Once you have provided for your loved ones, we can help you structure a charitable plan that satisfies your philanthropic and tax goals.
The Community Foundation offers simple and significant ways for you to create a legacy by supporting the causes you care about and our state’s communities long into the future. With the addition of a will provision or simple beneficiary designation, you can use a planned gift to add to or create a Community Foundation fund.
Contact our Development Team at 501-372-1116 to discuss planned giving options with the Community Foundation.
Benefits of Planned Giving
Organizing an estate plan can be an act of love for your family and community that also comes with several personal benefits. Generosity planning may help you:
- Support your favorite charity or cause.
- Avoid capital gains tax on appreciated value.
- Create income for life.
- Reduce estate taxes.
- Preserve assets in perpetuity.
- Create a personal legacy.
Sample Language for Your Will or Trust
If you wish to include the Community Foundation in an estate plan, please let us know. Understanding your goals in advance helps us ensure that funds will be used according to your wishes.
Click here for suggested bequest language.
Did you know?
In Arkansas, if someone dies without a plan and leaves behind a spouse as well as descendants, they leave one-third, or 33.33%, of their personal property and one-third, 33.33%, of real property (in the form of a life estate) to their spouse, while two-thirds, 66.66%, of personal property and two-thirds, 66.66%, of real property in the estate goes to their descendants.
Creating a will can seem overwhelming or too expensive. SimpleWill is an online platform that makes creating a will simple and affordable. Enjoy peace of mind about the future by planning for the unexpected and preventing unintended consequences.
If you need to make a plan for your legacy and need help getting started, call us for a code that allows you to consult with a local attorney to create a simple, affordable plan using SimpleWill.
