August is Make-A-Will Month, making it the perfect time to think about more than just your financial plans. It’s an opportunity to consider the legacy you want to leave for your family, your community and the causes that matter most to you.
For many people, creating a will is about ensuring loved ones are cared for. But it’s also a chance to reflect on the values you hope to pass on to future generations. Including a charitable gift in your estate plans is one meaningful way to make a lasting difference.
You don’t need to be extraordinarily wealthy to leave a charitable legacy. In fact, many planned gifts are simple. A gift in your will or trust, or naming a charity as the beneficiary of a retirement account, life insurance policy or investment account, can create a lasting impact for the organizations and causes you care about.
A charitable gift is about more than transferring wealth. It’s an opportunity to say, “This community mattered to me. These causes mattered to me. I hope they continue to make a difference long after I’m gone.”
How we can help
Whether you already have a will or are just beginning the planning process, the FM Area Foundation can help you explore charitable giving options that align with your goals and values.
Many donors choose to establish an endowed fund through the Foundation as part of their estate plan. Others include an existing fund in their will or trust or designate the Foundation as a beneficiary of a retirement account or life insurance policy. Whatever your vision, we’ll work with you and your professional advisors to ensure your charitable wishes are carried out.
Because we work with hundreds of charitable funds and local nonprofits, we can also help you think broadly about the impact you want your legacy to have—whether that’s supporting a favorite nonprofit, addressing a community need, or creating a lasting charitable fund that benefits our region for years to come.
Start the conversation today
This Make-A-Will Month, take a few moments to consider the legacy you’d like to leave. If charitable giving is part of that vision, we’d be honored to help you explore your options.
After all, a legacy isn’t measured simply by what you leave behind. It’s measured by the lives you continue to touch for generations to come.
The team at the FM Area Foundation is honored to serve as a resource and sounding board as you build your charitable plans and pursue your philanthropic objectives for making a difference in the community. This newsletter is provided for informational purposes only. It is not intended as legal, accounting, or financial planning advice. Please consult your tax or legal advisor to learn how this information might apply to your own situation.
