for generations to come.
Supporting Area Residential Care through planned giving ensures our services will be available to empower those with intellectual disabilities for generations to come. When you partner with Area Residential Care, you demonstrate a shared commitment to improve the inclusive and caring landscape of our community.
For more information on planned giving, please contact Ann Cameron Williams by email or phone at 563.556.7560 ext. 753.
One of the most popular and easiest ways to make a planned gift is to include Area Residential Care in your will or trust. You can arrange for Area Residential Care to receive a specific dollar amount or a percentage of the remainder of your estate (a residuary bequest). Charitable bequests are fully deductible for estate tax purposes and allow you to make a future gift without affecting the assets available to you during your lifetime.
If you already have a will drafted, your attorney may add Area Residential Care as a beneficiary through an amendment called a codicil. Similarly, a gift provision for Area Residential Care may be added to a revocable living trust.
IRAs and retirement plans such as a 401(k) can be great assets to leave to Area Residential Care. A qualified retirement plan is an effective way to conserve for retirement, but if left to an individual other than a spouse, they can be subject to multiple levels of taxation. An option you may wish to consider is to name Area Residential Care as the beneficiary of some or all of your retirement plans and leave other, less-taxed assets to your loved ones. As a tax-exempt organization, Area Residential Care will generally receive the full amount of the plan’s value.
Naming Area Residential Care as a beneficiary of your retirement plan is easy! You can simply contact your retirement plan administrator to obtain the necessary beneficiary forms.