It can be satisfying to know that a portion of your property will be put to good use in the future
In addition to filling an important role in providing for the future financial security of your family and others, your will or living trust can offer a way to make thoughtful charitable gifts to Steps to HOPE as part of your long-range estate and financial plans. It can be satisfying to know that a portion of your property will be put to good use in the future.
A gift made through a will or living trust can be convenient to arrange. A simple provision or amendment prepared by your attorney at the time you make or update your will or trust is all that is necessary. Gifts included in wills and living trusts are popular because they are flexible, easy to arrange, and may be changed with your life circumstances.
Ways to Give Through Wills and Trusts
- Make a gift of a specific amount
- Provide for a gift of a particular property. Real estate, stocks, and other items of value are examples of properties that can be used to fund charitable bequests
- Designate that a percentage of your estate be given to Steps to HOPE through your will or living trust
- Give the remainder, or residue, of your estate—that is, what remains after all other bequests to friends and loved ones are satisfied
- Name Steps to HOPE to receive a bequest in the event other heirs do not survive you
Charitable gifts are normally exempt from federal and state taxes. To plan a charitable bequest, inform your attorney of your wishes and ask for advice regarding tax considerations and the best form for your gift.
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