PLANNED GIVING
Using your will as a way to meet your charitable and financial goals.
There is a way to make a lasting contribution that meets both the future needs of the community as well as your individual charitable and financial objectives. It's through your will and our Planned Giving Program. In additon to funding important projects, a planned gift can deliver significant tax advantages. It also provides an opportunity for future giving at a level that may not be possible under current circumstances. Above all, your planned gift allows you to create a legacy of community giving and caring that can last for generations to come.
GIFT CHOICES
There are different types of estate planning vehicles, each with its own benefits. Professional advice from your financial planner and thoughtful decisions can produce great benefits for you, your family, United Way of Mid Coast Maine and the community.
Bequests
Including United Way of Mid Coast Maine In Your Will
There are different kinds of bequests that you can make. You may specify a dollar amount or asset, a percentage of your estate, or you may bequeath a percentage of the residue. Bequest provisions can easliy be added to a current will through a codicil.
Sample bequest language:
"I give United Way of Mid Coast Maine, Bath, Maine, the sum of $________________
or _____________shares of stock in ______________________________
or _____________% of my estate."
Retirement Plan
United Way of Mid Coast Maine can be named as the beneficiary of a retirement plan, providing you with income and estate tax benefits. The laws regulating retirement plans are complex and professional advice should be obtained before making your decision.
Life Insurance
A gift of life insurance is often the least costly and most flexible deferred-gift method. By naming the United Way of Mid Coast Maine as the owner and beneficiary of an existing or new life insurance policy, you can receive a charitable gift deduction for each premium payment. A paid-up life insurance policy allows you to receive a charitable gift deduction of approximately the cash surrender value when the policy is donated to United Way of Mid Coast Maine.
Charitable Gift Annuity
This income producing vehicle offers advantages to donors during their lifetime. Giving through a Charitable Gift Annuity has become more common in recent years. Through a formal agreement, you can make a charitable gift to United Way of Mid Coast Maine and receive income at a set rate and for life, for you and another named person, if you choose.
FOR MORE INFORMATION
Plese call our Director of Development at (207) 443-9752 or e-mail:
kathyc@uwmcm.org. Let us know which of the following options we can help with:
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making a gift through my will
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making a gift through donation of stock or real estate
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making a gift that provides an income for life
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making an endowment for perpetual annual giving
Note: This document should not be construed as legal or financial advice regarding individual tax, legal or investment planning matters.
