Make a gift with lasting impact for the children and families on the Central Coast through a planned or legacy gift to the Family Care Network. Planned gifts can provide you with enduring support while offering significant tax savings, increased income, better estate planning and permanent recognition.
Some planned giving options include:
Planned giving is the process of considering your unique circumstances to develop a strategy that fulfills your charitable goals as well as your financial needs. Planned gifts involve an arrangement between a donor and the Family Care Network, whereby the donor takes a partial tax deduction for the gift and then receives an income stream from the agency. Often, a planned gift can result in additional income for the rest of your life. Always, a planned gift is an opportunity to establish a lasting legacy with the Family Care Network to benefit children, youth and families in need for generations to come.
The easiest and most common way for most people to make a lasting impact, is by including the Family Care Network in your will. By having your attorney revise your will or add a simple amendment, you can make a charitable bequest of a dollar amount, specific property, or a specific percentage or amount of your estate after providing for your other heirs.
Beneficiary Proceeds
Too often, the significant tax advantage of naming a charity as beneficiary of a qualified asset is missed because the donor forgets to complete and return the appropriate beneficiary form to the plan administrator. Attempting to accomplish the designation only in the will or living trust may result in adverse tax consequences. When naming the Family Care Network as the beneficiary of a qualified asset such as an IRA, tax sheltered annuity, or 401(k) or 403(b) plan, or of another product such as a life insurance contract, the donor should:
Bequest Sample
I give (describe dollar amount, property to be given, or percentage of estate) to FAMILY CARE NEWORK, INC., a nonprofit public benefit corporation having its principal place of business in the Counties of San Luis Obispo and Santa Barbara within the State of California. This gift may be used to support the highest priorities of the Family Care Network.
If you are interested in reviewing planned giving options, please check with your personal attorney, CPA, investment advisor or simply contact the Family Care Network’s Ken Miles at (805) 781-3535 or by email to find out what is the best way for you to invest in planned giving.