Planned Giving

Creating Your Legacy

Creating your legacy is easier than ever.

 

Bequests

One of the most powerful ways to advance the Eastern Panhandle for the common good is to include the United Way of the Eastern Panhandle in your will. 

To make this process easier than ever, we’ve partnered with FreeWill to give all of our supporters the opportunity to write their legally valid wills online for free. In less than 20 minutes, you will have a will that is valid in all 50 states.

If you have a more complicated estate, FreeWill can be used to create a set of documented wishes to bring to a lawyer’s office and save time and money. 

Secure your legacy with United Way of the Eastern Panhandle and write your will today.

 

Gifts from your IRA

Are you 70 ½ or older with a traditional IRA? If so, you may be eligible to make a tax-free gift from your IRA called a Qualified Charitable Distribution (QCD). QCDs are always tax-free, regardless of whether or not you itemize deductions on your tax return. 

Did you know that taxpayers 70½ and older are required to take annual distributions from an IRA? These are ultimately subject to taxation.

But there’s a way to save on your taxes – and support our community.

With rollover contributions from your IRA, you can donate up to $100,000 each year to charitable organizations such as United Way – completely tax-free.

You or a loved one can use your investment to help build a stronger community.

HOW TO MAKE A DISTRIBUTION

Here is how you transfer funds from your IRA to United Way of the Eastern Panhandle:

  • Contact your IRA administrator
  • Tell your IRA administrator you wish to make a direct distribution from your IRA to United Way of the Eastern Panhandle
  • Request a check made payable to United Way of the Eastern Panhandle and indicate it is a distribution from the account of (your name)
  • Provide United Way of the Eastern Panhandle's Federal Tax ID #: 55-6024725

 

Gifts of Stocks

If you have appreciated stocks, transferring them directly to United Way of the Eastern Panhandle is a powerful way to make a greater impact on our community. It is also a way to avoid the capital gains tax, making this a savvy giving choice.