Leave a legacy that helps your community.
Planned giving is an easy way to make a statement about what you valued in your life, such as helping others in your local community.
Read through the online Planned Giving brochure (below) or pick one up at any Good Cheer location. Questions? We’ll be happy to answer them. call us at (360) 221-0130.
Did you know that persons over 70 ½ may ask their IRA custodian to transfer up to $100,000 to a public charity. This will not be income or a charitable deduction—the result is better than a deduction.
Other estate planning options still remain, such as naming a charity (South Whidbey Good Cheer) as beneficiary of your IRA or Life Insurance. If you are making monetary distributions among family and charity or charities it is best to make the charitable distributions from your IRA because the charity will receive the IRA distribution free of income tax and this leaves more for distribution among family. You can also name South Whidbey Good Cheer as a beneficiary under your will, trust or either for a specific amount, a per cent or the residue.