Below are some options for making a planned gift to ReSurge. Please consult a professional estate planner for guidance on what would work best for you.
1. A gift in your will or living trust
A simple charitable bequest can provide very meaningful support for our mission as well as reduce the amount of estate and inheritance taxes paid. Bequests may be specific assets or amounts, or they may be proportional or residual in nature. Click here for sample bequest language.
2. A gift of a new or existing life insurance policy
Many people have life insurance policies that are no longer needed for their original purposes. Such policies can be given to ReSurge and an income tax deduction can be taken for the cash surrender value. Additionally, the annual premiums on a new or existing policy given to ReSurge irrevocably may also be tax-deductible.
3. A beneficiary designation on your life insurance policy
Without giving up ownership of your life insurance policy, you can still designate ReSurge as a whole or partial death beneficiary. Contact your insurance company for a Change of Beneficiary form.
4. A gift of financial accounts
Most checking, savings and brokerage accounts can be bequeathed to ReSurge through a simple "payable on death" designation with your financial institution.
5. A gift of retirement benefits
Naming ReSurge as primary, partial or contingent beneficiary of your retirement plan is a simple, practical gift idea. Contact your plan custodian for the proper beneficiary change forms.
6. A gift of savings bonds
Many people have fully appreciated savings bonds. These assets cannot be donated during your lifetime without first being converted to cash and, therefore, generating taxable income. By making a gift of savings bonds through your will, you can avoid this tax and support ReSurge's continuing efforts.
Those including ReSurge in their estate plans have the option of participating and being recognized through the Donald R. Laub Legacy Society. Members of the society are invited to select events and receive other benefits.
The information above is intended for educational purposes only and should not be considered legal, accounting or other professional advice. For additional information or to arrange a confidential gift planning consultation without obligation, please contact the Development Department by phone at (408) 737-8743 (option 1) or email at firstname.lastname@example.org.