Why leave a legacy gift?
Ted & Linda have been donors to World Compassion Network for over 13 years. Their journey of compassion first aligned with WCN when WCN responded to the aftermath of a horrific tsunami in Japan. As the years went by, Ted and Linda invested more in WCN through becoming monthly donors with ever increasing gifts. Even though Ted & Linda are only in their 60’s, they decided to ensure their future investment in WCN by designating a portion of their wills to WCN. They want to help sustain the work WCN does with those suffering from disasters and poverty. Ted & Linda are excited and proud to leave this continuing legacy behind.
Many tools exist to leave planned and legacy gifts to a charitable organization. Some are quite simple to use and others are more complicated requiring consultation with an estate planner or other financial professional. A few of the many ways to leave your legacy are noted below for you to consider. Consider making a sustaining investment!
This information is not intended as tax, legal, or financial advice. Gift results may vary: consult your personal financial advisor or estate professional for information specific to your situation.
Plan Now to Make an Impact Later
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Gift in Will or Trust
Make a simple bequest in your will or trust. Keep your assets during your life in case of a need. Can change plans later.
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Beneficiary Designation Gift
Donate life insurance, investments, and bank accounts as you see fit. Retain control of assets during your lifetime for potential needs. While IRAs are subject to high taxes for heirs, they are not taxed if left to charity. Can easily change plans.
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Designation of Donor Advised Fund
Easy beneficiary designation gifting that will make a lasting impact. A fund is simple and inexpensive to set up.