Frequently Asked Questions
How do I arrange for a gift of my stock?
It’s important that you contact us so we can provide proper transfer instructions. If you own securities in a brokerage account, we can help you arrange an electronic transfer of shares to our brokerage account. If you possess actual stock certificates, we can tell you how to sign the certificates over to Biglife and fill out a stock power form.
Do I really need a will?
For many Christians, a will serves as an expression of their belief that God owns everything and wants us to properly steward those resources entrusted to us. Writing a will speaks powerfully to future generations about what matters most to you!
Having a will may be helpful for…
- Reducing taxes
- Giving to your favorite ministries in substantial ways
- Minimizing family disputes
- Providing for a family member with special needs
- Transferring a family farm or business
- Avoiding probate expenses and delay
What are the benefits of donating personal property?
You will receive an income tax deduction equal to the appraised fair market value of the property, with no capital gains tax due on its transfer to us. You can also make a gift using property that you no longer need or no longer wish to maintain.