Call For Help, Inc.Carlyn Brooks, Executive Director |
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Serving the Metro East Community |
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9400 Lebanon Rd. East St. Louis, IL 62203 Phone: 618-397-0968 Toll Free: 800-397-8707 Fax: 618-397-6836 Angie Wilsing, Fund Developer awilsing@callforhelpinc.org |
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To contact us: |
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Planned Giving |
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Benefiting Others Through Your Will In addition to being a simple way to distribute your estate, your will can be a great way to give creative gifts. After providing for the needs of loved ones, you may choose one of several ways to benefit Call For Help and any additional organizations you may have enjoyed supporting. By having your attorney revise your will or add a simple amendment, you can make a gift of a dollar amount, a specific property, a percentage of your estate, or what is left after your loved ones have been taken care of. You may also wish to name one or more charitable recipients in case one or more heirs do not survive you. Giving Through Revocable Trusts If, like many others, you have chosen to rely on a revocable living trust to pass your property to loved ones, while minimizing probate cost, consider adding a charitable dimension to this as well. If you choose this option, a portion of the assets in your trust can be used for charitable purposes at the termination of your living trust. Much like a charitable bequest through a will, such gifts are deductible from estate taxes and can be delayed until all family members have been provided for. A Gift With an Income That Never Changes A charitable remainder trust is a way to make a gift that allows you to retain income from your property for life or for another specified period of time. Your funds are held and separately invested for payment of a fixed and regular income to you and/or someone you name. These payments can be a welcome supplement to your retirement plan and ensure the management of your assets. When the trust ends (at the death of income recipients, or at the end of the specified period), what ever remains in the trust is distributed for the charitable purposes you specify. The payments you receive each year will be at least 5% of the amount placed in the trust. You can determine the exact amount when the plan is created. This amount will never change. A tax deduction is allowed at the time you create the trust. Its size depends on your age, payment percentage, and other factors. |
There are several options available when you are planning for your future... |
