One of the best ways you can ensure continued success and opportunities for the members of Arizona’s epilepsy community is to ensure that the Epilepsy Foundation of Arizona’s programs and services will be available for generations to come. Planned giving is a great way to do just that!
A planned gift is a philanthropic contribution and legacy that is funded either during the donor’s lifetime or after the donor’s death. The gift is part of a larger estate-planning process in which the donor decides how certain assets are distributed.
There are many financial instruments available to the savvy estate planner that can help
you achieve your long-term financial goals, allowing you to take care of loved ones while
still supporting organizations such as the Epilepsy Foundation of Arizona.
Through planned giving, your donation creates a lasting legacy of support for individuals with epilepsy in need of support and can benefit your future too.
Your Planned Gift to the Epilepsy Foundation of Arizona may:
- Return substantial tax benefits
- Potentially increase your income
- Provide a way of fulfilling your personal and financial goals
- To learn more about how planned giving affects your unique financial situation, please consult your financial planner or professional tax advisor.
There are many ways to support the mission of the Epilepsy Foundation of Arizona:
Bequest or Codicil
A bequest is a gift made through your will. You may include a bequest when you have a new will prepared, or ask your attorney to prepare a codicil to your existing will. Either way, this is the simplest way to include Epilepsy Foundation of Arizona in your estate plans.
Named Beneficiary of an Insurance Policy, IRA or 401K
Name the Epilepsy Foundation of Arizona the beneficiary (or partial beneficiary) of a life-insurance policy or a retirement plan.
Charitable Gift Annuity
A charitable gift annuity allows you to support the mission of the Epilepsy Foundation of Arizona while providing a lifetime income for yourself. The amount of income received is determined by the value of the gift and the annuity rate. The annuity rate is determined by the donor’s age at the time the gift is made. Once a person passes away, the remaining principal of their annuity then passes to the Epilepsy Foundation of Arizona and benefits those we serve.
Charitable Remainder Trust
In a charitable remainder trust the donor creates a trust and donates an asset to it. The trust then pays the donor an agreed-upon annual rate of interest for an agreed-upon length of time. Part and parcel of this are several tax benefits that accrue to the donor. When the donor passes away, the trust reverts to the Epilepsy Foundation of Arizona.
Charitable Lead Trust
With a charitable lead trust the income from the trust each year goes to the Epilepsy Foundation of Arizona, and when the donor passes away, the trust goes to his or her estate. Again, there are some very positive tax consequences.
Become a planned giving partner and you will lead the fight to stop seizures, find a cure and overcome challenges created by epilepsy.
To learn more about the ways you can plan to give and the benefits associated with making a planned gift, please contact the Foundation or check with your estate planning professional or financial adviser for additional information.