Many people believe that only the “wealthy” can give through their estate. However, anyone can make a difference through planning.
What are Planned Gifts?
Planned gifts are a variety of charitable giving methods that allow you to express your personal values by merging your family, financial, and charitable goals. Planned gifts can be made with cash, but many are made by donating assets such as stocks, annuities and wills – or setting up a charitable gift.
Planned gifts can provide valuable tax benefits for you, your spouse or other loved ones. The most frequently-made planned gifts are bequests to charities, made through your will. Gifts also can be made when a donor designates Women and Children First as the beneficiary on their life insurance, IRA, or pension plan.
Creating a Planned Giving Strategy
Making a planned gift usually requires the assistance of both the charity and a professional adviser such as an attorney, financial planner, or CPA to help structure the gift. To learn more about making a planned gift to Women and Children First, contact Angela McGraw at [email protected] or (501) 376-3219.