Planned giving is a way to leave a lasting legacy that speaks about what you believe to be important and about what you hope to see accomplished during generations to come. The following information describes some common ways that planned gifts can be made. This information is very general in nature. Consult your attorney, your financial planner and/or your tax adviser to draw up an estate plan that is specific to your own needs and interests.
WILLS: One way to leave a legacy of care is to remember the Treatment Advocacy Center in your will. Here is sample language you can take to your attorney who is drafting your will:
I give to the Treatment Advocacy Center, whose address is at 200 North Glebe Road, #730 Arlington, Virginia 22203, ___________ [INSERT EITHER DOLLAR AMOUNT OR PERCENTAGE OF ASSETS] in full support of its mission.
CHARITABLE TRUSTS: Another way to give to the Treatment Advocacy Center is by creating a trust created during your lifetime. One option is a charitable remainder trust, which allows you to designate income for certain beneficiaries for life or for a given number of years and then to leave the remainder to the Treatment Advocacy Center. A second option is a charitable lead trust, which allows you to distribute income to the Treatment Advocacy Center during your lifetime so that you can reduce estate taxes and preserve a greater portion of your estate for your beneficiaries.
RETIREMENT PLANS: IRAs, 401(k)s, and other retirement plans may make up a large portion of your estate. When left to heirs, these assets may be subject to estate and income taxes. Naming the Treatment Advocacy Center as the beneficiary of some or all of your plan assets may reduce or eliminate these taxes.
LIFE INSURANCE: Life insurance is another asset for which a donor may designate a favorite charity as beneficiary. This is especially relevant when the policy no longer serves its original purpose.
MEMORIAL GIFTS: Many people today request that survivors send charitable gifts in lieu of flowers. When making such a request on behalf of the Treatment Advocacy Center, please ask that persons designate who is being honored and to whom notice of such gift should be sent. Memorial gifts should be sent to:
Treatment Advocacy Center
200 North Glebe Rd. # 730
Arlington, VA 22203
The Treatment Advocacy Center is a nonprofit 501(c)(3) organization. Gifts are tax-deductible to the extent allowed by law. We do not accept funding from pharmaceutical companies or entities involved in the sale, marketing or distribution of such products.