Planned Gifts to the 
Independent Living Resource Center

Provide Lasting Support for persons with disabilities with a planned estate gift

 

A bequest – a gift to the Independent Living Resource Center, Inc. specified in your will – will give you peace of mind knowing that your support of ILRC’s work of helping persons with disabilities live independently will continue for many years after your lifetime. Providing a gift to ILRC in your will is a way to leave a legacy of helping others and it can also have certain tax benefits for your estate and heirs.

 

With a bequest or other end-of-life gift, you can:

 

  • Leave a legacy that will continue to support ILRC’s work for generations. ILRC’s endowment is invested for long-term growth, and every year a portion of ILRC’s endowment is made available for use by ILRC to help advocate for and help persons with disabilities live independently.
  • Remain in control of the funds during your lifetime. A bequest does not become irrevocable until death; this means that you can change the bequest at any time during your lifetime.
  • Reduce estate taxes. Your estate will receive an estate tax deduction for a portion of the gift made by the estate to charity.
  • Spare family members the burden of paying both estate and income taxes by leaving retirement plan assets to a non-profit organization.
  • Help continue Independent Living Resource Center, Inc.’s mission.

 

Bequests are not just for the wealthy. Even a small portion of a typical estate can be a very meaningful gift to ILRC’s work to help persons with disabilities live independently.

 

Benefits to Estate Gifts:

 

1). Simplicity: Just a few sentences in your will or trust are all that is needed. Share the sample bequest language for compassion international with your estate planning attorney.

 

Outright Bequest:

“I hereby make, devise, and bequeath to Independent Living Resource Center, Inc., a California not-for-profit corporation, whose present office is at 423 West Victoria Street, Santa Barbara, CA 93101 - __________% of my estate (or the sum of $_________) to by used by the Independent Living Resource Center, Inc.”

 

Residuary Bequest:

“I hereby make, devise, and bequeath to the Independent Living Resource Center, Inc., a California not-for-profit corporation, whose present office is at 423 West Victoria Street, Santa Barbara, CA 93101 - ____________% of the residue of my estate (or the sum of $_________) to be used by the Independent Living Resource Center, Inc.”

 

2). Flexibility: Because you are not actually making a gift until after your lifetime, you can change your mind at any time.

 

3). Versatility: You can structure the bequest to leave a specific item or amount of money, make the gift contingent on certain events, or leave a percentage of your estate to  us.

 

4). Tax Relief: If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift’s full value.

 

 

If you need help, here is a list of our local Preferred Service Providers:

Local Preferred Service Providers

Kate Silsbury, CRPC® | Financial Advisor | Chartered Retirement Planning CounselorSM

An Ameriprise Platinum Financial Services® practice

 

Ameriprise Financial

1625 State Street, Suite 4 | Santa Barbara, CA 93101

Office: 805.687.0355 | Fax: 805.687.8294 | katherine.x.silsbury@ampf.com

Learn more at – www.ameripriseadvisors.com/katherine.x.silsbury

CA Insurance License #0681569

 

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