Planned Giving and Estate Planning

Remember Us in Your Planned Giving and Estate Planning

By remembering Unified Community Connections in your estate plans or through a deferred or planned gift, you can help future generations of people with disabilities live independently to the fullest of their abilities. Donations can take many forms including bequests, gifts of real estate, gifts of life insurance or gifts of securities, Because there are many types of planned and deferred gift options, Unified Community Connections suggests talking to an attorney or financial advisor about what gift fits your wishes and needs.

Types of Bequests to Support Unified Community Connections

There are three types of bequests that can be written in your will to support Unified Community Connections. These include:

Specific Bequest

A specific dollar amount, percentage of estate or property can be designated in your will to go to Unified Community Connections. Example: “I bequeath twenty thousand ($20,000) dollars [or: all my General Motors stock] to Unified Community Connections, a Maryland nonprofit organization located in Baltimore, Md.”

Residual Bequest

After the estate has paid all expense, debts and taxes as well as honored all specific bequests, the remaining amount would be transferred to Unified Community Connections. Example: “I bequeath ten percent (10%) of the residue of my estate to Unified Community Connections, a Maryland nonprofit organization located in Baltimore, Md.”

Contingent Bequest

Under certain circumstances, Unified Community Connections would receive all or a portion of your estate. Example: “If my nephew does not survive me or is unable to inherit this bequest, I direct that it be paid to Unified Community Connections, a Maryland nonprofit organization located in Baltimore, Md.”

Types of Planned Gifts to Support Unified Community Connections

The following types of gifts also can be made to support Unified Community Connections. Please talk to your attorney or financial advisor to determine if any of these gifts fit your wishes and needs.

Charitable Gift Annuity

Charitable gift annuities enable you to transfer cash or marketable securities to Unified Community Connections in exchange for a current income tax deduction and we promise to make fixed annual payments to you during your lifetime or a designated other. The amount that is received is determined by many factors including age of donor, age of beneficiaries and size of the gift.

Pooled Income Fund

With pooled income funds, Unified Community Connections receives a gift from you in money or securities that are invested together with similar gifts from other donors. The donor will continue to receive a proportionate share from the income for the rest of the donor’s life.

Charitable Remainder Trust

Through a charitable remainder trust, Unified Community Connections receives cash, securities or other property from the donor. In return, we return a percentage of income based on the gift value.

Charitable Remainder Annuity Trust

With this popular type of life-income plan, a donor’s gift is transferred into a trust. The trustee manages the trust assets and pays the donor a fixed income for life or for a term of years. When the trust terminates, the remaining assets are transferred to Unified Community Connections.

Revocable Trust

This option is for donors who want to be flexible, to give a gift with a variety of assets and to have the option to take back the gift. This gift would give Unified Community Connections money after it has provided income to the donor or designated loved one for life.

Gifts of Insurance

If an existing insurance policy is no longer needed, you can assign Unified Community Connections as the beneficiary.

If you have any questions about planned giving or estate planning to benefit Unified Community Connections, please contact your lawyer, financial advisor or Unified Community Connections at 410-484-4540. There are many online resources to guide you in this process including the American College of Trust and Estate Counsel.