Planned gifts help to ensure low-income Virginians will be able to access legal help well into the future – while also meeting your personal financial and philanthropic goals. Talk to your financial planner for advice about your situation and how your planned gift can best achieve your goals. Or contact: DevelopmentTeam@justice4all.org
Real Estate and Appreciated Securities
By giving a gift of property outright, you may qualify for a charitable income-tax deduction based on the appreciated value of the property.
A gift of appreciated securities such as stocks, mutual funds, or bonds may provide you with benefits such as reduced capital-gains taxes.
Bequests and Other Estate Gifts
A gift made through your will or other estate plan can allow you to make a larger gift to the Legal Aid Justice Center while letting you preserve assets during your lifetime.
Gifts of Retirement Plan Assets
Currently, when you leave your IRAs, Keoghs, or 401(k) plans to family or friends, as much as 75 percent of the value can be lost to estate and income taxes. When you name the Legal Aid Justice Center as the beneficiary of some or all of your account assets, you ensure that your gift goes tax-free to support the work you believe in.
You can make a gift of an existing life insurance policy, establish a new policy and name the Legal Aid Justice Center as the owner and beneficiary of the policy, or use life insurance to replace the value of gifts you make to the Legal Aid Justice Center.
Life Income and Charitable Lead Trusts
You may have valuable assets—such as appreciated stock or a second home—that are tied up and not producing income. You can use those appreciated assets to establish a charitable remainder trust, which can provide a life income to you or someone you designate, give you an immediate charitable income-tax deduction, possibly reduce estate taxes, and create a substantial future gift to the Legal Aid Justice Center.
If you are concerned primarily about estate taxes, a charitable lead trust pays income to the Legal Aid Justice Center during your lifetime. The remainder then returns to you or goes to your beneficiaries, producing substantial estate-tax savings.
The Legacy Society was created to recognize donors for their commitment to equal and lasting justice for all. When you make a pledge of future support through bequests, gifts of retirement assets, charitable trusts, or insurance programs, you will become a member of the Legal Aid Justice Center’s Legacy Society.
Justice and fairness will always matter. Your gift can help make sure that we are able to continue to help Virginians in need.