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. Ask your estate planner about other options that may give you benefits today for your generosity tomorrow.
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.
Our Information for Inclusion in your Estate Planning
Seattle, WA 98122
Tax ID No. 91-0402430
To learn more or to get involved, contact:
Director of Philanthropy