Bequests

Link Charity Is Your ‘One Stop Shop’ For All Of Your Charitable Estate Needs!

A Will acts as a channel for all your earthly goods. Link Charity offers a simple and effective estate planning solution by acting as a channel to receive all of your estate gifts and distributing the total proceeds to multiple charities in one Letter of Direction outlined by you. 

A letter of direction can be changed at any time and is far more convenient and flexible than having the Will amended by codicils drawn up by your lawyer. It can also contain more instructions as to how each charity is to use its money since these letters can be changed so readily. This allows the donor to target more current or more limited objections. You can also choose to donate anonymously. 

Why make a charitable bequest to a donor-advised fund, like Link Charity?

Tax benefits: There is an unlimited deduction of charitable bequests against the value of an estate, making it a powerful tool for reducing estate tax. Donating publicly traded securities through a will is a particularly beneficial strategy for receiving tax benefits. Simply select which securities to gift or give your executor authority to satisfy a bequest with a direct gift of securities. Your estate receives a tax receipt for the appreciated value of the gift—and HALF the tax on capital gains is waived.

Efficiency: Charitable bequests provide clear instructions on how to distribute certain assets according to your wishes. Making charitable bequests to a donor-advised fund can be more efficient than other types of charitable bequests because it can streamline the work for the estate executor.

Flexibility & Ease: Flexible and easy to update, charitable bequests can be written into a will, and if circumstances change you can revoke it just as easily in a subsequent will or codicil. 

A bequest gift creates a lasting legacy at a charity that supports something you truly care about. Contact us today to learn more and get started.