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Camp
Fire USA Planned Giving Q & A
Q. What is planned giving?
A. Planned giving, or charitable gift planning, is a way for individuals
to provide financial support to an organization during their lifetime
and even beyond. Many planned giving arrangements are typically made known
in a will or trust that goes into effect after their death.
Q. Do I really need a will?
A. Whether or not you plan to support Camp Fire USA or other groups through
your will, it is important to have one. Without this legal document you
will not have control over how your money or possessions are distributed
after your death.
Q. How do I determine what
is in my will?
A. Your estate plan should be based on the types of past experiences,
issues, causes, individuals or groups that have made a difference in your
life. An estate plan protects your assets, your family and the integrity
of your desire to continue to support meaningful experiences.
Q. What tax benefits will
I receive through planned giving?
A. Depending on how much you give and the method you choose, you could
realize significant tax benefits. Some of the tax benefits are noted on
the options explained here. Your attorney or professional tax adviser
can give tell you the exact tax benefits your gifts are eligible for.
Q. What if my family thinks
I am "reducing" their inheritance by providing a gift to Camp
Fire USA?
A. You should always think of what your family needs and make appropriate
decisions before you consider giving to Camp Fire USA. Share with them
your Camp Fire experiences and memories, and let them know how you feel
about your legacy living on through the organization. Nine out of ten
times, your family will not only understand your desire to remember Camp
Fire in your will theyll strongly encourage you to do so.
Plus, you may find that what is being reduced is a tax burden to your
family.
Interested in receiving the "Supporting Camp Fire USA" planned
giving brochure? Send your name, address and request to plannedgiving@campfireusa.org.
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