Habitat for Humanity of Kanawha & Putnam recently founded our Legacy Society to recognize the importance of estate gifts in accomplishing our vision of a world where everyone has a decent place to call home. Our Legacy Society creates new opportunities and preserves our future through planned gifts. These gifts can qualify for significant tax deductions and include bequests, charitable gift annuities and charitable remainder trusts.
Why Include a Bequest in Your Will or Trust?
Naming Habitat for Humanity of Kanawha & Putnam as a beneficiary in an IRA, life insurance policy, other financial account or in your will is one critical way that you can help provide for future stability and growth.
The reasons that donors make charitable bequests are generally as varied as the donors themselves, but perhaps one common denominator is a sincere desire to give back to their community. Other advantages include:
It’s easy. The easiest way to leave a Legacy Gift and become a Legacy Society member is through your will.
It’s revocable. With a bequest, you are not actually making a gift until your death. Until then, you are free to alter your plans, eliminating the worry that you might make a commitment you could later regret.
It’s tax-smart. Your estate is entitled to an unlimited estate tax charitable deduction for bequests to qualified charitable organizations.
If you have already included Habitat for Humanity of Kanawha & Putnam in your plans, please let us know so we can thank you!
The names of individuals who donate an estate gift or designate Habitat for Humanity for memorials are recognized on our new Legacy Society plaque hung in the lobby. In addition, individuals who notify us of a future estate or memorial gifts are recognized the same.
Contact firstname.lastname@example.org or call 304-720-0141 ext. 16 for more information.
A provision in a will may be made using the following language:
I give, devise, and bequeath to Habitat for Humanity of Kanawha & Putnam, a non-profit corporation located at 815 Court Street in Charleston, West Virginia, _______ percent of my estate (or the sum of $__________; or ________ percent of the residue of my estate) as an unrestricted gift.