PLANNED GIVING



Planned giving provides both you and VOC a unique connection that can honor your wishes and also provide vital sustenance to VOC.

Careful estate planning can ensure that your assets are distributed as you wish, often with tax benefits to you. We hope this information is useful but be sure to contact your attorney or estate planner who can help design the right approach for your planned gift. Please contact development@voc.org if you would like to discuss how to support VOC through planned giving.

Why make a planned gift?

• Planned gifts can offer tax benefits to you - Estate planning tools such as bequests, IRA asset allocation, Charitable Gift Annuities (CGA), and Charitable Remainder Trusts offer significant tax incentives for you. For example, a bequest is 100% tax-deductible from a donor's estate and can reduce potential estate taxes. A CGA offers the donor a tax deduction and can potentially sidestep capital gains taxes. Certain planned giving options also enable the donor to ensure that his or her heirs will be financially provided for, alongside supporting a charitable cause.

• Planned gifts offer you a say in how the funds will be used - You can specify how you wish the funds to be used such as supporting specific VOC programs, offering general support, or helping build VOC’s endowment. Whether you are publicly memorialized by a bequest or remain anonymous is something that you can pre-determine.
• Planned gifts allow you to support VOC without affecting your current financial situation - Since most planned giving can be structured to take effect at the end of life, you ordinarily would not have to accommodate any changes in your daily lifestyle.

• Planned gifts give VOC sustainability - The flexibility and relative simplicity of establishing a planned gift provides an innovative tool VOC can pass on to our loyal members and helps us increase our impact and ability to sustain programs over time.

Ways to Make a Planned Gift

There are a number of ways to make a planned gift, the simplest being bequests and beneficiary designations such as IRAs, life insurance, and annuities. The vehicle of your planned gift in some ways is secondary, because you will need to figure out what’s best in your situation with your financial or legal adviser. We are happy to work with you and your advisor as you make plans.

Bequests - Use one of the most popular and simplest ways to make a gift, a will or living trust. When you include VOC in your will or living trust, you'll continue supporting our mission long after you're gone.

Beneficiary Designations- Continue supporting our work even after your lifetime. Name VOC as a beneficiary of your retirement plan, life insurance, or insurance annuity assets. Take the time to ensure that your assets are distributed as you wish and that you understand the tax implications of your choice.

Give a Gift of Stock as a planned gift - Please contact development@voc.org if you would like to gift stock for the purpose of funding a gift annuity, charitable trust or other planned gift.

Other Ways of Giving- Charitable Gift Annuities, Charitable Remainder Trusts, Donor Advised Funds, Endowed Gifts, Retained Life Estate, Charitable Lead Trusts