Legacy Giving Resources

Is Unitarian Universalist Society: East (UUS:E) already in your will, trust, or other estate plans? If so, thank you! Please let us know about your intentions because it helps with the planning for our future. In addition, your name will be added to the UUS:E Legacy Society. Your gift may remain anonymous if you like. Do not have a will or need help with a will? You are not alone. Malcolm Barlow is offering free legal service to members who are including UUS:E in their estate plans.

If you are interested in having a Legacy Giving conversation, please contact Unitarian Universalist Society: East office at uuseoffice@uuse.org or 860.646.5151

Ways to Give

There are many ways to give. Below are listed some of the options. We encourage you to meet with your lawyer for advice on the best arrangements for your estate. When setting up UUS:E as a beneficiary, please use the name of “The Permanent Endowment Fund of the Unitarian Universalist Society: East of Manchester, CT”. Malcolm Barlow is offering free services for modifying your will or setting up a will that will include the UUS:E Endowment fund as a beneficiary.

Bequest Gifts

With bequest gifts, there is no impact to your current income. These gifts are specified now and then distributed as part of the settlement of your estate. If your circumstances change and you want to change the beneficiaries of your estate, you can do so at any time.

Will

Your bequest gift can be a beneficiary statement in your will. The amount of the gift can be a percent of the estate value (e.g. 10%) or it can be a fixed dollar amount. The value of your estate may vary over time; using a percent designation maintains the relative size of the gift as the estate value changes.

Retirement Accounts

Retirement accounts include 401(k), 403(b), IRA account, Roth IRA account, SEP IRA, Simple IRA, etc. You can add the UUS:E Endowment fund as a beneficiary on your retirement account. Again, the gift can be designated as a percent of the account value or as a fixed dollar amount.

Life Insurance Policy or Annuity

You can add the UUS:E Endowment fund as a beneficiary on your life insurance policy or on an annuity that you have.

Charitable Gift Annuity

A charitable gift annuity is a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. UUA offers charitable living trusts that can name a specific church as the ‘charity’.

Living Trust

If your assets are in a trust, you can list UUS:E as a beneficiary of your trust.

Pet Trust

It is possible to setup a trust for your pet and to name UUS:E as a “remainder beneficiary” who receives any funds left in the trust after the death of the pet.

Immediate, Direct Gifts

These gifts are given in the present. Examples include:

  • Direct cash or check gift made to the UUS:E Endowment Fund
  • A cash or check gift made in memory of someone, i.e. a memorial gift
  • Donating the annual RMD on your 401(K) or IRA to the endowment fund

Property Gifts

You can deed your home or summer cottage to UUS:E (and other beneficiaries) while reserving a lifetime use for yourself.

 

Legacy Giving Vision Conversations Questions and Answers