift of appreciated publicly traded securities can bring you tax savings by offering two significant advantages:

• You avoid paying capital gains on the increased value of the security.

You receive a charitable deduction for the full fair market value of the security when the gift is made, subject to the same limitations described under gifts of real estate. Usually the security must have been held for at least 18 months.

A charitable gift annuity (CGA) is a contractual arrangement between you and Christian Community Foundation that is available in most states.Christian Community Foundation is our charitable gift annuity provider. You make an irrevocable gift of cash, securities, or real estate (minimum $25,000) in exchange for fixed payments for life, with the remaining value benefiting Reshaping Lives Ministries Inc. at your death. Benefits include:

• Security � You receive fixed payments for life which will not change regardless of whether interest rates rise or fall.


• High Rate of Return � You may be receiving interest from certificates of deposit or dividends from securities that are considerably less than you received from these investments a few years ago. Depending on your age, and the age of the second annuitant, your annuity payments may be considerably more than you are presently receiving.


• Tax Savings � You will receive a current tax deduction in the year of your gift. Part of your annual payments may be a tax-free return of principal. If your gift is appreciated property, you may avoid capital gains taxes on the gift portion of the annuity, with the remaining capital gains spread over your life expectancy.


• Providing for Others � A gift annuity will make payments for up to two people for life. You may wish to include your spouse, a child with special needs, a parent, or a special friend. Even if you name someone else to receive the income, most of the tax benefits belong to you.


• Flexibility � You may choose an immediate annuity that starts on the date of your gift, or you may choose a deferred annuity which delays payment until later, to supplement your retirement or achieve other financial goals. You choose the frequency of the payments � annually, semi-annually, or quarterly. You may designate payments for one or two persons.

Transfer ownership of a home or farm while retaining the right to use the property during your lifetime. Transferring ownership of a personal residence or farm to Reshaping Lives Ministries Inc. is an excellent way to support Reshaping Lives Ministries Inc. receive income tax deductions, and retain the enjoyment of the property for life. Because you transfer ownership of the property to a charitable organization, you receive an immediate charitable income tax deduction, with the usual 30 percent limitation and five-year carry-over. The amount of your deduction is based on the value of the charity's future interest in the property. Though you benefit from the charitable deduction, in most cases you continue to be responsible for maintenance and property taxes. As with any gift, removing this property from your estate can also lower your estate taxes and probate costs.

An easily established charitable trust can provide a current charitable deduction for you in addition to income for you and/or Reshaping Lives Ministries Inc. during your lifetime. The income stream could be fixed dollar amount or a fixed percentage. Estate and gift taxes can be lowered or eliminated by the proper use of these trusts.This gift can be very attractive because it has the potential to increase the income that you may be receiving from low yielding savings accounts, stocks, bonds, or certificates of deposit.The income must be distributed to you, your spouse or other designee; at the end of the term of the trust the assets would be distributed to Reshaping Lives Ministries Inc.

Individuals with very large estates can use a charitable lead trust to benefit Reshaping Lives Ministries Inc. and pass principal to family members with little or no tax penalty. It works like this: You transfer assets to a trust that provides payments to Reshaping Lives Ministries Inc. for a term of years. Then the trust principal goes to your children, grandchildren, or others free of, or at greatly reduced, federal gift and estate tax. (Please note that a generation skipping tax [GST] is imposed on large transfers to grandchildren and others who are more than one generation younger than you.

This is good and exciting news for IRA owners. Congress is in the process of compromising on a bill that will affect all IRA owners and their mandatory distributions at age 70 1/2.

A key component of good stewardship is the careful designation of beneficiaries. This is a very important if you maintain deferred retirement plans such as an IRA. If you leave retirement funds to an individual, he or she will incur taxes on the deferred income. If you name Reshaping Lives Ministries Inc. no one-not the estate, your love ones, or Reshaping Lives Ministries Inc. will pay taxes on the IRA.

Selling a business can lead to significant income or capital gains taxes. With your attorney�s help, you can often use a charitable trust to minimize or eliminate these taxes.

Many of you have purchased government savings bonds over the years, with income accumulating ever since. Although you do not have to pay income tax as the interest accrues, look what happens later

• If you cash the bonds, you will pay regular income tax on the accumulated interest.


• If you transfer the bonds, the recipient pays the income tax.


• If your heirs or beneficiaries receive the bonds after you die, the income will be taxed at their option to the deceased (on his or her last income tax return), to them, or to the estate. In any case, someone will pay the tax.

As an alternative to paying income taxes on the bond interest, you might consider a specific bequest of the bonds to Reshaping Lives Ministries Inc. We will not have to pay the income tax when we redeem the bonds after your death. A bequest of the bonds to Reshaping Lives Ministries Inc. would qualify for an estate tax charitable deduction and avoidance of estate taxes on the bonds as well.

You may be considering including Reshaping Lives Ministries Inc, with one or more of the excellent vehicles listed above, but you may be concerned about leaving assets to your children or grandchildren. With proper planning, you can do both. A wealth replacement trust would provide your loved ones with life insurance dollars in an amount that you set in addition to the money that you Sow for the Kingdom. These dollars would be estate and income tax free. You can also control your loved one�s access to the trust if you do not choose to leave them an immediate lump sum.