Legacy of Love

Planned giving or legacy giving, is the act of making a commitment to donate a significant gift to a charity or non-profit, typically through an estate plan, while maximizing tax benefits (bequests in a will, charitable trusts, gifts of life insurance, retirement assets, or property). It’s a meaningful and impactful way to ensure your values and dedication to Wonders & Worries’ mission continue beyond your lifetime.

There are many benefits of planned giving, including:

• The opportunity to provide long-term support to an organization
• The chance for donors to establish a legacy or leave a memory of life
• The ability to leave a major gift that may not have been possible in their lifetime due to financial constraints

In addition, charitable gifts are often exempt from Estate Tax, meaning more of the gift goes directly to the organization.  Also, donors can avoid capital gains taxes when they transfer assets as part of a planned gift, maximizing the contribution to the charity.

You don’t have to be wealthy to make a significant gift to Wonders & Worries. Everyone, regardless of their financial status, can participate in planned giving. A planned gift, no matter how small or large, can contribute to the ongoing efforts and sustainability of Wonders & Worries’ mission. Planned gift generosity can fund programs, support services, enable research, and inspire others to give. In many cases, a planned gift can have a lasting impact that far outlives a one-time donation. You can create a legacy of generosity and compassion with even a modest bequest and have a profound impact on children and families who need future support.

Planned giving is a tool that you can use to extend your impact and values beyond your lifetime. It’s never too late or too early to start planning. Let us help you find the planned giving opportunity that is right for you.

• Outright Gifts are one-time contributions made directly to the charitable organization. Outright Gifts could include cash, personal property, securities, or stocks. For example, you could donate a piece of real estate to an organization. The charity could either use the property or sell it and keep the proceeds.
• Gifts that return income refer to anything that continuously provides financial support to an organization. A Charitable Remainder Trust would be considered a gift that returns income, as the Trust would annually pay either a fixed percentage or set dollar amount to the organization of your choice.
• Gifts payable upon the donor’s death are typically laid out within an Estate Plan and will generally avoid estate tax. An example would be if you named Wonders & Worries as the beneficiary of your life insurance policy.

Let us help you find the planned giving opportunity that is right for you.

For questions or to learn more about becoming a Legacy of Love member, please contact Nicole Halder, Senior Director of Development & Outreach at [email protected] or 512-580-3619.