Estate and Planned Giving
A NEW WAY TO MAKE A DIFFERENCE
A BETTER FUTURE STARTS WITH YOU
Imagine a future where all children have access to a high-quality education, where all working individuals are able to support their families and all community members can connect with the resources they need to succeed and thrive. This could be your legacy.
Benefits of a planned gift:
- Confidence in investing in an organization serving your community for nearly a century
- Sizeable income and estate tax deductions
- Favorable capital gains tax treatment
- Options to provide income for you and your loved ones for life
- Tax-free or tax-advantaged accumulation of assets for charity and heirs
PLAN YOUR LEGACY
There are a variety of giving options that align with your philanthropic goals.
Bequests: A gift can be made through your Last Will and Testament as an outright, residuary, contingency, or restricted bequest. Although you should carefully review the terms of your Will with an appropriate professional advisor, we are happy to provide the following Sample Bequest Language:
“I hereby give, devise and bequeath the sum of $____________ /or ___ % of my estate/or the following specific asset ____________________________ t
Retirement Plan Assets: Make a lasting gift to United Way while bypassing multiple levels of taxation. United Way may be named a sole, partial or contingent beneficiary of qualified retirement plans.
Life Insurance: Naming United Way as the owner and sole beneficiary of your Life Insurance policy entitles you to an income tax deduction; naming United Way as a beneficiary (but not an owner) of your Life Insurance policy entitles you to an estate tax deduction.
Charitable Gift Annuity: Provides a structured, stable stream of income for yourself and your family and can be established with a gift of cash or appreciated securities.
Charitable Trusts: Trusts are highly effective estate planning tools that can benefit donors immediately and in the future.
IRA Rollover Gifts: American taxpayers ages 70 1/2 and older can donate up to and including $100,000 from their IRAs each year without having to treat the withdrawals as taxable income.