Leave a Legacy
The lifeblood of most nonprofits is not the government or foundations. It’s ordinary people from all walks of life, giving their time and money to nonprofits that reflect their values and passions.
While many Americans contribute to charity throughout their lives, only 8% continue this support through a gift in their will or estate plan. In many cases, it is because they simply did not realize this was an option.
What happens after you are gone? The answer is simple: leave a legacy by including charity in your will or estate plan to ensure that the organizations that count on you today continue helping others. It is a way to “live forever” by creating a personal legacy around something that matters to you. Check out the Frequently Asked Questions (FAQ) below for additional information.
Planned Giving FAQ
Do I have to be rich to make a planned gift to OKAGE?
An estate is simply the value of everything you own – typically, cash and investments, property and personal belongings. Most people have very respectable estates when they add it all together. And, remember, you can make a planned gift of any size.
What can I leave to OKAGE besides cash?
You can make a gift of just about anything you own – cash, stocks, life insurance policies, retirement accounts, real estate or personal property.
Do I need a will to make a planned gift to OKAGE?
It depends on the type of planned gift you make. While there are some planned gifts that donʼt require a will, others do need to be a part of your will to be valid. Your best bet is to consult a professional advisor to be sure your wishes will be carried out.
How much work and time is involved in making a planned gift to OKAGE?
It depends on the type of gift you make and the complexity (or simplicity) of your estate. There are many types of planned gifts that a qualified advisor can help you set up quickly land easily.
What are the tax advantages to making a planned gift to OKAGE?
Most planned gifts do carry tax advantages – but how many depends on the type of gift you make. Thatʼs why itʼs important to consult a professional advisor to be sure you are maximizing all available tax breaks as you consider making a planned gift.