LEGACY FAQs

Becoming an APCE Legacy Partner is a way to ensure that Christian educators are connected, enriched, and empowered to carry out their educational ministries for years to come.  Legacy Partners make arrangements now to include APCE in their estate plans. Some of the ways to do this:

A Gift in Your Will
You can designate an amount or a percentage of your estate that you wish to give to APCE. An attorney may or may not be necessary. A codicil (signed by you and two witnesses) can be added to an existing will.

Charitable Gift Annuity
A charitable gift annuity provides you with a dependable source of income during your lifetime, then becomes an asset that supports the work of APCE after your death.

Beneficiary Assignments
You may have assets that you no longer need or may no longer need at a point in the future. You can name APCE as the beneficiary of a bank account or a certificate of deposit, for example, while retaining the flexibility to change this designation if circumstances dictate.

Life Insurance
Life insurance is often purchased for a specific use, such as to provide for a family’s living expenses if the primary breadwinner dies or to cover the cost of a college education. Once that need has been met, you can request a change of beneficiary form and make the policy payable to APCE upon your death.

Retirement Savings
Retirement savings may be among the most heavily taxed assets in an estate. To avoid these taxes on your heirs, you may choose to donate all or a portion of your retirement savings to APCE.

It can be.  It also can be included in your estate plan, which includes your will and any other documents (trusts, insurance policies, bank accounts, CDs) that assign beneficiaries.

We recommend that you consult a financial advisor, a tax professional, or an attorney to help you decide which option is best for you.

Not all options require legal help.

To become an APCE Legacy Partner:

1. First, you will arrange for a portion of your estate to be directed to the APCE Endowment Fund.
2. Second, you will notify APCE of your commitment to give a Legacy Gift by submitting your information on the form linked at the bottom of this page. Any information you share through this form provides APCE a non-binding record of your Legacy Gift intention.
3. When it is time, Legacy Gifts wil be received by Texas Presbyterian Foundation or Presbyterian Foundation, whichever the Legacy Partner has specified.

No, you do not.

It is important that your heirs, and the executor of your will, know of your plans. Keep any estate-related documents, signed notes, and instructions with your will,  and tell the executor and/or heir where you keep these documents.

Since APCE is a non-profit 501(c)(3) tax-exempt organization, Legacy gifts are not subject to federal estate taxes and thus reduce the tax burden of your estate.

Here is where it is helpful to check with a financial advisor as the options vary.

It is a one-time gift. Also known as a bequest or planned gift, it is made when people are making decisions about what is to be done with their estate after they die.   

You can remain anonymous; however, we encourage you to share that you have become a Legacy Partner.  It can encourage others to include APCE in their estate plans.