Benefits of a Gift in Your Will
- Leave a lasting legacy with your gift
- Continue to use your assets as long as you need to
- Reduce the burden of taxes on your family
How a Gift in Your Will Works
A gift in your will is one of the easiest gifts to make. With the help of your professional advisor, you can include language in your will or trust specifying a gift to be made to family, friends, The Community Foundation or an affiliated fund as part of your estate plan, or you can make a gift in your will using a beneficiary designation form.
Here are some of the ways to leave a Gift in Your Will to The Community Foundation
- Include a gift to The Community Foundation in your will or revocable trust
- Designate The Community Foundation or an affiliated fund as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
- Name The Community Foundation or an affiliated fund as a beneficiary of your life insurance policy
A Gift in Your Will may be made in several ways
- Percentage – make a gift of a percentage of your estate
- Specific – make a gift of a specific dollar amount or a specific asset
- Residual – make a gift from the balance or residue of your estate
Contact Us
If you have any questions about leaving a gift in your will, please contact us. We would be happy to assist you. If you have been so generous as to include a gift in your will to The Community Foundation or an affiliated fund as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.
