Planning Your Financial Future
Most of us, if given the chance, would like to leave some kind of lasting legacy to show that our lives have made a difference in society; that in some way, we have contributed to an important work or cause that will benefit the lives of others for generations to come. Today, with the tax-favored ways of giving, many more of us can provide donations and experience the intense joy that comes from being able to make a difference.
Work with UnityPoint Health - St. Luke's Foundation in Sioux City, Iowa to leave your legacy!
The links below provide creative ideas on how you can get started today:
How to Make it More Personal and Effective
Your will is one of the most important documents you will execute during your life. In addition to capturing legal requirements, your will can also be a final message reflecting your personal life values, a way of leaving a lasting legacy by which others may remember you.
How to Do More for Yourself and Charity
Each year, thousands of caring individuals use the charitable gift annuity to provide major financial support for important charitable organizations. In many cases, this time-tested technique has permitted gifts that otherwise might not have been made.
Trust A Gift and an Income
Every charitable gift can bring you personal satisfaction - the joy of knowing that you have helped ensure the financial future of charitable causes you feel are important. However, certain charitable gifts can also provide a solid lifetime income and immediate tax benefit for you and your family.
Why it's still Important
The smart thing to do right now, is to review your existing plan. You may be surprised to discover that your existing plan no longer carries out your intentions. Don't let that happen to you.
What Assets are Best to Give
While many sophisticated planned giving techniques exist today, we, like most charitable organizations, receive a majority of planned gifts from bequests. The popularity of charitable bequests can be attributed to several factors. For instance, most donors are familiar with bequests, and find these arrangements simple to understand. In comparison, some donors are intimidated by the complexity associated with some other planned giving arrangements. Also, donors can retain the bequest property during life, with the option to revoke or modify the bequest for changes in life circumstances or personal goals. And, charitable bequests are flexible and may be of any amount and may take several forms.
Your Book of Records
This handout is a useful tool for recording important financial and personal information. The completed document facilitates financial planning and can also be a valuable resource for family members if an emergency arises. In addition to identifying personal information such as family members and employment, this resource serves as an inventory for wills, trusts, investments, property, liabilities, and advisors.