Looking to the Future… Good Shepherd Legacy Society
The Good Shepherd Legacy Society was established for the supporters of Catholic Social Services to help provide for long-range financial stability of the organization. We do not ask for funds now, but request that you consider including Catholic Social Services in your long range financial plans. By doing this now, you may find that tax advantages can increase the value of your estate, enabling you to do more than you might have ever dreamed possible.
A planned, charitable gift may be made in a variety of ways. Catholic Social services is prepared to provide you and your advisors with more information about the following planned giving options;
Wills and Bequests: A gift to CSSMV by Will permits you to retain all your assets during your lifetime and/or the life of your spouse. Designations may be for a percent of your estate or for a specified amount.
Charitable Trusts: A Charitable Trust can provide income to you and your spouse so long as either of you live. Thereafter, the trust principal will go to the Catholic Social Services Endowment Fund. You may name other charities as principal recipients as well.
Gift Annuities: When you transfer cash or securities of more than $10,000 to the Dayton Foundation, the annuity would guarantee you a fixed stream of income for life. The income would flow to your (and your spouse, if you desire), after which the remaining principal of the annuity becomes a gift to CSSMV. This provides a current income tax savings and possible capital gains savings.
Life Insurance: When the added protection of an insurance policy is no longer needed, transfering the policy’s ownership to Catholic Social Services can result in tax benefits for you and a generous gift for Catholic Social Services. CSSMV can also be included as a beneficiary, contingency beneficiary or owner of a new or existing policy.
Charitable Lead Trust: A Charitable Lead Trust can be appropriate if you have ample income now, but desire to retain ownership of the trust principal to meet future financial goals for your family. Income will be directed to the CSSMV Endowment Find for the specific term of the trust, after which time the principal will return to you or your designated survivors.
Outright Gift: A direct gift of cash, appreciated securities or real properties may be made to the CSSMV Endowment Fund.
Retirement Funds: For those who have significant retirement plan assets, potential estate and income taxes on any part of those assets that might still be in one’s estate at death can be avoided by making the Catholic Social Services Endowment Find the beneficiary of unused plan assets. This could provide significant tax savings.
Please contact Mike Lehner, Development and Marketing Director to discuss the options that might be best suited to your gifting needs. 937-223-7217 x1142