“Including a gift to SAIL in my will was an easy way to support the empowering, lasting work they do. It’s one part of planning I don’t need to think about, because I feel confident in the mission and integrity of SAIL.” Gale Vandor, Legacy Society for Independence member
The Legacy Society for Independence is made up of individuals who have included a future gift to SAIL in their estate planning. While making plans for your estate, consider including a legacy gift to ensure that SAIL will continue to “Inspire Personal Independence” for generations to come. Legacy Society members receive our newsletters, invitations to special events, and are honored in our Annual Report.
We would love to know about your plans to leave a gift to SAIL, so we can include you in SAIL’s Legacy Society for Independence, and ensure your wishes are honored. You may remain anonymous, and we will never disclose the amount of your planned gift. Return SAIL’s Declaration of Intent form, or email Sara Chapell to learn more.
What is Planned Giving?
A “planned gift” is a donation that is planned in the present, to be made at a future date. A planned gift not only demonstrates your commitment to the mission of SAIL, it also ensures the long-term strength of the organization. Long after they are given, planned gifts positively impact the lives of Southeast Alaskan seniors and people with disabilities.
The two most common categories of planned gifts are bequests (gifts made through your will), and beneficiary designations.
Bequests
To make a charitable bequest, you need a current will or revocable living trust. Your gift can be a percentage of your estate, or a fixed amount of cash, securities or property. After your death, SAIL receives your gift. Called a charitable bequest, this type of gift offers these main benefits:
- Simplicity. Just a few sentences in your will or trust are all that is needed.
- Flexibility. Because you’re not actually making a gift until after you die, you can change your mind at any time.
- Tax relief. Your estate is entitled to an estate tax charitable deduction for the gift’s full value.
SAIL Legacy Society for Independence Members
Brandee Gerke and Andrzej Piotrowski
Mary and Doug Gregg
Norton Gregory
Tom & Liz Heywood
Joan O’Keefe
Robert Purvis
Millie Ryan
Gale Vandor
Gordon Williams and Mary McDowell
Suzanne and Joe Williams
Beneficiary Designations
Some assets, such as retirement plans, life insurance, and insurance annuities, are not controlled by the terms of your will. These assets instead require separate beneficiary forms. The beneficiaries of these assets can be easily modified at any time to meet your changing needs:
- IRAs and retirement plans
- Life insurance policies
- Insurance annuities
To to designate SAIL as a beneficiary of an IRA or other financial account, or to leave a gift to SAIL in your will or living trust, simply provide your financial advisor or administrator with this information:
“I hereby give (percentage, residuary, share or specified amount of asset) to Southeast Alaska Independent Living, Tax ID 92-0144370.”
To learn more about planned giving, contact SAIL Development Director Sara Chapell at schapell@sailinc.org.
This information is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.
