HERITAGE CLUB
Leaving a Legacy - Heritage Club
Take the Time to Share in the Y's Future
So much of what you do becomes part of the lives you touch. The example you set, the traits they see in you and seek to reflect. But what if it were possible to have the good you do live forever.
A commitment to the Pocono Family YMCA's Heritage Club is the greatest statement of support to the mission of the YMCA that a friend of the Y can make and become a catalyst for more good than you could ever do on your own.
For over 100 years, the Y has devoted itself to serving youth, families, and our community. The healthiest and happiest of these uphold an ethic of "giving back".
With your help, we can create a promising today and a brighter tomorrow for our kids, families and community.
Ways to make a difference:
This is the most commonly used planned giving method: having your attorney include a charitable bequest for the Y in your estate plan.
Donor Benefits:
1. Your assets remain in your control
2. Your gift passes to the Y free of estate tax
You simply ask your insurance company for a beneficiary designation form and change the policy to include the Y for all or part of the proceeds.
Donor Benefits:
1. You maintain control of your policy during life
2. Your estate receives an estate tax deduction
3. Your gift passes to the Y free of estate tax
Retirement plan principal left in an estate can be vulnerable to estate tax and income tax. Leaving IRA principal to the Y, and other less tax-vulnerable assets to heirs provide tax-efficient benefits to both.
Donor Benefits:
1. You maintain control of your assets during life
2. IRA principal given to the Y is freed of income tax
3. Your gift passes to the Y free of estate tax
You give cash, stock, or real estate to an irrevocable trust or gift annuity program that pays you income during life, and then transfers what remains to the Y.
Donor Benefits:
1. You receive lifetime income
2. You get an immediate income tax deduction
3. You bypass or reduce capital gains tax
4. Your gift passes to the Y free of estate tax
You give cash, stock, IRA principal or real estate to an irrevocable trust or gift annuity program at death that pays your heirs income for life, or for a fixed period of years, then transfers what remains to the Y.
Donor Benefits:
1. You maintain control of your assets during life
2. Your estate receives an estate tax deduction
3. Your heirs receive income for life or for a term of years
4. Your gift passes to the Y free of estate tax
5. IRA principal given to the Y is freed of income tax