New Year, New Plans for the Future: Creating a Charitable Legacy

    January 25, 2017

     

    New Year, New Plans for the Future: Creating a Charitable Legacy


    Many of us have big expectations about what we want to accomplish in 2017. From making healthy resolutions to creating a master to-do list, the year can get fill up before it’s even really begun. Amidst all this, the Community Foundation wants to help you check one item off of your list.

    Estate planning may seem like a daunting task to take on, but it doesn’t have to be overwhelming. With support from the Community Foundation, you can easily incorporate charitable giving into your estate plans through a Legacy Fund. A Legacy Fund is simply a set of giving instructions you ask us to act upon after your lifetime for the benefit of your favorite charitable organizations. You share with us how you want your contributions to forever benefit the causes you care about, and we will use the assets you designate in your will to ensure your giving goals are met.


    There are a number of benefits to establishing a Legacy Fund at the Community Foundation:

    • Simple - Name your Legacy Fund in your will or estate plan to handle the charitable distributions after your lifetime.
    • Flexible- If your giving interests should change, you have the ability to easily update the charities designated in your Legacy Fund, without reopening your will.
    • No money invested up front -There are no fees to establish or update a Legacy Fund.
    • Stress-free - With this plan in place, the charities you’ve supported during your lifetime will continue to benefit from your generosity.


    The Community Foundation is excited to partner with you in creating a charitable legacy to benefit your community into the future. If you would like to further discuss how this may be helpful to you, please contact Lynne Yontz by email at yontz@desmoinesfoundation.org or by phone at 515-447-4203.