Fact or Fiction?
One of the things we most often hear from LLS supporters is "I wish I could do more but can't at this time." You might be surprised to learn that you can! Read on to learn how.
Q. I already have a will and I don't want to go to the trouble or expense of changing it.
A. You can include LLS as a full or partial beneficiary of your retirement plan account or a paid up life insurance policy and all it requires is for you to request a new beneficiary designation form from your plan administrator. Or, you can create a codicil, an amendment to your will, that doesn't require an entirely new will to be written.
Q. I'm not wealthy. Will my gift really make a difference?
A. Cancer research is a team effort by lab researchers, physician-scientists and patients who participate in clinical trials. Likewise, it's the collective generosity of many donors that support LLS's life saving work. Every gift makes a difference.
Q. I want to support important charitable causes, like LLS, but will I still be able to leave assets to my children?
A. A tax-smart idea is to name charitable beneficiaries to your tax-deferred assets such as an IRA, and leave other assets which do not carry such a high tax burden, such as bank accounts and real estate to your children.
And don't forget that you can include LLS as a partial beneficiary by naming LLS for a percentage of the value of your estate or a specific an asset, like a retirement account, leaving the remaining percentage for loved ones.
Q. I want to make an estate gift to LLS but I'm not sure what the future holds. What if I can't keep my commitment?
A. We understand that circumstances change. One of the best things about bequests through your will or making LLS a beneficiary of a retirement plan account is that you can change your mind at any time.
For more information on creating a legacy of hope for people with blood cancers contact Laura Lewis at (888) 773-9958 or e-mail her at firstname.lastname@example.org