How to Tell a Nonprofit You’re Leaving a Legacy Gift
You want your favorite nonprofits to be able to plan for your future gift, but you don’t want to be treated weirdly in the meantime. Here’s a primer on how to bring them up to speed—and what to expect in return.
What Are Charitable Trusts?
A charitable lead trust is an irrevocable trust designed to provide financial support to one or more charities for a period of time, with the remaining assets eventually going to family members or other beneficiaries.
So You Have a Legacy Plan. Now What?
A legacy plan usually takes a lot of time and intentionality to put in place. If you’ve finished a plan, congratulations! But you’re never quite done. Here are some easy steps to take, once a plan is in place, to communicate your wishes and keep everything current.
Estate Planning Moves to Make at Any Age
No two lives are the same, so no two estate plans are the same. But there are some estate planning steps to take each decade of your life to ensure your bases are covered and your loved ones are cared for. Here we break it down!
Does Your Legacy Plan Include Digital Assets?
So much of our lives are online now, making it more critical than ever to consider your digital assets when creating a legacy plan. Check out these four easy steps to getting your digital assets in order.
What is Planned Giving?
We throw around words like ‘planned giving’ and ‘gift planning’ and ‘legacy’ all the time, and we thought we’d start from ground level with this post: what, exactly, do we mean? More importantly, why does any of this matter?
How to Write a Legacy Letter
There are a lot of details that go into a legacy plan: who gets what, and how assets should be handled, are essential elements that need to be spelled out clearly. But it’s also important to consider the relational side of your legacy. Here’s one great way to leave a meaningful impact on those that matter most to you.
The Most Surprising Things About Legacy Planning
Sometimes newcomers notice things that others no longer see. As the newest gift planning counselor at GPS, here are a few observations that shocked and inspired me about legacy planning.
What Happens if You Die Without a Will?
It’s estimated that 70 percent of Americans don’t have a will. Nobody wants to think about dying, but creating an estate plan will save your loved ones from near-certain headaches and disagreements. Here’s what happens if you die without a will…and why you should probably avoid that at all costs.
What is a Donor Advised Fund?
Donor Advised Funds (DAFs) aren’t new, but they’re catching on in the philanthropic world because they’re incredibly flexible and easy to use. Here’s an overview of what a Donor Advised Fund is, and some creative ways clients have been using them to give more than they could otherwise.