August is Make-a-Will Month: A Time to Plan, Give, and Empower Black Women and Girls
August is Make-a-Will Month: A Time to Plan, Give, and Empower Black Women and Girls
As we embrace the warm days of August, it’s also the perfect time to focus on a crucial aspect of our legacy: our Wills.
August is Make-a-Will Month. As we embrace the warm days of August, it is a timely reminder to review and update our estate plans, and our Will. Your legacy is more than just your assets; it’s the impact you leave on the world. By including a gift to the National Council of Negro Women, Inc., Columbus Section (NCNWCSO) in your Will, consider the profound impact you can have by ensuring your values continue to make a difference for generations to come.
Why Make a Will?
Creating a Will is a vital step in ensuring that your assets are distributed according to your wishes. It provides peace of mind for you and your loved ones, ensuring that your legacy is honored, and your loved ones are cared for. By making a Will, you take control of your estate and make intentional decisions about the future.
Including NCNWCSO in Your Estate Plans
Why Support NCNWCSO?
NCNWCSO is dedicated to the empowerment of African American women and girls through leadership development, education, and advocacy. Our programs provide critical support in areas like STEM education, health and wellness, financial literacy, and civic engagement. Your legacy gift can help ensure these vital programs continue to thrive, uplifting Black women and girls in our community. NCNWCSO has been a pillar of strength, advocacy, and community service, and your gift can help sustain and expand its vital programs.
If you decide to include NCNWCSO in your estate plans at the $25,000 or above level, you will be recognized in the prestigious Catherine Nelson Black Society. This society honors those who have made significant contributions to ensure the ongoing success and impact of NCNWCSO’s mission.
Six Ways to Give an Estate Gift to NCNWCSO
Bequests Through Wills
Benefit: A simple way to make a significant impact, a bequest allows you to designate a specific amount or percentage of your estate to NCNWCSO. This can be a powerful way to leave a legacy without affecting your financial security during your lifetime.
Charitable Gift Annuities
Benefit: By establishing a charitable gift annuity, you can receive fixed payments for life while also making a substantial gift to NCNWCSO. This provides you with financial stability and the satisfaction of knowing your gift will support future generations.
Charitable Remainder Trusts
Benefit: This option allows you to receive income for life or a set term of years, after which the remainder of the trust is transferred to NCNWCSO. It can offer significant tax benefits while also providing for your loved ones and your favorite cause.
Life Insurance Policies
Benefit: You can designate NCNWCSO as a beneficiary of your life insurance policy. This is an excellent way to make a larger gift than you might be able to afford outright and can offer tax advantages for your estate.
Retirement Plan Assets
Benefit: Naming NCNWCSO as a beneficiary of your retirement plan assets (such as an IRA or 401(k)) can help reduce the tax burden on your heirs and ensure that your gift has a meaningful impact on the community.
Real Estate or Tangible Personal Property
Benefit: Donating real estate or tangible personal property, such as art or collectibles, can provide significant support to NCNWCSO. This type of gift can also offer tax benefits and relieve your loved ones of the responsibility of managing these assets.
Benefits of Leaving a Legacy Gift
- Tax Benefits:Many legacy gifts offer tax advantages, potentially reducing the taxable value of your estate.
- Flexibility:You can customize your gift to align with your financial goals and philanthropic wishes.
- Lasting Impact:Your generosity will ensure NCNWCSO can continue its transformative work for years to come.
- Recognition:Donors who include an estate gift of $25,000 or more will be honored in the Catherine Nelson Black Society, a special group recognizing our most generous supporters.
Don't Wait, Update Your Will Today
Whether you’re creating a new will or updating an existing one, consider the profound difference you can make by including an estate gift to NCNWCSO. It’s a simple yet powerful way to ensure your values continue to make a difference in the lives of Black women and girls in our community. Your support will help empower African American women, promote education, and strengthen our community for years to come.
Contact us today ([email protected]) for more information about how to leave a lasting legacy with NCNWCSO.
Together, we can create a brighter future for generations of Black women and girls.
#MakeaWillMonth #NCNWCSO #LegacyGiving
Thank You.
