Life and Legacy Giving
WHAT is a legacy donation?
A legacy donation supports SSI by naming "Students Supporting Israel" as a beneficiary in a will, trust, life insurance, retirement account, charitable trust, or any other asset.
These financial gifts are identified during your lifetime, but they are deferred gifts and are not passed to SSI during your lifetime.
WHO gives a legacy donation?
Donors at all levels can give legacy donations if you wish to include SSI as a beneficiary in your estate planning.
WHY do people give legacy donations?
During your lifetime you can support a non-profit's mission, but what if you wish to continue the commitment? It can be done through estate planning. Legacy, sometimes called "planned" gifts, are just that option that provides you to pass on your values and goals in the form of ongoing financial support to SSI.
HOW do SSI donors give legacy donations?
You may choose to name "Students Supporting Israel" as a beneficiary in your retirement plan, life insurance, bank, or investment accounts.
You may consult your lawyer, tax advisor, estate planner, or accountant for more information about a legacy donation to SSI in your will or trust.
There may be tax benefits to you in addition to the continued support for Students Supporting Israel for years to come, as a charity is not required to pay income tax on some type of assets.
While we recommend that you consult with your professional advisors in advance of making a legacy gift, you may also simply name "Students Supporting Israel" as a beneficiary to a retirement plan, life insurance, bank, or investment account, or for a will or trust use sample language such as: "I give to Students Supporting Israel the sum of ($___ or a description of the asset) to its (describe use: general purpose / certain program)."
TO GET STARTED, you can also fill out this LETTER OF INTENT FORM and contact us bellow to discuss more, and formalize your commitment by having a conversation with the professional you with with such as your personal financial planner or attorney.
A legacy donation supports SSI by naming "Students Supporting Israel" as a beneficiary in a will, trust, life insurance, retirement account, charitable trust, or any other asset.
These financial gifts are identified during your lifetime, but they are deferred gifts and are not passed to SSI during your lifetime.
WHO gives a legacy donation?
Donors at all levels can give legacy donations if you wish to include SSI as a beneficiary in your estate planning.
WHY do people give legacy donations?
During your lifetime you can support a non-profit's mission, but what if you wish to continue the commitment? It can be done through estate planning. Legacy, sometimes called "planned" gifts, are just that option that provides you to pass on your values and goals in the form of ongoing financial support to SSI.
HOW do SSI donors give legacy donations?
You may choose to name "Students Supporting Israel" as a beneficiary in your retirement plan, life insurance, bank, or investment accounts.
You may consult your lawyer, tax advisor, estate planner, or accountant for more information about a legacy donation to SSI in your will or trust.
There may be tax benefits to you in addition to the continued support for Students Supporting Israel for years to come, as a charity is not required to pay income tax on some type of assets.
While we recommend that you consult with your professional advisors in advance of making a legacy gift, you may also simply name "Students Supporting Israel" as a beneficiary to a retirement plan, life insurance, bank, or investment account, or for a will or trust use sample language such as: "I give to Students Supporting Israel the sum of ($___ or a description of the asset) to its (describe use: general purpose / certain program)."
TO GET STARTED, you can also fill out this LETTER OF INTENT FORM and contact us bellow to discuss more, and formalize your commitment by having a conversation with the professional you with with such as your personal financial planner or attorney.
| legacy_gift_letter_of_intent_.pdf |