Has LIFE ElderCare touched you or someone you love?
If so, consider giving a legacy gift as an investment in serving more seniors and in building strength in your community
With uncertain funding, we continually face the challenge of financial sustainability. There are many ways besides writing a check to support LIFE ElderCare’s programs. Some of these options may benefit you as well, through tax savings for you and/or your heirs.
Your Will
One of the simplest ways of making a gift to LIFE is through a bequest in your will or other estate planning documents. The different types include:
- A Specific Bequest - an outright gift of money, stocks or bonds, land, tangible personal property or other assets.
- A Residuary Bequest- the donor leaves all or part of the balance of an estate to LIFE after all the specific bequests have been satisfied.
- A Contingent Bequest- which provides for the disposition of the estate if one or more of the named beneficiaries fails to survive the donor (this can be used in conjunction with a specific bequest or a residuary bequest.)
Review suggested wording to use in your will.
Gifts of Stocks
If you are interested in giving stocks to LIFE, call us or talk to your financial advisor about how much you want to give and the timing of your gift.
Other planned giving options include:
- Retirement accounts or life insurance policies
- Charitable Remainder Trusts and Charitable Lead Trusts
- Life Income Plans
- Gifts of Real Estate
- Living Trusts
- Gift Annuities
Legacy gifts can help us achieve long-term financial growth, stability and sustainability. For more information, please contact Patricia Osage, Executive Director.
Please Note: LIFE ElderCare is not engaged in rendering legal or tax advisory services. For advice and assistance in specific cases, the services of an attorney or other professional advisor should be obtained.
