Leave Your Legacy

Do you want your generosity and compassion to resonate long into the future? Consider making a planned gift—a commitment to United Way through your financial or estate plan.

There are lots of ways to make that long-term impact! You can give cash, appreciated securities/stock, life insurance, a retirement plan, and many other kinds of gifts.

The benefits of funding a planned gift can make this type of charitable giving attractive:

• Donors who contribute appreciated property, like securities, receive a charitable deduction for the full market value of the asset and pay no capital gains tax on the transfer.
• Donors who establish a life-income gift receive a tax deduction for the full, fair market value of the assets contributed, minus the present value of the income interest retained; if they fund their gift with appreciated property they pay no upfront capital gains tax on the transfer. Be sure to work with your personal financial advisor.
• Gifts payable to charity upon the donor’s death, like a bequest or a beneficiary designation in a life insurance policy or retirement account, do not generate a lifetime income tax deduction for the donor, but they are exempt from estate tax.

Give us a call at (269) 343-2524