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Great Falls Rescue MissionTHEBeaconA newsletter for friends and donors of Great Falls Rescue Mission Fall 2020Dont missJoin Our Campaign2Sharing our gifts to bless others3Our Thanksgiving Needs4Donnas heart is filled withGRATITUDE for YOU!Inside: Read how your compassion and support changes lives.408 2nd Ave South P.O. Box 129 Great Falls, MT 594030129 GreatFallsRescueMission.orgWE SHOULD BE SHARING OUR GIFTS TO BLESS OTHERS.Donna
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01
Begin by researching the charitable organizations you wish to support through legacy giving.
02
Review your financial situation and determine the type of legacy gift you can make (bequest, trust, etc.).
03
Consult with a financial advisor or attorney to discuss the implications of your legacy giving.
04
Prepare a will or trust document indicating your intentions for legacy giving.
05
Specify the amount or percentage of your estate to allocate to the selected charities.
06
Provide the necessary details of the organizations (name, address, tax ID, etc.) in your will or trust.
07
Notify the charity of your intention to include them in your legacy giving, which may also allow them to thank you and provide recognition.
08
Review and update your estate plan regularly to ensure your legacy giving wishes remain aligned with your intentions.

Who needs legacy giving - great?

01
Individuals who want to leave a lasting impact on causes they care about.
02
Donors seeking to reduce their taxable estate.
03
People looking to establish a philanthropic legacy for future generations.
04
Non-profit organizations that rely on legacy gifts for sustained funding and support.
05
Individuals who want to support specific projects or initiatives within their chosen charities.
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Legacy giving, also known as planned giving, is a philanthropic contribution method where donors commit to giving to a charity or organization through their estate, typically upon their passing.
Generally, individuals who have included a charitable gift in their estate plans or wills are required to file legacy giving documentation. Organizations often encourage donors to formally document their intentions.
To fill out legacy giving documentation, one should contact the designated charity for their specific forms, provide personal and financial details, specify the intended gift, and have the paperwork reviewed by a legal professional.
The purpose of legacy giving is to allow individuals to support causes they care about even after their death, ensuring that their values and commitments live on while also potentially providing tax benefits for their estates.
Information that must be reported on legacy giving includes the donor's personal details, the type of asset being contributed, the designated charity, the intended amount or value of the gift, and any necessary legal documentation.
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