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News

23
SEP
2020

Planned Giving

Posted By : Judith Salamone
Comments : 0

“Opportunities to find deeper powers within ourselves come when life seems most challenging.”

                                                                                                Joseph Campbell

The Lasallian Legacy Society honors individuals who plan to support us in the future through wills, trusts, life insurance, retirement plans, or other ways. To join, simply let us know that you have included us in your estate plan. Here are a couple of sample ways to plan your gift:

Shape the Future with a Bequest Gift

In these uncertain times, it’s important to protect what matters most to you and have a plan in place. We hope you will join those who have included CBA in their will or trust. A gift in your will protects your family, and at the same time, ensures that our mission continues in the future.

A few sentences in your will or trust can be the basis of a meaningful, life-affirming gift that will provide a CBA education to future generations.

Beneficiary Designations

To make us a full or partial beneficiary of your IRA, 401(k), annuity, or life insurance policy, simply request a beneficiary designation form from your plan administrator.

IRA Qualified Charitable Distributions

If you are 70-1/2 or older, you may give up to $100,000 per year directly from your IRA to one or more charities. While the CARES Act suspends required minimum distributions (RMD) from IRAs in 2020, you may still make direct contributions to charity, just as before. Because you are not receiving the money, you will not pay taxes on the transfer.

Contact Us

We are happy to answer questions, and assist you in making your gifts. Contact Annemarie Mosley, 315-446-5960 or amosley@cbasyracuse.org

 

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