Leaving a planned gift in your will is one of the most powerful ways to support your favorite cause while benefiting from tax-related savings. For SeriousFun Children’s Network, it means ensuring the long-term sustainability of camps and programs that will continue to foster lasting impacts in children with serious illness for years to come.
Here are three reasons to consider donating a planned gift.
Save on Taxes
There are a wide range of planned gifts and each one has the potential to offer tax benefits. Tax savings will differ depending upon the type of planned gift but can include tax-exemption and the reduction of federal estate taxes for your heirs.
Provide Support in Uncertain Times
Planned gifts do not affect your everyday cash flow and are an easy way for donors to support their favorite causes in a meaningful way without making an outright gift. This is especially beneficial during times of financial uncertainty, like a recession or economic downturn, when many donors look for ways to limit their spending.
Create a Legacy
We live in an ever-uncertain world, but planned gifts are one way to create a legacy for you and your family that endures after you’re gone. You can be the reason that SeriousFun camps continue to be places of belonging for generations to come.
To find out about SeriousFun’s planned giving program or to learn about the various types of planned gifts and benefits, please visit our planned giving page here.
SeriousFun Children’s Network does not provide financial, tax, legal, or accounting advice. This document has been prepared for informational purposes only and is not intended to provide financial, tax, legal, or accounting advice. You should consult your own financial, tax, legal, and accounting advisors before engaging in any transaction.