With your support, World Villages for Children helps children break free from poverty every day. When you choose to remember World Villages for Children in your estate, you help us give that life-saving opportunity to even more children.
By making future plans for your estate - and considering World Villages for Children as a beneficiary in your will - you have the opportunity to make a lifesaving difference in the future of our children with your assets.
You may make a bequest or gift through your estate by including a provision in your will or living trust. The amount left to World Villages for Children can be expressed as a dollar amount or as a percentage of the assets to be given.
You may set up a charitable trust and convert non-income producing assets to a significant lifetime income, gain the ability to carefully manage your legacy and have the opportunity to reduce the taxes on income, estate and capital gains.
There are several types of charitable trusts available to you, please be sure to review your options with your financial advisor to find the conditions that will best suit your situation and your family.
You may name World Villages for Children the beneficiary of a life insurance policy, and your estate will receive a charitable deduction from estate taxes for that gift. Another form of designation consists in naming World Villages for Children as a primary or secondary beneficiary on your retirement plan's beneficiary designation form.
It is one of the most simple and tax-efficient ways to remember a charity that is dear to your hear in your estate plan. The tax advantage stems from the fact that most retirement plans are subject to income taxes - and possibly estate taxes - if left to an individual beneficiary; however, a charity that is named as the beneficiary does not pay income or estate taxes on the distribution.
By giving marketable securities, such as stocks, bonds or mutual fund shares, you can see your gifts transform lives before your eyes while benefiting from tax planning opportunities.
If you give appreciated securities that you have held longer than one year, you are entitled to a charitable deduction from your income tax for the full fair market value of the securities.
You also may be able to defer or completely avoid capital gains tax on the securities, depending on the type of gift. Publicly traded securities can also be given to World Villages for Children to establish a charitable trust.
As we start thinking about where our assets will go when we leave our world behind, it makes sense that we provide for our loved ones. But as you go about planning your estate, remember the charitable causes to which you have contributed during your lifetime.
While a vast majority of Americans donate to charity throughout their life, less than 1 in 10 will give to charity through estate planning.
All of us should give more thought to providing financial support at our death for those organizations that advance the values and principles dear to our heart.
A common misconception about charitable giving is that one must give a lot of money to make an impact. In truth, all gifts count, and even a gift you may think is modest can provide a profound benefit to our children.
Gifts in wills are critical to our work to help children break free from poverty. They give us the funds we need to help care for more than 20,000 children each year. By remembering World Villages for Children in your estate plans, you give our children the chance of a brighter future!
You can choose to leave a specific amount or item to World Villages for Children in your will or name World Villages for Children to receive a percentage of your estate after all other gifts and expenses have been paid.
For more information, please contact us at (301) 779-4141.
If you have included World Villages for Children in your estate plans, please let us know. We would like to thank you for your generosity, and make sure we fully understand the purpose of your gift.
Those considering a planned gift should consult their own legal and tax advisors. Of course, our staff is happy to speak with your advisors.