Creating a Legacy
Estate planning involves the process of incorporating your personal goals into a plan for building up and protecting your assets.
Planned giving presents you with a valuable opportunity. It gives you a chance to leave a legacy of protecting the most vulnerable, especially unborn children, against the threat of death.
Benefits of Planned Giving
Planned giving allows you to:
- Further the work of Life Legal
- Receive estate tax deductions
- Choose which types of assets to give
- Minimize tax burdens
- Control your assets during your lifetime
You can give a legacy gift to Life Legal through your will or living trust, however there are advantages to a revocable living trust.
The Revocable Living Trust
As an estate-planning tool, the revocable living trust provides for convenient management of assets without court supervision. How will a revocable living trust protect you?
• It will protect your assets from probate court when you pass on. Having only a will won’t prevent this.
• It will protect you in the event of incapacity by avoiding court guardianship.
• It can be amended or revoked until an individual becomes incapacitated or deceased.
Many ask: What’s the difference between a revocable living trust and a will?
A will functions as a statement of one’s wishes for estate assets. It does not avoid probate or guardianship but instructs the court on how assets ought to be distributed. In many states, a will is beneficial, especially to name guardians of minor children, but it does not replace a revocable living trust.
Sample Language
To make a general gift to Life Legal in your will or living trust, you can include the following language:
“I give, devise and bequeath to Life Legal Defense Foundation, Federal Tax ID # 68-0191488 the sum of $_____________.”
You may also donate stock, a percentage of your estate, or real property.
Information for Your Estate Planning Attorney
Legal Name: The Life Legal Defense Foundation, a non-profit corporation under section 501(c)(3) of the Internal Revenue Code.
Legal Address: P.O. Box 2105, Napa, CA 94558
Tax ID Number: 68-0191488.
Help with Planned Giving
If you need an attorney to help you with planned giving, call Life Legal at 707.224.6675.
The Life Legal Defense Foundation is 501(c)(3) organization and is primarily involved in defending the civil rights of pro-life advocates. All contributions and bequests made to The Life Legal Defense Foundation are tax deductible.
Life Legal is a four-year consecutive Four-Star certified Charity Navigator organization.
