Bequests and Planned Gifts

 

There are many ways to give as you plan for your future and the future of family, friends and your favorite charities and community assets.  We hope you will include WNED|WBFO in those plans.

Below you will find a variety of gift planning techniques.  Always consult with your attorney, CPA and/or financial advisor as you select the gift plan most advantageous for you.

Once you inform WNED|WBFO that you have made a bequest or other planned gift, you become a member of The WNED|WBFO Legacy Society.

 

 

 

 

Ways to Give 

Bequest:  Promise a legacy gift without affecting your current cash flow by naming The WNED Foundation in your will, living trust, or IRA.
Charitable Remainder Unitrust: Make a large gift, protected by a trust and create a flexible source of retirement income for life.
Charitable Remainder Annuity Trust:  Make a large gift, protected by a trust, and receive a fixed-income payout each year for life.
Testamentary Life Income Gift: Structure a gift within your estate plan and benefit both The WNED Foundation with a legacy and your family with income.
Charitable Lead Trust:  Working with advisors, create a legacy gift that helps pass appreciated assets to family members while contributing cash to WNED.
Retained Life Estate:  Make your legacy a donation of a residence while keeping the right to continue living there throughout your lifetime.

 

Assets You Can Give 

Cash:  Maximizes charitable deduction and provides immediate benefit to WNED.
Appreciated Securities:  Makes use of the IRS’ tax break on capital gains and puts the appreciated value created to work for WNED.
Real Estate:  Can make a substantial gift when residential, commercial, or undeveloped property qualifies for transfer to The WNED Foundation.
Insurance Policies:  Policies that are no longer needed in your family’s future can help secure WNED’s.
*Retirement Plans:  IRAs, 401(k) s, and the like, can make a tax-advantaged legacy gift.  Promising the balance to The WNED Foundation may benefit your heirs

 

For more information contact:
Colleen Miller, Director of Major and Plannned Giving Programs
716-845-7031
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