When individuals leave a planned gift to the Lenawee Community Foundation in their estate plans, they make a profound and lasting impact on our community, leaving behind a legacy of support for the causes they care about enabling our community to thrive for generations to come.
What is a Planned Gift?
A planned gift, also known as a legacy gift or a gift in your will, is a carefully considered charitable contribution that you arrange to benefit the Lenawee Community Foundation as part of your overall financial and estate planning. These gifts can take various forms, such as bequests, charitable remainder trusts, life insurance policies, and more.
Why Should You Consider a Planned Gift to the Lenawee Community Foundation?
Leave a Legacy: A planned gift allows you to leave a lasting legacy by supporting the causes and organizations you are passionate about, ensuring that your values live on.
Impact Future Generations: Your gift can have a meaningful and long-lasting impact on our community. By contributing to the Lenawee Community Foundation, you’re helping address critical needs, support local nonprofits, and improve the quality of life for future generations.
Tax Benefits: Depending on your financial situation and the type of planned gift, you may be eligible for certain tax benefits, including reduced estate taxes and potential income tax deductions.
Flexibility: You can customize your planned gift to align with your personal and philanthropic goals. Whether you want to establish a named fund, support a specific program, or provide for the general needs of our community, the Lenawee Community Foundation can work with you to create a plan that fits your vision.
Recognition: We honor and celebrate those who choose to include the Lenawee Community Foundation in their estate plans through our Legacy Society. Your generosity will inspire others to follow in your footsteps.
How Can You Leave a Planned Gift to the Lenawee Community Foundation?
Consult with Professionals: We recommend consulting with legal and financial professionals who can help you create a plan that aligns with your wishes and financial goals.
Contact the Lenawee Community Foundation: We are here to assist you throughout the process. Please reach out to us for information, guidance, and support in creating your legacy gift.
Specify Your Wishes: Clearly outline your intentions in your will, trust, or other estate planning documents. Be sure to include the Lenawee Community Foundation as the beneficiary and specify how you would like your gift to be used.
Review and Update: Periodically review your estate plan to ensure it reflects your current wishes and financial situation.
Together, we can build a stronger and more vibrant community. By leaving a planned gift to the Lenawee Community Foundation, you are taking a significant step toward making a positive impact that will endure for generations to come.
For more information on planned giving opportunities or to discuss how you can leave a legacy with the Lenawee Community Foundation, please contact Cynthia Heady at 517.263.4696 or cynthia@lenaweecf.com.
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Cynthia Heady is the Director of Development & External Engagement of the Lenawee Community Foundation. Your Lenawee Community Foundation is a trusted philanthropic organization dedicated to improving the quality of life in our community. Through the generosity of donors and strategic grantmaking, we support nonprofit organizations, address community challenges, and create lasting positive change. For information on how to get involved with the Lenawee Community Foundation and help to build a better community, call 517.263.4696 or contact forlenawee@lenaweecf.com. We look forward to collaborating with you.
