Making a Planned Gift is Easier Than You Think. You Can Help Build a Better and Stronger Valley.
It’s your plan… it’s your legacy!
- Leave a gift in your will or trust
- Designate a nonprofit as a beneficiary of a portion of your IRA or other financial accounts
- Give life insurance you no longer need
- Give appreciated stock and save on taxes
- Consider a gift of real estate
- Donate your IRA required minimum distribution directly to a nonprofit and avoid taxes.*
Speak with your trusted professional financial advisor or call (203) 751-9162 to explore which planned-giving option is best for you.
*Must be 70½ years or older.
Gifts from Your Will or Trust
The bequest is a revocable gift from a will or personal trust of cash, securities, real estate or other assets. A common form of a bequest is a percentage of one’s assets or the residual value of the estate given in your memory or in that of a loved one. Your existing will can be easily amended through a codicil.
How It Works
- Include a gift to your favorite Valley charity(ies) in your will or trust. (Here is sample language for your will.)
- Make your bequest unrestricted or direct it to a specific purpose.
- Indicate a specific amount or a percentage of the balance remaining in your estate or trust.
Important Related Topics
Benefits
- Your assets remain in your control during your lifetime.
- You can modify your gift to address changing circumstances.
- You can direct your gift to a particular purpose (be sure to check with the charity(ies) to make sure your gift can be used as intended).
- Under current tax law, there is no upper limit on the estate tax deduction for your charitable bequests.
Please let your charity(ies) know if you have already included them in your estate plan or if you are considering doing so, even if you prefer to remain anonymous. You can be thanked during your lifetime.
