What Will Your Legacy Be?
There are many reasons to consider a legacy gift. It’s a great way to ensure your memory lives on forever. It’s a way of acknowledging a charity that has had an impact on your life or the lives of those important to you, and will help the charity continue their important work. In addition, there are financial benefits associated with charitable contributions. For some, including a charity in your Will can actually increase the inheritance that you leave to your spouse or children.
Here are some tips from Legacy Giving Thunder Bay to consider as you plan your legacy:
Talk to your family about your wishes.
End-of-life conversations can be tough, but discussing your wishes ahead of time allows your family to understand what is important to you. It makes fulfilling your wishes much easier for your loved ones after you pass away.
Speak with your Lawyer or Financial Planner to determine what financial decisions will be right for you.
It’s important to speak with the charity or charities where you wish to designate your gift. When you inform the charity, you can have input into what area or program your gift will support. This ensures your gift will reflect your beliefs and passions.
Starting the Conversation may be difficult but will give you peace of mind once all is complete. For more information on how you can leave your Legacy and support your community, please visit our website at www.legacygivingthunderbay.com
What better time to start thinking about your Legacy?
Terri Hrkac, Chair
Legacy Giving Thunder Bay