Planned Giving
Legacy Society, Planned Giving
Gifts Through Your Will or Living Trust…
One of the simplest ways to make a gift to The Lowell Whiteman School is through your Will or Living Trust. These gifts provide critical support for the future of LWS and its mission. There are several types of bequests:
Specific Bequest: You can name The Lowell Whiteman School as the direct beneficiary of a stated amount of money, a particular piece of property, or a stated percentage of your estate.
Residuary Bequest: You can designate that the Lowell Whiteman School receive all or a portion of the remainder of your estate once all specific bequests (to family and friends) have been satisfied.
Contingent Bequest: Often, individuals provide that assets should go to family members or friends. However, it is important to provide for a contingent beneficiary to receive assets in case your named individual beneficiaries to not survive you.
Bequests to The Lowell Whiteman School are deductible from your gross estate and can therefore offer estate tax savings. There is no limit on the amount you can leave to the School or to other charitable organizations through your Will.
Legal Designation: For gifts that will take effect after your lifetime, The Lowell Whiteman School should be named as: The Lowell Whiteman School, a nonprofit corporation, organized and existing under the laws of the State of Colorado and with principal business address of 42605 Routt County Road #36, Steamboat Springs, Colorado 80487
Use of Gifts: You may either specify a particular use for your bequest or leave it unrestricted. Unrestricted gifts offer the advantage of permitting The Lowell Whiteman School to allocate resources in a manner consistent with changing priorities and strategies over time.
If you wish to direct that your bequest is to be used for a particular purpose, please add the following phrase to the wording recommended above: to be used to further the purposes of .** If you have a specific purpose in mind, please contact the Development Office to discuss the suitability of your designation.Recognition: Many people name charities in their Wills and never let the benefiting organization acknowledge their invaluable support. If you complete your Will and include The Lowell Whiteman School, we hope you will share this with us. We feel strongly about expressing our gratitude to those supporters who have remembered Whiteman School in such a generous way.We would be happy to answer any questions you may have on this material. Please feel free to call Lane Malone, Development Director at The Lowell Whiteman School at (970) 879-1350 x 28.Leave A Legacy . Org