With a planned gift to Fellowship Square, you can combine your desire to give to charity with your overall financial, tax, and estate planning goals. Planned giving allows you to help our seniors in need — for now and for years to come.
Bequests and Estate Plan Gifts
A bequest is a gift from your estate—a transfer of cash, securities, or other property made through your estate plans. You can make a bequest to Fellowship Square by including language in your will or living trust leaving a portion of your estate to the organization, or by designating Fellowship Square as a beneficiary of your retirement account or life insurance policy.
Remembering Fellowship Square with a bequest from your estate will help sustain and strengthen the organization in years to come. Some of the advantages of creating a bequest include:
- A bequest costs nothing now, yet gives you the satisfaction of knowing you have provided for Fellowship Square in the future
- You retain control of and use of your assets during your lifetime
- You may modify your bequest if your circumstances change
- Gifts to Fellowship Square from your estate are exempt from federal estate taxes
Please let Fellowship Square know of your plans if you make a bequest or estate plan gift.
Making a Bequest
A bequest to Fellowship Square can be made for a specific amount, for a percentage of your estate, or for all or a portion of what is left after you have made bequests to your family. To make a gift to Fellowship Square from your estate, you must sign a new will or living trust instrument, add a codicil to your present will, or make an amendment to your present trust instrument.
Alternatively, you can designate Fellowship Square as a beneficiary of a retirement plan or life insurance policy. To do so, contact the retirement plan administrator or life insurance company and complete the appropriate beneficiary designation form.
Fellowship Square is happy to help you explore options for designating a bequest to our organization; however, those considering a planned gift should consult their own legal and tax advisors. Our staff are happy to speak with advisors as well.
Questions about giving? Please contact Judy Singer, Development Director.