CREATING YOUR LEGACY

When you include United Way of Lake County in your planned giving, you are contributing to the long-term success and well-being of our community. You are helping to create our community’s future leaders by ensuring children have the support they need to succeed in school from the first day they enter kindergarten to graduation. And, you are helping to ensure that local families get the support they need to become self-sufficient for years to come.

You do not need to be a millionaire to give a gift with impact – donors from all walks of life at all income levels can make an investment in securing the future of our community. The process is simple, and the impact will last for generations.

Additional Info

We welcome the opportunity to send you additional information or meet with you to take the next steps.

Please contact Quinton Snodgrass at
(847) 775-1046 or Quinton.Snodgrass@uwlakeco.org.

We want to make sure that you benefit from making a gift to us.

In addition to making a difference in the lives of others, gift plans
can improve your financial and tax situation.

Here are some common ways to make a charitable contribution:

Outright Gift of Cash or Check
A gift by cash or check is the most common and easiest method for making a charitable contribution. If you itemize tax deductions on your tax return, the full value of your gift can be a tax deduction.
Appreciated Stock
Irrevocably contributing an asset provides an immediate income tax deduction. Additionally, donating appreciated stock held more than a year, has the benefit of eliminating tax on the gain.
Current Will or Trust
Your legacy is reflected in your will. A bequest from a will or a living trust lets you pass any amount to UWLC free of estate tax. You can give cash, specific property or a percentage of your estate. This arrangement provides you with flexibility to make updates should your circumstances change. We recommend you obtain the professional counsel of an attorney who specializes in estate planning to ensure your will accomplishes your personal and charitable goals.
Life Insurance
Many contributors are attracted to life insurance because it enables them to make a larger gift than they would otherwise be able to make. You can make UWLC the owner of the policy, and receive an income tax deduction. If you name UWLC as the owner and the beneficiary you will also receive tax deductions on the annual premiums. You can also retain ownership and name UWLC as the beneficiary. If you retain ownership, the gift is revocable so you will not be eligible for current tax benefits, but your estate will not pay estate taxes on the policy proceeds UWLC receives.
IRA Rollover
Individuals 70½ years or older can donate directly from their IRA without having to take a distribution that would trigger an income-tax bill.
Retirement Plan
Perpetuating your gift through a retirement plan is simple, flexible and tax wise. Assets remaining in retirement plans funded with pretax dollars can be subject to both estate and income taxes. This means that the amount left to heirs is diminished by estate taxes and the recipient is also required to pay income taxes. Naming UWLC as the beneficiary of a retirement account allows you to continue to draw money out of the account while you are living. This method also provides you with the freedom to change your mind if your situation changes. You can contact the administrator of your retirement plan to designate UWLC as the beneficiary of your retirement plan.

Chuck & Teresa Bartels

“Through a planned gift we can support United Way to continue building a strong community for our grandchildren and generations to come.”

Read The Bartels' full story by clicking the image below.

Nancy Coolley

“I care about the continuation of the great programs, which are truly making a difference, when I'm gone.”

Read Nancy's full story by clicking the image below.

If you have already included UWLC in a planned gift, we encourage you to let us know. While your participation can be anonymous, your willingness to be listed inspires others to follow your example.

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