Planned Giving: Join Redwood’s Giving Tree/Living Legacy
Planning ahead is something anyone can do to ensure their assets go to the people and causes that are most important to them, regardless of estate size. Estate plans become the ultimate expression of what we’ve valued in our lives, expressed through a personal statement, and by what we leave behind.
Everyone has special abilities, and at Redwood, we guide children and adults with exceptional abilities to achieve their highest potential. Because of dedicated donors, Redwood has been able to deliver on our mission for nearly 70 years. To continue our work for the next 70, we need to continue receiving such donations.
In 2015, as part of Redwood’s Living Legacy campaign, Jackie Hirt and her husband made a planned gift to Redwood. They felt it was important to ensure the long-term viability of the organization in addition to their annual gifts that support current operations.
Many other individuals and families joined the Hirt family and expressed their commitment to Redwood by remembering the organization in their wills and estate plans. Redwood recognizes these families as members of the Giving Tree/Living Legacy. The simple act of making this type of gift provides for the sustainability of Redwood’s incredible work and services.
Leaving a gift to Redwood in your will or living trust is an easy way to provide enduring support. You can leave a stated dollar amount, a specific property, a percentage of your estate, the remainder after distributions to other beneficiaries or you can make your gift contingent on events.
You can also designate Redwood as a beneficiary of your retirement accounts, such as tax-deferred IRAs and 401ks, which will help you avoid tax-assessment on that charitable gift while also reducing the tax liability of your estate.
In addition to leaving a final legacy, bequests and beneficiary designations have the advantage of being flexible and revocable, and perhaps most importantly, they leave the assets under your control should you need them during your lifetime. These gifts are fully deductible from your estate.
Talking with an estate attorney or financial advisor is always encouraged when planning your personal legacy. A planned gift to Redwood will impact future generations of children and adults with special abilities.
You can find out more about making a planned gift to Redwood by reserving your spot – and one for a friend – at an exclusive event featuring a behind-the-scenes tour of the Cincinnati Observatory on August 4 at 8 pm. To RSVP, contact Beth Moore, bmoore@redwoodnky.org. There is no cost to attend. We hope to see you there!
