We are honored that many donors who have supported us in their lifetime have also chosen to remember us in their estate planning.
Including Fresh Start in your estate planning provides you with the greatest opportunity to make a significant impact over an extended period of time. It’s a way to create a wonderful legacy that gives back to women and families in your community for years to come.
A gift through your estate plan can be changed at any time, and if you wish, you may make your plans anonymously.
Benefits of planned giving include:
– Keeping control of your assets during your lifetime
– Reducing your taxes Increasing your income
– Conserving your family’s wealth
– Fulfilling your charitable goals Investing in your community
QUESTIONS?
WE’RE HERE TO HELP.
If you have questions about our planned giving opportunities, please email Susan Brow, Director of Development, at [email protected]
Bequests
A bequest is a transfer of cash, securities or other property through a will or a living trust. A bequest to Fresh Start can be made of a specific dollar amount, a specific asset, a percentage of your estate or even all or a portion of what is left after you have made specific bequests to your family and others.
An outright gift to Fresh Start from your estate, whatever the amount, is entirely free from federal estate taxes. This means Fresh Start is able to use the full amount of the bequest; if it were left to an individual, a significant amount may be subject to federal estate taxes.
Retirement Plan Assets
The best way to make a gift of retirement plan assets is to name Fresh Start as a primary or secondary beneficiary on your plan’s beneficiary designation form. This can be an extremely tax-efficient method of making a gift since retirement plan assets may be subject to both income tax and estate tax before an individual beneficiary can receive them after your death.
Retirement plan assets distributed to Fresh Start are not subject to income tax or estate tax, so Fresh Start can use 100% of the gift to help women transform their lives.
Life Insurance
You can make Fresh Start the beneficiary of a life insurance policy.
Please discuss your options with your financial planner to find what works best for you!