There are many ways to remember Youth Bridge in your estate plan, and you may be surprised to discover how inexpensive most of these are to accomplish. Here are seven options to consider:

1. Amend an existing insurance policy to add Youth Bridge as an additional beneficiary. You could also purchase a new policy for Youth Bridge’s benefit.
2. Visit your personnel office and ask to amend your group life insurance policy or retirement plan to add Youth Bridge as one of your beneficiaries.
3. Instruct your lawyer to prepare a simple, inexpensive codicil to your existing will, creating a bequest for Youth Bridge.
4. If you are over 65 and disappointed with the income you are receiving from your long-term stocks or your certificates of deposit, consider Youth Bridge’s charitable gift annuity program. Besides providing attractive tax benefits, this easy-to-accomplish gift may reward you with higher annual income.
5. Deed your house to Youth Bridge and continue to live in it. Your income tax savings from the gift may cover the legal costs.
6. Leave written or verbal instructions for your surviving spouse to include Youth Bridge when redrawing his or her will (which will be necessary).
7. If you have a sizable estate, let us show you how a charitable trust may benefit both you and Youth Bridge. Again, the tax advantages are significant and may offset any legal costs.

Some of the gift arrangements are revocable and others cannot be changed once established. Some work better with cash and others with appreciated assets. There are many variations, so a giving plan can be tailored to your needs, desires and capabilities. We urge you to check with your professional advisor before completing any planned gift.

For additional assistance about making a planned gift to benefit Youth Bridge, please contact:

Nancy Hairston
479-575-9471
nhairston@youthbridge.com

Please note: This information should not be considered as legal, tax or financial advice. Consult your professional advisor for further information and guidance.