Legacy giving is for everybody, not just the wealthy. It represents a meaningful way to reflect and express one’s values. And, it strengthens the causes we care about for the long term.
The practice of Legacy Giving, through structures in the federal tax code, can run the gamut from simple to complex, depending on the needs and desires of donors. While charitable intent is the primary driver, favorable tax treatment and/or income generation are often desirable components of planned giving.
Bottom line, Legacy Giving, also known as ‘planned giving’ embraces the many ways donors can plan their estates and charitable giving in ways that benefit both family and charities.
Working with your attorney and financial advisor, you can choose to give to an existing fund or to establish a fund of your own. Either way, you make a lasting gift to the place and causes you care about. Contact us with your questions. We will be glad to send some basic materials to get you started, and we can also refer you to well-qualified attorneys and financial planners who know how to incorporate your charitable interests in your estate plan.
Join other individuals and couples who are committed to the future of Jefferson County by joining Jefferson Legacy Society! We look forward to hearing from you!