You can help future generations of people living with disabilities by remembering Unified Community Connections in your estate plans or by giving a deferred or planned gift. Because there are so many types of planned and deferred gift options, we suggest discussing your plans with an attorney or financial advisor. There are many online resources to help guide you in this process including the American College of Trust and Estate Counsel.
Types of Bequests
There are three types of bequests you can write in your will to support Unified Community Connections.
You can designate a specific dollar amount or a percentage of an estate or property to go to Unified Community Connections.
Example: I bequeath twenty thousand ($20,000) dollars to Unified Community Connections, a nonprofit organization located in Baltimore, Maryland.
After your estate has paid all expenses, debts and taxes as well as honored all specific bequests, you can designate the remaining amount be transferred to Unified Community Connections.
Example: I bequeath 10 percent (10%) of the residue of my estate to Unified Community Connections, a nonprofit organization located in Baltimore, Maryland
You can designate that under certain circumstances Unified Community Connections receives 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 nonprofit organization located in Baltimore, Maryland.
Types of Planned Gifts
There are many types of planned gifts you can give to support Unified Community Connections.
With a charitable gift annuity, you transfer cash or marketable securities to Unified Community Connections and in exchange, receive a current income tax deduction and you or someone you designate receives fixed annual payments during your lifetime. The amount of the annual payment is determined by many factors including your age, the age of the beneficiaries and the size of the gift.
A pooled income fund is when you donate money or securities that are invested together with similar gifts from other donors. You will receive a proportionate share from the income for the rest of your life.
A charitable remainder trust is when you give Unified Community Connections cash, securities or other property and receive a percentage of income based on the gift value.
With this popular type of life-income plan, your donation is transferred into a trust and a trustee manages the assets and pays you a fixed income for life or for a term of years. When the trust terminates, the remaining assets are transferred to Unified Community Connections.
A revocable trust allows you to be flexible in your giving and donate a gift with a variety of assets as well as retain the option to take back the gift. Unified Community Connections receives the donation after it has provided a lifetime of income to you or someone you designate.
If an existing insurance policy is no longer needed, you can assign Unified Community Connections as the beneficiary.
Have Questions?
Please contact: Lauren Bussard
Director of Development
