Planned Giving
2: What is a Good Estate Plan?
That depends entirely on your individual needs and desires.
Simply stated, a good estate plan is one that guarantees all your wishes will be faithfully executed, provides you with peace of mind, and ensures that your beneficiaries enjoy the legacy that you worked so hard to build.
Estate plans are not just for older people or for those with significant financial resources. They're for anybody and everybody.
A good estate plan can:
- Take care of your spouse or partner.
- Provide support for the special needs of your children or grandchildren, especially if they face costly illnesses or disabilities.
- Provide continuing support to those lives you improve through your favorite nonprofit organization.
- Simplify estate administration, time and costs.
- Protect your interests with a comprehensive plan for retirement income, medical needs or wishes, and distribution of assets.
- Provide for the survival and continued success of a family business.
Consider making a gift through your will or trust.
Here's the language you'll need.
Next: One Size Does Not Fit All
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Create a Lasting Legacy
Philanthropic planning is a powerful mechanism for meeting personal estate planning objectives while making a meaningful impact on the College’s initiatives and mission. At Indian River State College, we welcome the opportunity to work with estate planners to ensure that your clients find the charitable arrangements that best meet their needs.
Estate-planning options can achieve significant tax benefits while furthering a client’s philanthropic goals:
- Gifts through a will or trust
- Charitable trusts and gift annuities
- Donation of stocks and mutual funds
If your client has already included or intends to include Indian River State College in their will or estate plan, or if you would like someone from IRSC Institutional Advancement to contact you to discuss how to support IRSC as part of their estate planning strategy, please contact us.
