Leave a Legacy Gift to Impact Future Generations
Peace of mind comes from knowing that you have plans in place to take care of your own needs and those of your loved ones while also growing your impact for causes near to your heart.
We know you care about nurturing relationships between people with and without intellectual disabilities and building inclusive communities. Legacy Giving provides many ways to grow your impact with L'Arche Portland and make a difference in the lives of people with and without intellectual disabilities over the long term.
Contact Maddie Welch, Donor Engagement Manager, to more about legacy giving, and take advantage of any of the following five common charitable giving and estate planning tools:
Give Through Your Will
Everyone should have a will or a living trust to ensure that your loved ones are provided for and charitable goals are met. You can continue to support L’Arche Portland by giving:
A percentage of your estate
A specific monetary amount
Property such as stocks, bonds, or real estate
Part or all of the what is left of your estate after other beneficiaries have received bequests
A blended bequest - a specific amount plus a percentage of the remainder of your estate
Avoid Capital Gains Tax by Making a Gift of Stocks or Bonds
Many Americans choose to donate stocks, bonds, and mutual funds to nonprofits. By giving securities instead of cash, you may benefit from tax savings now or be able to make a larger donation at the same cost to you.
Give Through Retirement Plans
You may be able to make a larger gift that you thought possible by designating “what’s left” in your retirement account or pension plan. This allows you to stay in control of retirement funds during your lifetime and make a gift to L’Arche after providing for yourself and loved ones.
Donate Life Insurance Policy Values
If you own a life insurance policy that you purchased for children who are now grown or for family who no longer need it, your policy, which may have significant cash value, can make an excellent legacy gift. You can also consider naming L’Arche Portland as a contingent beneficiary.
Receive a Tax Deduction and Make a Gift to L'Arche that Pays You Income for Life
You can plan for a substantial gift to L’Arche Portland that allows you or a beneficiary to receive payments for life or for a set period of time. Assets remaining in this gift plan when the payment period expires would go to L'Arche Portland. These gift plans often result in tax benefits around capital gains and/or charitable deductions and can be an excellent way to provide income for you or loved ones who depend on you for financial support while also supporting L'Arche.