GLAAD's work is about accelerating our journey toward full cultural acceptance for LGBT people -- and leaving a legacy to GLAAD can help change the world we live in, today and for future generations. You can leave a legacy gift to GLAAD in four key basic ways:
Include a Bequest in your Will
Your will is the foundation of most estate plans, whether you are wealthy or not. It is also the simplest way to leave a legacy gift to GLAAD. You can provide your gift as either a percentage or a fixed amount. You can add GLAAD to an existing will by revising and re-executing your will at any time, or by executing a codicil (a separate amendment).
Include a Bequest in your Trust
If you choose to create a trust to handle your estate planning, you can also provide your gift to GLAAD in that instrument. There are various types of trusts, any of which can be the vehicle for providing a legacy gift to GLAAD, including charitable remainder trusts, and charitable lead trusts. Please consult with your legal and/or financial advisors to best craft the gift you wish to provide to GLAAD, given your personal circumstances.
Leave your Legacy Gift via your Retirement Account(s)
The withdrawal formula calculated for a typical retirement account is designed to make the account balance last for your lifetime, and there is often a balance remaining. That balance makes a great charitable gift - especially since leaving it to someone other than your spouse generally makes it subject to income tax. A retirement account beneficiary designation is separate from any instructions in your will, so you can make this type of gift even if you do not yet have a will. Just request a beneficiary designation form from your financial institution. You can leave the entire balance, or a percentage of it, to GLAAD.
Leave your Legacy Gift via your Life Insurance
When you purchase a life insurance policy, or are included in a group policy through your employer, you are provided the opportunity to name beneficiaries. Just as with your retirement account, you may request a new beneficiary designation form from your insurer and you can update the beneficiaries at any time. You can leave the entire balance, or a percentage of it, to GLAAD.
Some Additional Gifts Options Include: cash, stocks, bonds, real estate, annuities, art, and IRAs.
GLAAD offers many planned gift options that may fit your situation. Many of these gift vehicles can provide life income for the donor and major support for GLAAD. The information provided on this site is not intended as legal, tax or investment advice. For such advice, please consult with an attorney, tax professional and/or investment professional.
To name GLAAD as a beneficiary in your will, please use our legal name, the Gay & Lesbian Alliance Against Defamation, Inc. Our federal tax identification number is 13-3384027.
For more information about GLAAD's Legacy Circle, please contact:
Kathy Paspalis, Esq.
Director of Individual & Planned Giving - Western US
5455 Wilshire Blvd, #1500
Los Angeles, CA 90036
fax: (323) 933-2241