CREATE A LEGACY AT YWCA GLENDALE AND PASADENA THROUGH PLANNED GIVING
WHAT HAPPENS IF YOU DO NOT HAVE A WILL?
Without a will, your estate will be distributed according to state laws, which may differ from your preferences. Creating a will is the single most important step you can take to ensure that your final wishes will be carried out. Having a will can bring peace of mind to you and your loved ones. It can also be way to establish a legacy for the organizations whose impact is deeply meaningful to you.
MAKING A PLANNED GIFT TO YWCA GLENDALE AND PASADENA
You may be considering the results you want to achieve with your planned gift to YWCA Glendale and Pasadena. Perhaps you want to provide children in need with the same camp experience you received or maybe you are interested in helping a family transition to a life free from violence. You might simply want to give back to an organization that has had a profound impact on your life. A planned gift to YWCA Glendale and Pasadena will make a far greater impact than you ever imagined.
“YWCA Glendale and Pasadena has a special place in my heart. Everything I learned as a Y Teen in the 50s has helped me navigate the struggles I faced. They taught me so much. I included YWCA Glendale and Pasadena in my estate plans so that one day a girl like me can get the guidance and support she needs to succeed.”
–YWCA Glendale and Pasadena Planned Giving Donor
HOW TO INCLUDE YWCA GLENDALE AND PASADENA IN YOUR WILL
The most common form of a planned gift is a bequest in a will. There are no limitations on bequests and these are the types:
A SPECIFIC BEQUEST
You can establish a bequest of a particular dollar amount or percentage of your estate. Sample language is as follows:
“I give, bequeath, and devise (dollar amount or description of gift) to YWCA Glendale and Pasadena, 735 E. Lexington Drive, Glendale, CA 91206, Tax ID 95-1644057, to be used for its general purposes.”
A RESIDUARY BEQUEST
You can give all or part of the property remaining in your estate after debts, expenses, and specific bequests are paid. Sample language is as follows:
“I give, bequeath, and devise (all or ___ percent of) the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to YWCA Glendale and Pasadena, 735 E. Lexington Drive, Glendale, CA 91206, Tax ID 95-1644057, to be used for its general purposes.”
CHARITABLE GIFT ANNUITIES
YWCA Glendale and Pasadena is able to offer its donors a new opportunity to support our programs while also receiving income in return through a charitable gift annuity, managed by the Pasadena Community Foundation.
With a minimum gift of $20,000* you will receive a fixed annual annuity payment AND a tax deduction depending on your age (must be 65 or older):
Age Rate Age Rate
65 5.1% 80 7.3%
70 5.6% 85 8.3%
75 6.2% 90+ 9.5%
*Minimum gift and age eligibility require evaluation of impact to charitable beneficiary. PCF will advise once application is made.
You are not committed until you meet with PCF and write a check.
YWCA Glendale and Pasadena cannot render any type of legal or tax advice. Please consult your attorney or financial advisor before making a decision. All inquiries will be kept in strictest confidence.