Wild Ones Legacy:
Helping You Help Wild Ones After You're Gone
The Wild Ones Finance Committee,
chaired by Kathy McDonald, Greater Cincinnati
(OH) Chapter, has been hard at work developing
a financial program for members and friends
to use in supporting the Wild Ones mission.
Today we are introducing the Wild Ones
Legacy Program. If you have comments or
further suggestions, please contact the
National Office at 877-394-9453.
its important programs, Wild Ones depends
heavily on private contributions from caring
individuals. Donors are discovering the
benefits of supporting charities through
their estate plans. Through the Wild
Ones Legacy Program we will work
with you and your estate-planning professionals
to help you help Wild Ones after you are
These donations (often called
planned gifts) can offer many advantages:
• Reduce estate taxes.
• Provide a life-income stream.
• Allow you to make a much larger gift
than you thought possible.
• Receive a current income-tax
• Reduce or avoid capital gains tax.
• Support Wild Ones mission and work.
you have not yet included the Wild Ones
in your estate plans, the following are
some of the most popular methods to accomplish
that. If you have questions or would like
more information, please contact National
Treasurer, Bret Rappaport, at 312-845-5116
or email@example.com, or the Wild
Ones National Office at 877-394-9453 or
firstname.lastname@example.org. If you are considering such a gift, you should consult with your attorney or accountant for how the gift will affect your estate plan.
One of the simplest and
most common ways to remember Wild Ones
and help us carry on our mission is to
leave a bequest through your will. The
following is suggested language to use
in wills and a variety of other estate
planning tools – feel free to print this
and take it to your attorney when you are
discussing your estate plans.
a gift to the Wild Ones Natural Landscapers,
Ltd., use this
“I give and bequeath the
sum of $ _______ (or ______% of my estate)
to the Wild Ones Natural Landscapers Ltd.,
to be used for its general purposes.”
may also give a particular asset (“my shares
of XYZ stock…”) or a portion of the residue
of your estate after other bequests have
been paid (“50% of the rest, residue and
remainder of my estate…”).
There are many
different types of trusts that can serve
a variety of purposes. It would be impossible
to give even a brief explanation of the
many types of trusts in this information.
The advice of an attorney and qualified
financial planner is necessary to assess
your situation and decide which trust might
best serve your goals. Please know, however
that it is easy to include a gift to Wild
Ones through your trust by using the language
set forth above.
Also, there are trusts (called
Charitable Remainder Trusts) that can provide
you or your loved ones with a life-income
stream while also providing a gift to support
the programs of the Wild Ones. Please check
with your financial advisor to determine
what is best for your situation.
can be a valuable tool in estate planning.
By naming beneficiaries on policies, the
proceeds can be paid directly to that person
or organization without having to go through
probate. Life insurance also offers a wonderful
way to make a charitable gift. It is possible
to make gifts with “paid-up” policies,
policies with premiums still due,
policies where you can retain the right
to a policy’s cash value, or by assigning
the dividends in a participating policy.
Check with your insurance agent to see
which option would be best for you.
on death or transfer on death accounts
This estate planning tool
can be an effective way to quickly transfer
assets – such as bank accounts – to a beneficiary,
because it avoids that asset going through
the probate process. It also allows you
to change the beneficiary at any time.
establishing the account, tell your banking
representative that you wish it to be a
“Pay on Death” account. They will ask you
for the name of the person or charitable
organization you wish to receive the property
upon your death.
Gifts of securities
a gift of securities is not strictly an
estate-planning tool, there are significant
advantages to this type of donation that
have allowed many donors to make gifts
that will live on after they are gone.
If you have owned stock for at least one
that has increased in value, you can donate
that stock to a charitable organization
without having to pay capital-gains tax
on the increase. Additionally there is
an income-tax charitable deduction equal
to the full current market value of the
securities (up to 30 percent of the donor’s
adjusted gross income). Using appreciated
to fund a gift annuity offers added tax
to that gift.
Note: In order to receive
the most favorable tax treatment, you must
donate the securities to the Wild Ones
– you cannot sell the stock and donate
the proceeds. If you would like more information
on how to make this transfer, please contact
the Wild Ones National Office.
Retirement plan assets
the increase in the variety of retirement
plan assets that people own, an important
aspect of your estate planning should be
making sure that the money invested in
these accounts goes to the people or organizations
you wish to receive them.
Examples of these
different retirement plans include IRAs,
pension plans, Keogh, and 401(K) accounts.
If you are contemplating a
charitable gift in your estate plans, using
assets such as those in retirement plans
can maximize your donation while allowing
that is not subject to some taxes to be
to your beneficiaries. Consult your financial
advisor to see what is best for your particular
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