Become a member of the Women In Distress Legacy Society and accomplish remarkable things through your will and estate plans.
You can include Women In Distress (WID) as a beneficiary in your estate plan, will, living or charitable trust, gift annuity, or life insurance policy. You may also specify Women In Distress as a beneficiary of a bank account, Donor Advised Fund, commercial annuity, or qualified retirement plan such as an IRA or 401K.
Through various planned giving vehicles, a person can ensure that their philanthropic giving both helps advance the mission of WID and maximizes returns to themselves or their heirs. US tax law is designed to encourage these types of gifts, and they may provide you, the donor, with financial flexibility and tax benefits as well as the opportunity to truly help make a much larger impact in your community.
There are many options from which you can choose. The correct plan balances what you wish to accomplish for yourself, your family, and your charitable interests in your overall estate and financial plans. Because these are such important decisions, you should work with professional advisors such as your attorney, accountant, and financial planner, and be sure to keep your family informed as to your wishes.
Determining what gift is right for you is just as important as making the gift.
Here are a few benefits of giving through your will and estate plans:
- Ensure that your resources create a lasting legacy of helping survivors of domestic violence in a much larger way than you could do during a lifetime.
- Through careful planning and consultation with WID professionals, you may rest assured that your philanthropic sharing will be used as you intend. Planned gifts provide the opportunity for your wishes to be articulated and agreed upon before a gift(s) is ever completed.
- Lessen the tax burden of individuals’ estates, both during your lifetime and as estates are settled. (US tax code offers many benefits for planned giving.)
- Receive benefits such as an income stream for life.
- Make an immediate impact on domestic violence survivors while receiving recognition during your lifetime.
- Share your good fortune and life accomplishments with others.
Know that the impact of your gift may last for years, or forever.
We welcome the opportunity to learn more about your wishes and are here to help you in any way we can. Our professional staff are ready to answer your questions, offer consultation, and assist with your estate planning needs.
Please contactmichael barron Director of Major and Planned Gifts or call at954-760-9800x 1278.