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Bequests
The easiest and lowest-cost way to make a deferred gift to World Vision is to include us in your will or revocable trust. Each individual legacy contributes to the our financial strength and ability to meet human need around the world. The continuation of this tradition of remembrance will ensure that World Vision will bring light to the darkness.
Types of Bequests
You can give almost any kind of asset to World Vision through a bequest, including cash, securities, an interest in real estate (such as a residence), tangible personal property (such as works of art or antiques), or the remainder of your IRA, Keogh, tax-sheltered annuity, qualified pension or profit-sharing plan. Ask your attorney about your bequest options, such as residuary bequests, contingent bequests, testamentary trusts, and QTip trusts.
Tax Benefits
A bequest is deductible for federal estate tax purposes, and there is no limit on the amount of the estate tax charitable deduction your estate can take. In addition, bequests generally are not subject to state inheritance or estate taxes. In a large estate, where the assets are often subject to a high federal estate tax, the savings may be more than half the value of the bequest.
How to Make a Bequest
A bequest to World Vision can be made by creating a new will, adding a codicil to your existing will, or including World Vision in your revocable trust.
Samples of Bequest Language
The following examples can be tailored to your interests. Be sure to consult your attorney for assistance in making a bequest.
Unrestricted Bequest
"I hereby give to World Vision, Inc, a California non-profit corporation with its principal offices at World Vision, P.O. Box 9716, Federal Way, WA 98063-9716 (the sum of $______), (a specific asset), (______shares of_____________), or (______% of the rest, residue, and remainder of my estate) to be used for its general purposes."
Restricted Bequest
"I hereby give to World Vision, Inc. a California non-profit corporation with its principal offices at World Vision, P.O. Box 9716, Federal Way, WA 98063-9716 (the sum of $______), (a specific asset), (______shares of_____________), or (______% of the rest, residue, and remainder of my estate) to be used for the following purpose: (state the purpose). If, in the opinion of the World Vision Board of Directors or their successors, the need for funds for the purpose described above no longer exists, at some future date the Board of Directors, or their successors, are authorized to use these funds in the best interest of World Vison in a manner that will most nearly accomplish my wishes."
Email the World Vision Gift Planning Department, or complete the personal illustration form so that we can assist you.
Appreciated Securities
Bequests
Continuous Child Care Sponsorship Agreement
Pooled Income Funds
Charitable Gift Annuities
Charitable Remainder Trusts
Charitable Lead Trusts
Retained Life Estates
Charitable Bargain Sales
Charitable Vision Fund (a Donor Advised Fund)
Advisor-Managed Donor Advised Fund
Gifts of Other Assets
How to give other assets, such as: Retirement Plans, Real Estate, Closely-Held Stock, Partnership Interests, Tangible Personal Property, and Life Insurance.
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