GIVING THROUGH YOUR WILL OR LIVING TRUST 

In addition to its importance to your family and others you wish to benefit, your will or living trust can be a useful way to make a significant contribution. It’s a gratifying way to know your property will be put to good use after you no longer need it.

A donor advised fund is an ideal tool for estate and charitable gift planning.  Naming your donor advised fund as the charitable beneficiary of your will, charitable trust, gift annuity, retirement plan or insurance policy at the time of your death offers ultimate flexibility and simplicity. You advise us as to whom, how much, and when to give from your fund. You may add or delete charities by letter, saving you the time and expense of changing wills, trusts or other legal documents.

A gift made by will or living trust can be simple to arrange. A provision or amendment prepared by your attorney at the time you make or update your will or trust is all that is necessary. Gifts through wills are popular because they are easy to arrange and may be changed at any time you choose.

Such gifts may be arranged in several forms:

• You can give the remainder, or residue, of your estate–that is, what remains after all other bequests to friends and loved ones are satisfied.

• You can designate a percentage of your estate to be given through your will or living trust or you can leave a specific dollar amount.

In all cases, any charitable gift by will or trust is deductible for estate tax purposes, so no tax will be due on assets given in this way.