Leave a legacy. Consider the ARVC Foundation when making your estate plans. Planned giving provides both you and the ARVC Foundation a unique connection that can honor your wishes and also provide vital sustenance to the ARVC Foundation.
Careful estate planning can ensure that your assets are distributed as you wish, often times with tax benefits to you. We hope this information is useful, but be sure to contact your attorney or estate planner who can help design the right approach for your planned gift. Please contact Barb Youmans at email@example.com or 303.681.0401 ext. 118 if you would like to discuss how to support the ARVC Foundation through planned giving.
Why Make a Planned Gift?
- Planned gifts can offer tax benefits to you. Estate planning tools such as bequests, IRA asset allocation, Charitable Gift Annuities (CGA), and Charitable Remainder Trusts offer significant tax incentives for you. For example a bequest is 100% deductible from a donor’s estate and can reduce potential estate taxes. A CGA offers the donor a tax deduction and can potentially sidestep capital gains taxes. Certain planned giving vehicles also enable the donor to ensure that his or her heirs will be financially provided for, alongside supporting a charitable cause.
- Planned gifts offer you a say in how the funds will be used. You can specify how you wish the funds to be used such as supporting specific ARVC Foundation programs, offering general support, or helping build the ARVC Foundation’s endowment. Whether you are publicly memorialized by a bequest or remain anonymous is something that can be pre-decided by you.
- Planned gifts allow you to support the ARVC Foundation without affecting your current financial situation. Since most planned giving can be structured to take effect at the end of life, you ordinarily would not have to accommodate any changes in your daily lifestyle.
- Planned gifts give the ARVC Foundation sustainability. The flexibility and relative simplicity of establishing a planned gift provides an innovative tool the ARVC Foundation can pass on to our industry and helps us build larger gifts over time and increase our ability to sustain programs.
Ways to Make a Planned Gift
There are any number of ways to make a planned gift, the simplest being bequests and beneficiary designations such as IRAs, life insurance, and annuities. The vehicle of your Planned Gift in some ways is secondary because you will need to figure out what’s best in your situation with your financial or legal adviser. We are happy to work with you and your advisor as you make plans.
- Bequests – Use one of the most popular and simplest ways to make a gift, a will or living trust. When you remember the ARVC Foundation in your will or living trust, you’ll continue supporting our mission long after you’re gone.
- Beneficiary Designations – Continue supporting our work even after your lifetime by naming us as a beneficiary of your retirement plan, life insurance, or insurance annuity assets. Take the time to ensure that your retirement plan, life insurance, and insurance annuity assets are distributed as you wish and that you understand the tax implications of your choice.
- Gift of Stock as a Planned Gift.
- Other Ways of Giving – Charitable Gift Annuities, Charitable Remainder Trusts, Memorial and Honorary Gifts, Donor Advised Funds, Endowed Gifts, Retained Life Estate, Charitable Lead Trusts.