What does it mean to leave a legacy?
Leaving a legacy is the selfless act of contributing to a cause in a way that makes an impact today, tomorrow and for years to come. You can ensure the future for Childhaven’s children by making a gift in your will that will grow for generations. Here are a few options:
Invest in the future with a bequest. A bequest can set aside a specific gift or designate a percentage of the balance remaining in your estate after other obligations are met.
If you already have a will, you need not rewrite it. Washington State law allows for the provision of a codicil, or a simply written addendum. Your estate planning attorney can advise you, or Childhaven can send you a simple codicil and sample bequest language.
- Designate Childhaven as a beneficiary on your insurance policy, pension, 401K plan or Individual Retirement Account. For an existing policy, pension or IRA, just complete a change of beneficiary form. A new life insurance policy can be assigned to Childhaven after you make the first premium payment.
- Donate stocks that have risen in value since you purchased them – called “appreciated securities” – and Childhaven can receive maximum, immediate value from your gift while you get a significant break on your taxes. Check with your financial advisor or broker for details. Read more on donating stocks.
- Consider gifts of real estate, jewelry or art. By leaving a gift to Childhaven, you’ll not only leave a legacy, but your heirs may realize significant estate tax savings.
Ask your estate planner about other options that may give you benefits today for your generosity tomorrow.
To learn more or to get involved, contact:
Childhaven Chief Development Officer