Simply stated, planned giving is a way for a donor to make a contribution to Willow Tree Child Advocacy Center in the future that they may benefit from now, both financially as well as through tax deductions. A planned gift is a win/win situation by providing a possible increase in current assets to the donor, providing for heirs, while benefiting Willow Tree at a later time. Planned giving may also help the donor avoid capital gains and estate taxes.
Methods of Planned Giving
Bequest By Will
A very easy choice and can be changed at any time. You can leave cash, securities, real estate, objects d'art, or any other real estate property.
Gift of Life Insurance
Some of our supporters find that they no longer need life insurance that was purchased years ago to provide for children or other family members. If you find yourself in this situation, please consider donating the policy to Family Services. You may claim a charitable deduction for approximately the policy's cash surrender value and the proceeds are completely removed from your estate.
Life Estate Reserved
A donor gifts his/her home to Family Services, but still lives at the residence. The donor is responsible for upkeep and insurance, but receives a tax deduction and may avoid estate taxes.
Family Lead Trust
This trust makes payments to Family Services for a number of years with no income tax deduction. All assets return to the family at end of term. A good choice for the donor who wants to leave as much as possible to their family and pay as little gift and estate tax as possible.
For questions or additional information, contact Brent Roubal, Director of Communications & Development, at 920-436-4360 ext. 1332.