rex deus church – Donations, Gifts & Bequests

Donations, Gifts & Bequests 

The rex deus church is a spiritual warfare church. We are committed to ending the occult power that enslaves humans and animals on earth as well as freeing specific individuals from this power.

Please pray to God to ask Him if He wants you to support us.

Always perform your due diligence when making plans for creating any gifts, donations or bequests to any ministry. All ministries are not the same. Unfortunately, many churches and ministries are little more than profit centers for selected groups of individuals and do little to fight the evil systems that enslave this planet. Please be sure that a portion of the hard work and sacrifices you have made and the resources you have accumulated will be used to fight the evil on this planet, while you are alive and also long after you have passed on.

Some things unique to the rex deus church:

1) Does not accept tithing from the public at large. Only accepts gifts from approved individuals.

2) Knowingly only accepts gifts from believers.

3) Does not accept donations from public corporations.

4) Must be sure that all gifts are not associated with evil purposes.

5) Does not borrow money or pay usury.

6) Is not an IRS government controlled 501(c)(3) “organization”.

7) Is not an admiralty corporation under the jurisdiction of the Holy See of Rome.

8) Is not socialist, collectivist, communist, progressive or liberal.

9) Is a spiritual warfare and deliverance church dedicated to exposing and destroying the dark powers and their systems that enslave others.

10) Gifts are used for resources that fight evil and the survival of the church. No gifts are used for luxury items for any individual.

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The rex deus church gratefully accepts the following types of support –

Donations.

Gifts.

Grants.

Stipends.

Bequests.

Endowments.

Beneficiary of a Trust.

Beneficiary of a Foundation.

Patrons and Patronesses.

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DONATIONS, GIFTS, GRANTS and STIPENDS

Please pray about this. If you feel that God wants you to support the rex deus church, please contact us and tell us about yourself first.

Grant

A sum of money or property, given by an individual or organization, to be used for a particular purpose. A grant can be periodically renewed; however it is usually awarded one time, for one project.

Stipend

A regular, unchanging payment form of allowance or salary with no services or expectations attached, usually provided to help offset expenses.

Patron – Patroness

An influential person who periodically provides support with money, property, gifts, efforts, or endorsement a church, charity, project or institution.

Beneficiary Of Trust

A beneficiary of trust is a individual or group for whom a trust was created, and who receives the benefits of that trust. In many instances a trust is established to prevent the exhaustion of an estate.

Beneficiary of a Foundation

A foundation beneficiary is an individual or group for whom a foundation was created, and who receives the benefits of that foundation. A foundation is an independent legal entity which holds assets separately from the Founder’s personal wealth.

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BEQUESTS & ENDOWMENTS

This matter is on the public record.

We want you to live as long as possible so that you can do Gods work and fight evil on this planet. Please read You’re Not Fat. You’re Toxic and change the things you do in your life to adopt a more natural health lifestyle. The longer you live, the more damage you can do to the enemy.

Thank you for considering rex deus church as part of your estate planning program.

Some Legal Definitions to help You Understand what your Lawyer is talking about

Will

A legal document in which an individual states who should receive his or her possessions after he or she passes on. Create your will today by contacting a lawyer. Software will makers may not be legal in your state. Statistics show that over 100 million dollars per week are left by people without a will. Please be sure to seek independent legal advice when making your will so that your gift is properly worded, your will properly provides for those who may make a family provision claim and to avoid accusations of undue influence.

Bequest

The act of giving personal property or money such as stocks, bonds, jewelry and cash left to an individual or organization through the provisions of a will or estate plan.

Some types of bequests:

Pecuniary: A gift of a fixed or stated sum of money designated in a donor’s will.

Specific – A specific bequest is a gift of a specific item of property that can be easily identified and distinguished from all other property in the testator’s estate.

Demonstrative – A demonstrative bequest is a gift of a certain amount of property from a specific source or a particular fund in the testator’s estate.

General – A general bequest is a gift of property payable from the general assets of the testator’s estate.

Full Residuary – A residuary gift is a gift of the remaining portion of the estate after the satisfaction of other dispositions, such as administration expenses, taxes and creditors’ claims, and all specific, demonstrative and general bequests.

Contingent – A gift in a will made on the condition of a certain event that might or might not happen. A contingent bequest is specific and fails if the condition is not made.

A charitable bequest or trust distribution reduces the value of your estate for federal estate tax purposes, and exempts it from state inheritance taxes.

A bequest is easy to arrange, does not affect your assets or cash flow during your lifetime, and is revocable.

Endowment 

An endowment is a financial asset, in the form of a donation made to a non-profit group, institution or individual consisting of investment funds or other property that may or may not have a stated purpose at the bequest of the donor. The income from the investment funds or other property are used to support the group, institution or individual, while the principal usually remains undisturbed.

An endowment is a permanent fund into which gifts made by rex deus church supporters are placed. An endowment can be created with any custodian, in any country and in any currency, with the objective of optimizing stewardship — growth in principal as well as income for expenditure.

There is no minimum amount to activate an endowment. Only the net income from the account is distributed to the programs designated by the donor, ensuring its continuance in perpetuity.

Note that regardless of the advertisements and promises, because of near zero interest rates in the financial markets, no corporation can currently offer any long term growth for any investment. Mutual funds, ETF’s and Managed Funds are at risk for corporate incompetence as well as market downturns. One option for an endowment could be the purchase of shares of a blue chip or utility, dividend issuing stock, directly from the company with the dividend being distributed to the programs designated by the donor and the principal being protected by the corporate shares. Consult your financial professional for details.

A gift to the rex deus church proclaims your confidence that the church will continue to accomplish its mission and make a lasting difference in the lives of future generations.

These examples are for illustrative purposes only. The rex deus church does not render legal, tax or other professional advisory services. When considering charitable giving, the services of a tax, legal, or financial advisor should be obtained.

Custom designed arrangements can be provided. Please contact us and share your requirements.

Please consider the following as examples that can be included in a will and may be utilized during your estate planning program.

Bequests

Specific Dollar Amount

“I give, devise, and bequeath to rex deus church and bishop +michael kevin relfe, 250 Palm Coast Parkway NE, Suite 331, Palm Coast, Florida, 32137, the sum of _____ dollars ($ ___ ) [or other specifically described personal or real property] for its general uses and purposes.” In making this bequest, I have no intention of creating a trust and have no intention of creating a condition subsequent. [A bequest for a particular purpose may be made by the addition of words by describing the purpose or area of work for which the bequest is to be used.] At such time as the purposes as set forth in this paragraph have, in the judgment of the rex deus church become unnecessary, undesirable, impractical, impossible, or no longer adapted to the purposes as hereinabove set forth, the remaining principal balance and any undistributed balance of net earned income of the bequest shall be transferred to the general uses and purposes fund.

Specific Percentage

“I give, devise, and bequeath to rex deus church and bishop +michael kevin relfe, 250 Palm Coast Parkway NE, Suite 331, Palm Coast, Florida, 32137, an amount equal to _____ percent ( ___%) of the value of my gross or net estate at the time of my death for its general uses and purposes”. In making this bequest, I have no intention of creating a trust and have no intention of creating a condition subsequent. [A bequest for a particular purpose may be made by the addition of words by describing the purpose or area of work for which the bequest is to be used.] At such time as the purposes as set forth in this paragraph have, in the judgment of the rex deus church become unnecessary, undesirable, impractical, impossible, or no longer adapted to the purposes as hereinabove set forth, the remaining principal balance and any undistributed balance of net earned income of the bequest shall be transferred to the general uses and purposes fund.

Specific Property

“I give, devise, and bequeath to rex deus church and bishop +michael kevin relfe, 250 Palm Coast Parkway NE, Suite 331, Palm Coast, Florida, 32137, all my right, title, and interest into the following described property ______________ [describe] at the time of my death for its general uses and purposes”. In making this bequest, I have no intention of creating a trust and have no intention of creating a condition subsequent. [A bequest for a particular purpose may be made by the addition of words by describing the purpose or area of work for which the bequest is to be used.] At such time as the purposes as set forth in this paragraph have, in the judgment of the rex deus church become unnecessary, undesirable, impractical, impossible, or no longer adapted to the purposes as hereinabove set forth, the remaining property of the bequest shall be transferred to the general uses and purposes fund.

Specific Securities

“I give, devise, and bequeath to rex deus church and bishop +michael kevin relfe, 250 Palm Coast Parkway NE, Suite 331, Palm Coast, Florida, 32137, all my right, title, and interest into the following described securities / accounts ______________ [describe] at the time of my death for its general uses and purposes”. In making this bequest, I have no intention of creating a trust and have no intention of creating a condition subsequent. [A bequest for a particular purpose may be made by the addition of words by describing the purpose or area of work for which the bequest is to be used.] At such time as the purposes as set forth in this paragraph have, in the judgment of the rex deus church become unnecessary, undesirable, impractical, impossible, or no longer adapted to the purposes as hereinabove set forth, the remaining principal balance and any undistributed balance of net earned income of the bequest shall be transferred to the general uses and purposes fund.

Residual Bequest

“I give, devise, and bequeath to rex deus church and bishop +michael kevin relfe, 250 Palm Coast Parkway NE, Suite 331, Palm Coast, Florida, 32137, all of the residue of my estate, both real and personal, for its general uses and purposes”. In making this bequest, I have no intention of creating a trust and have no intention of creating a condition subsequent. [A bequest for a particular purpose may be made by the addition of words by describing the purpose or area of work for which the bequest is to be used.] At such time as the purposes as set forth in this paragraph have, in the judgment of the rex deus church become unnecessary, undesirable, impractical, impossible, or no longer adapted to the purposes as hereinabove set forth, the remaining principal balance and any undistributed balance of net earned income of the bequest shall be transferred to the general uses and purposes fund.

Contingent Bequest

“If the above-named beneficiaries should predecease me, then I give, devise, and bequeath to rex deus church and bishop +michael kevin relfe, 250 Palm Coast Parkway NE, Suite 331, Palm Coast, Florida, 32137, all of my property and estate, both real and personal, for its general uses and purposes”. In making this bequest, I have no intention of creating a trust and have no intention of creating a condition subsequent. [A bequest for a particular purpose may be made by the addition of words by describing the purpose or area of work for which the bequest is to be used.] At such time as the purposes as set forth in this paragraph have, in the judgment of the rex deus church become unnecessary, undesirable, impractical, impossible, or no longer adapted to the purposes as hereinabove set forth, the remaining principal balance and any undistributed balance of net earned income of the bequest shall be transferred to the general uses and purposes fund.

Thank you for your support,

Sincerely,

+michael relfe

bishop,
rex deus church

 

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