For a long time, I knew that I was going to leave part of my estate to various meaningful local charities. When it comes to Friends of Karen, knowing that anything I leave behind is going to help multiple families during unimaginable times made the decision very easy.
– Michael Bauer

You can join Michael and leave Friends of Karen in your will or trust. Simply use this sample bequest language to bring to your professional advisor to be written into your will as part of your legacy planning. “I give, devise, and bequeath ________________ (a certain sum, a percentage of the estate, or the remainder of the estate) to Friends of Karen [Tax ID #14-1612290].”

There are many other ways you can fulfill your philanthropic and financial goals.

• With Gifts of Appreciated Stocks and Investments, you can reduce or possibly eliminate federal capital gains taxes on the transfer, and you may also be entitled to a federal income tax charitable deduction.  
  
   Donate a Gift Stock
  

• A Donor-Advised Fund is like a philanthropic savings account. It gives you the flexibility to determine how much and how often money is donated to Friends of Karen. 
  
  
• Qualified Charitable Distribution (QCD) from a Retirement Account can be transferred from your IRA directly to Friends of Karen (up to $100,000 annually). If you are over 70½ years of age, you may make a gift from your IRA as a tax-free distribution. 
  
  
• Name Friends of Karen as a beneficiary – some prefer the increased flexibility that a beneficiary designation provides. It is very simple to name Friends of Karen as a beneficiary. Start by requesting a change-of-beneficiary form from your policy administrator.

• • • IRAs and retirement plans

• • • Life insurance policies

• • • Donor advised funds

• • • Bank or brokerage accounts

If you have already included Friends of Karen in your estate plan, please let us know. We would like to thank you and welcome you into the Sheila Petersen Legacy of Giving Circle. By letting us know, we can ensure that we fulfill your gift exactly as you intended. Please contact GabriellaDiSisto@friendsofkaren.org, 914-617-4047.

Always consult with your attorney or financial planner about the best way to create your legacy gift.