Planned Giving
A GIFT THAT LIVES ON
Many of us want to leave a meaningful impact on the people and world we love.
At FamilyForward, we help build safe, healthy relationships for children and families—giving every child the future they deserve.
Your legacy gift can carry that mission forward. With a few simple steps, you can support the next generation while also benefiting your estate and loved ones.
"A legacy gift is a powerful way to carry your love forward—helping children, families, and future generations thrive."
Donor-Advised Fund (DAF) Distribution
The donor-advised fund (DAF) is becoming an increasingly popular way to make a charitable gift. With a DAF you may contribute a large sum to establish the fund and then over time you can recommend grants from your DAF to the organizations you wish to support, like FamilyForward. Creating a donor-advised fund can provide you with immediate tax benefits while making your charitable giving easier for years to come.
What to give
You can fund your legacy gift with cash, marketable securities, real estate, closely held stock, excess retirement funds, and life insurance.
Beneficiary Designation
It's as simple as requesting a change of beneficiary form from the company holding your assets (for example, your IRAs, 401(k) and other retirement plans, bank accounts, commercial annuities, life insurance policies, and other assets) and including FamilyForward as a full or partial beneficiary. Beneficiary designations will reduce income taxes and possibly estate taxes for your loved ones.
Gifts of Retirement Assets
Retirement assets, such as a 401(k) or an IRA are a terrific way to make a tax-wise gift to FamilyForward. If you are 70 years old or older you can rollover up to $100,000 per year from your IRA as a charitable gift. Tell your IRA administrator to transfer your gift directly to FamilyForward from your traditional or Roth IRA account. The gift will not be taxed as income to you.
Your Will, Your Legacy
Leaving a charitable bequest in your will is a powerful way to support FamilyForward’s mission for generations to come. To get started, first decide what type of gift you’d like to leave—this could be a specific dollar amount, a percentage of your estate, or what remains after other gifts are made. Next, create or update your will to include the bequest. Be sure to clearly state FamilyForward’s name, along with the type and amount of the gift. Finally, share your plans with your loved ones and let us know about your decision. This helps ensure your wishes are honored and allows us the opportunity to thank you for your meaningful support.
Benefits of Giving
In addition to supporting the mission of FamilyForward your planned gift can provide substantial tax and financial advantages, including:
an income tax deduction
reduced capital gains taxes
reduced probate costs and estate taxes
Congress has provided several incentives to encourage your contributions. By taking advantage of these opportunities, you and your advisor can craft a contribution that fits your needs, while you support FamilyForward. A well-planned gift makes it possible for you, your loved ones, and FamilyForward to all benefit.
We want to be sure that we can fulfill your wishes. If you have any questions, please contact us.