Leaving a Legacy with Planned Giving
(Photo by Russ Hendricks)

Make Habitat for Humanity your nonprofit of choice when you include us in your estate plan. It’s a great way to support your favorite nonprofit in a meaningful way. Planned gifts allow you, your estate, and heirs an opportunity to take advantage of tax benefits and leave a legacy to be remembered. There are several ways you can begin leaving a legacy with planned giving, including the Habitat for Humanity Built to Last Society.

Your charitable gift will allow Habitat to provide safe and affordable housing to families.

“Some of my clients aren’t sure if a donation today fits their current monthly budget. They worry that without the cash flow they could become a burden to their family. At the same time they want to support their favorite nonprofit organizations. That’s where estate planning plays a key role” says Heather Parker of The Parker Law Office, a Gilbert based estate planning law firm.

Parker says there are several ways to structure planned giving including leaving a set amount to a specific organization in your will or designating Habitat as the beneficiary on an investment account, bank account, or life insurance policy.

“Talk to your estate planning attorney, financial advisor, and tax advisor to determine the best way for you to leave a legacy to your favorite nonprofit organization. It may be best to place assets in an estate plan, taxable estate, or charitable remainder trust. It has to make sense for you and your heirs in terms of tax liability and what is allowable in Arizona,” says Parker.

As you’re reviewing estate planning with your financial team, take a look at your investments.

“When it comes to leaving a legacy, consider if you have held an appreciated stock or mutual fund for more than one year. If you have, you can donate those securities to a charity and receive a tax deduction for the fair market value of the securities, and eliminate any capital gains assessments on the future sale of the securities. If you are considering gifting money, I’d suggest working with financial, tax and estate planning professionals to make sure it’s done correctly and with minimal tax consequences,” says Shanna Tingom of Heritage Financial Strategies.

Become a Member of the Habitat Built to Last Legacy Society.

Members are long-term supporters and volunteers who have let us know they included us in their estate plans and are choosing to leave a legacy gift. Simply download and fill out the

Built to Last Enrollment form. In doing so, you are providing Habitat for Humanity with financial support that allows us to continue our mission of providing decent, affordable housing into the future.

If you have any questions, or need assistance with this important personal decision, please contact us and schedule a private meeting.