CASA of Denton County is strengthened by the generosity of individuals who believe every child deserves a safe, permanent, and loving home. Consider including CASA of Denton County in your future plans through a planned gift. More than wills and estates, planned gifts offer meaningful ways to create a lasting legacy of hope and help ensure that children in Denton County continue to have a dedicated Advocate by their side for generations to come.
Below is a summary of some common planned giving options. These are not offered as professional tax or legal advice and may not apply in all cases. Please consult your tax, legal and financial advisors about your specific situation.
Common planned giving Options
bequests
A gift through your Will is one of the simplest ways to create a lasting legacy with CASA of Denton County. You can name CASA as a beneficiary while continuing to use and enjoy your assets throughout your lifetime.
You can choose to leave a gift of cash, securities, real estate, or personal property. You can also tailor your bequest to fit your goals and circumstances. Options include:
- Percentage bequest: Give CASA a percentage of your estate.
- Fixed-dollar bequest: Leave a specific dollar amount to CASA.
- Residual bequest: Give what remains of your estate after other gifts and expenses have been addressed.
- Contingent bequest: Name CASA as a beneficiary if your primary beneficiaries are unable to receive your gift.
A bequest may also provide valuable estate tax benefits. By planning your gift thoughtfully, you can support children in our community for generations to come while creating a legacy that reflects the causes you care about.
retirement plans
You can create a lasting legacy for children in Denton County by naming CASA of Denton County as a beneficiary of your retirement plan. You can designate a percentage or other portion of your IRA, 401(k), 403(b), Thrift Savings Plan, or other qualified retirement account.
Making this gift is simple. You can update your beneficiary designation directly with your retirement plan provider, allowing you to support CASA without using your assets during your lifetime.
Because CASA of Denton County is a qualified nonprofit, your retirement plan gift can pass to CASA without the income tax that may apply if these assets are left to individual beneficiaries. This may allow you to preserve other, more tax-friendly assets for your family and loved ones while creating a meaningful legacy for children in our community.
life insurance
You can use a life insurance policy to make a meaningful gift to CASA of Denton County and help create a lasting legacy for children in our community. By naming CASA as a beneficiary, you can make a future gift without using your assets during your lifetime or changing your Will.
You have the flexibility to name CASA as a beneficiary of an existing policy or, in some circumstances, transfer ownership of a policy to CASA while also naming CASA as the beneficiary. Depending on your circumstances, a life insurance gift may also provide valuable estate or tax benefits.
A life insurance gift can be a simple and impactful way to extend your support for CASA and help ensure children have a dedicated Advocate by their side for years to come.
Contact Michelle Rocha, Development Director at mrocha@casadenton.org for suggested bequest language or organizational information or beneficiary designation forms, or other questions about planned giving.
CASA of Denton County, Inc. is a 501(c)(3) charity, Tax ID #75-2417472.
All donations are tax deductible as allowed by law.