The Bishop Flaget Society is for all who include the Cathedral of the Assumption in their estate plans. Persons enrolled will have lifetime memberships.
There are many ways to include the Cathedral of the Assumption in your estate plans:
- Life Income Gifts
- Life Insurance
- Charitable Gift Annuities
By including the Cathedral as a beneficiary of your will, you will be providing the needed resources to benefit your parish and its ministries for future generations.
Life Income Gifts (often referred to as Charitable Remainder Trusts, Charitable Lead Trusts, and Revocable Living Trust Agreements) can be arranged by your estate professional to best benefit your needs and tax situation.
Life Insurance can offer a convenient way to fund a meaningful gift to the church.
By purchasing a Charitable Gift Annuity you can make a significant gift to the Cathedral and receive retirement income for life. Your planned gift to the Cathedral may be unrestricted, to be used for the most current needs of the parish, or may be designated to one of the following established endowments:
- Maintenance and upkeep of the historic Cathedral buildings
- Social Services
- Major Improvements (a fund for long term needs)
- Scholarship Fund (for Catholic elementary and high school education, with special attention to minority students)
Members of the Bishop Flaget Society are invited to an annual appreciation dinner to thank them for choosing to include the Cathedral of the Assumption in their estate plans.
We understand that information pertaining to your estate plans is confidential.