Leave a legacy at the Louisiana Center for Children’s Rights by remembering us in your estate plans. Below are a variety of planned giving options designed to fit any lifestyle. Want to talk things through with an actual person? Contact Ryan Hill, Development Director at 504-658-6862 or rhill@lakidsrights.org.
GIVING THROUGH YOUR WILL OR REVOCABLE TRUST
A gift to the Louisiana Center for Children’s Rights in your will or revocable trust enables you to support our mission and make a lasting difference in the lives of children swept up in Louisiana’s juvenile justice system. A bequest:
RESIDUAL GIFT LANGUAGE
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to the Louisiana Center for Children’s Rights (Tax ID #20-5961971), located in New Orleans, LA, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
SPECIFIC GIFT LANGUAGE
Naming the Louisiana Center for Children’s Rights as a beneficiary of a specific amount from your estate is easy:
I give and devise to the Louisiana Center for Children’s Rights (Tax ID #20-5961971), located in New Orleans, LA, the sum of $___________ (or asset) to be used for its general support (or for the support of a specific program).
CONTINGENT GIFT LANGUAGE
The Louisiana Center for Children’s Rights can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give and devise to the Louisiana Center for Children’s Rights (Tax ID #20-5961971), located in New Orleans, LA, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific program).
RETIREMENT PLAN BENEFICIARY LANGUAGE
You may name the Louisiana Center for Children’s Rights (Tax ID #20-5961971) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Naming the Louisiana Center for Children’s Rights as the beneficiary of an IRA or qualified retirement plan such as a 401(k), 403(b), Keogh or profit-sharing pension plan will accomplish a charitable goal while potentially realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming the Louisiana Center for Children’s Rights as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support the Louisiana Center for Children’s Rights free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change-of-beneficiary form from your plan administrator. When you have finished, please return the form to your plan administrator and notify the Louisiana Center for Children’s Rights. We can also assist you with the proper language for your beneficiary designation to the Louisiana Center for Children’s Rights.
CUSTOMIZED LANGUAGE
If you or your attorney would like for the Louisiana Center for Children’s Rights to provide you with customized beneficiary language that is specific to your goal and interest, please contact us at rhill@lakidsrights.org or 504-658-6862.
Please consult with your financial advisor to determine which option is best for you.
