You can do what I cannot do. I can do what you cannot do. Together, we can do great things. —Mother Teresa
Families and communities are strengthened by those who plan and use their resources well. Americans are respected for being generous and compassionate with their time, talent, and treasure. Planning to use your resources to provide for your needs, your family, and to help the organizations you care about is a good decision.
One way to help that isn't often thought of is to include one or more charitable organizations in your will.
Wills are practical means of directing the use of your assets. You can assign what to give to family and organizations you care about. Some people do this by assigning a dollar amount to each recipient or a percentage of the available assets. Assets to consider include:
- Stocks & Bonds
- Life Insurance
- Retirement Funds (Such as IRA, 401(k), 403(b), etc.)
What are some of the benefits of this type of giving?
- Personal satisfaction from making a difference for people in need;
- Income Tax Benefits;
- Reduced Estate Taxes & Probate Costs.
To get started, we recommend scheduling an appointment with your attorney, tax professional, or estate planner to create a will, update your will, and to look at options available to you to be a wise steward of your resources.
We would also love to give you a tour and show you some of our facilities and share with you how we serve the men and women who come to us for help. Phone 715-552-5566 to schedule a tour.