5 Reasons to Make a Planned Gift

1. It is easy.

Making a bequest is as simple as inserting a few sentences in your will, such as, "I give $25,000 to Glendale College Foundation."

2. It is revocable.

Wills and trusts are not written in stone and can be changed at any time.

3. It creates a Legacy.

You can direct your bequest to a particular purpose...make a gift that has special meaning for you.

4. You can still put Family first.

By choosing either a specific bequest or residual bequest, you will only bequeath assets you are comfortable giving.

5. It may be Tax-wise.

Your estate or trust is entitled to an unlimited estate tax charitable deduction for bequests to qualified charitable organizations.

 

Preparing your estate plans does not need to be complicated…

  1. Gather information on your assets, including retirement funds.

  2. Think about the people and organizations that matter most to you.

  3. Who do you want to serve as your trustee?

  4. Meet with an estate planning professional.

  5. Talk your decisions over with your loved ones and family.

For more information, please contact Lisa Brooks, executive director, at (818) 551-5196 or lbrooks@glendale.edu