Including Cumberland Community Foundation in their estate plan is an easy way for your clients to make a significant impact on community needs and create a legacy that lasts forever. After ensuring their loved ones have been cared for, your clients can use a variety of assets to make a planned gift and accomplish their charitable goals.
Bequests: A charitable bequest to Cumberland Community Foundation enables your clients to retain control over their assets during their lifetime and support the community they love later. A charitable bequest can be a specific dollar amount, a percentage of an estate, or what remains after other bequests are made.
Retirement Plans: Individual Retirement Accounts (IRAs) or other qualified retirement plans are often one of the best types of assets to leave to charity because they are taxed so heavily when left to heirs. When your clients leave retirement plan assets to a nonprofit––such as the Community Foundation––100 percent of the gift will be available to support their charitable interests.