Planned giving is the process of planning one’s charitable giving over one’s lifetime, as well as giving after one’s life, such as in the form of bequests and life insurance policies.
Charitable giving is a vital component to many estate plans for individuals who want to leave a legacy, increase current income, and minimize estate and income taxes.
The most common type of planned gift is a bequest in an individual’s will or trust. While we encourage consulting your attorney for specific legal language, we can provide sample language for unrestricted and restricted bequests.
Please contact the UL Foundation at 337-482-0700 to discuss other types of planned giving to the Picard Center, such as:
- Life income agreements – charitable gift annuity and charitable remainder trust
- Retirement plan designations
- Life insurance
- Real estate gifts