Community Action 370: Include a Nonprofit in Your Estate or Legacy Giving Plan
The Idea: Consider providing future support to a qualified nonprofit through a will, trust, beneficiary designation, charitable account, or another appropriate legacy-giving arrangement.
Why It Matters: A carefully planned legacy gift may help sustain programs, facilities, services, scholarships, or other charitable work beyond a donor’s lifetime.
Try It Today: Identify a nonprofit you may wish to support and request its official legal name, tax-identification information, gift-acceptance policy, and legacy-giving guidance.
Make It Work for You: Consult qualified estate-planning, legal, financial, and tax professionals before making or changing any arrangement. Verify beneficiary information directly with the organization and understand whether the gift is unrestricted or designated for a particular purpose. Consider the needs of dependents, caregivers, family members, and other obligations. Never rely solely on informal instructions, website examples, or verbal promises. Laws, tax consequences, account rules, and nonprofit circumstances may change.
Take It Further: Review your documents and beneficiary designations periodically, discuss relevant intentions with appropriate family members or representatives, name a contingent charitable beneficiary, or explore other professionally advised legacy options.
Community Connection: Legacy giving, estate planning, long-term philanthropy, and nonprofit sustainability
Get Involved with Sanj Talks: Explore current opportunities
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