WHAT IS PLANED GIVING?
A Planned Gift is any donation made as part of an individual’s overall financial and/or estate planning. Planned Giving allows you to meet your personal, financial, and philanthropic goals in tax-efficient, estate-friendly ways. Wherever you are in your career and your life, there is a Planned Giving option for you!
WAYS TO MAKE A PLANNED GIFT
There are many ways in which to make a Planned Gift, based on your long-term philanthropic goals and objectives. We encourage you to consult with your financial advisor about what options might be best for you.
WILLS & BEQUESTS
A charitable bequest is an official statement in a will, a trust, or an estate plan, that designates a gift to a specific charity. Bequests are one of the easiest and most flexible ways you can leave a gift to Granite United Way. You can plan for the allocation of your estate while maintaining complete control of your assets in the present, and you can change your mind at any time.
BENEFICIARY DONATIONS
A Beneficiary can be any person or entity you choose to leave money or assets to, after you pass, including nonprofit organizations. Granite United Way can be named as the beneficiary of one of your assets such as IRAs, 401ks and other retirement plans, life insurance policies, or commercial annuities.
You can also decide what percentage you would like the charity to receive as a beneficiary. This means you can divide your retirement plans or insurance policies between family, friends, and charities of your choosing. Designating Granite United Way as the beneficiary of a retirement account, life insurance policy or annuity could also reduce estate taxes.
CHARITABLE GIFT ANNUITY
Charitable gift annuities allow you to transfer your cash or appreciated property to a charity in exchange for their promise to pay you a fixed income (with rates based on age) for the rest of your life. At your death, the charity keeps the remaining assets.
HOW TO GET STARTED
Email info@graniteuw.org and let our team know what type of planned giving you are interested in.
Granite United Way does not provide suggested guidance, we encourage you to talk with your financial advisor to best determine the planned giving options that are best for your situation.
