Planned Giving
Estate Plans, Wills, Revocable Trusts
Estate plans, including Wills, Revocable Trusts, and other planning devices, allow you to control the passage of your property to other people and organizations at your death. Without proper planning, your estate may end up paying more tax than would otherwise occur. Through your estate plans, you can leave a significant legacy - for your children and those in need - and save in taxes!
A Will is a legal document that simply gives direction for the distribution of your property when you pass away. Without a Will, state law will determine who will receive your property. Unfortunately, without a Will, you cannot take advantage of the tax laws designed to encourage charitable giving.
A Revocable Trust is a popular device that allows a person to plan the distribution of his or her estate and avoid probate. A revocable trust has many pluses, including privacy and ease of administration should that person become disabled.
By designating D.A. Blodgett for Children in your estate plans, whether through your Will or your Revocable Trust, you can reduce or eliminate any estate taxes that may be due at your death.
Linda Postma, Director of Development, has information on how to include D.A. Blodgett for Children in your estate plans. Please call her at 616.774.4320 or LPostma@dablodgett.org.
D.A. Blodgett for Children recommends you contact your estate-planning professional to determine if this method of charitable giving is right for you. If you do not have your own estate planning professional we can connect you to a list of professionals in the area.
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