In 2011, Legal Aid will celebrate 100 years of providing critical civil legal help to Maryland's most underprivileged citizens. Please consider making a contribution to Legal Aid's endowment. We need your help to continue our success into the next 100 years. A robust endowment helps stabilize funding and will help us develop a loan forgiveness program (one of the biggest retention problems Legal Aid faces is the school-loan burden carried by our low-paid legal staff). It will also enable us to respond to special situations of underserved populations and to fund projects as the need arises.
WAYS TO FUND OUR ENDOWMENT
Cash/Checks/Money Orders
Checks and money orders can be made out to: Legal Aid Bureau, Inc., 500 E. Lexington Street, Baltimore, MD 21202. You can also contribute online (at the top of this page on the right) or contact Erin Hairston for a pledge card at (410) 951-7719 or ehairston@mdlab.org.
Stock
The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. Stock transfers can be made through Legal Aid's account at Deutsche Bank Alex. Brown, account # 5XF-670312; account executive William Mark Clark (410/727-1700). Note: If you make a stock transfer gift to Legal Aid, please make sure to notify Susan Shubin, Director of Resource Development (410/951-7706 or email sshubin@mdlab.org). Sometimes we receive notice of a stock transfer and it is impossible to tell from whom--and we are unable to thank the donor.
WHAT IS PLANNED GIVING?
Planned gifts to Legal Aid are about planning for the future: your future and the future of justice in Maryland.
Planned giving is the name for any charitable gift requiring forethought and planning. Planned gifts can be as simple as making an outright gift of appreciated assets or as complex as creating a charitable trust in your will. Each gift offers special benefits. And each gift creates a long-term financial resource that helps sustain our community---from generation to generation.
Planned giving is a technique that helps you maximize the personal benefits of your charitable giving, and allows you to make gifts you might have thought impossible. How? Through advantageous tax treatment under both state and federal law.
Planned legacy giving is a way to make a gift and also enjoy the benefits of these laws. With careful planning, it is possible to reduce or eliminate income taxes (including capital gains) and transfer taxes (including gift, estate, inheritance and generation-skipping). You can enjoy these tax savings while turning appreciated assets into an income for yourself and others. Planned giving is a tool that helps you achieve your goals for Legal Aid and enhances your financial plans and security.
TOP 10 THINGS YOU CAN DO TODAY TO LEAVE A LEGACY OF JUSTICE
1. Prepare a will. Fewer than 40 percent of those who die have one. Without a will, you have no control over what happens to your assets upon your death.
2. Leave a specific dollar amount, asset or percentage of your will or trust to Legal Aid. Currently, fewer than six percent of American households include charitable gifts in an estate plan. Imagine the positive impact on our community if everyone made a bequest to Legal Aid!
3. Consider various assets for your charitable gift. They include—but are not limited to—stocks, bonds, CDs, real estate, art and jewelry. Such gifts may even provide tax savings.
4. Name Legal Aid as the beneficiary of your pension plan or IRA. If left to an individual, the funds may be subject to income and estate taxes.
5. Name Legal Aid as the beneficiary or owner of an existing life insurance policy.
6. Purchase a new life insurance policy naming Legal Aid as the owner or beneficiary.
7. Encourage family and friends to leave gifts to Legal Aid in their wills.
8. Consider establishing a life income gift that will provide current income to you and/or a loved one, while providing significant tax benefits.
9. Ask your financial advisor to encourage charitable giving as part of their counsel to clients.
10. Remember loved ones through long-lasting memorial gifts.
WAYS TO FUND OUR ENDOWMENT
Cash/Checks/Money Orders
Checks and money orders can be made out to: Legal Aid Bureau, Inc., 500 E. Lexington Street, Baltimore, MD 21202. You can also contribute online (at the top of this page on the right) or contact Erin Hairston for a pledge card at (410) 951-7719 or ehairston@mdlab.org.
Stock
The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. Stock transfers can be made through Legal Aid's account at Deutsche Bank Alex. Brown, account # 5XF-670312; account executive William Mark Clark (410/727-1700). Note: If you make a stock transfer gift to Legal Aid, please make sure to notify Susan Shubin, Director of Resource Development (410/951-7706 or email sshubin@mdlab.org). Sometimes we receive notice of a stock transfer and it is impossible to tell from whom--and we are unable to thank the donor.
WHAT IS PLANNED GIVING?
Planned gifts to Legal Aid are about planning for the future: your future and the future of justice in Maryland.
Planned giving is the name for any charitable gift requiring forethought and planning. Planned gifts can be as simple as making an outright gift of appreciated assets or as complex as creating a charitable trust in your will. Each gift offers special benefits. And each gift creates a long-term financial resource that helps sustain our community---from generation to generation.
Planned giving is a technique that helps you maximize the personal benefits of your charitable giving, and allows you to make gifts you might have thought impossible. How? Through advantageous tax treatment under both state and federal law.
Planned legacy giving is a way to make a gift and also enjoy the benefits of these laws. With careful planning, it is possible to reduce or eliminate income taxes (including capital gains) and transfer taxes (including gift, estate, inheritance and generation-skipping). You can enjoy these tax savings while turning appreciated assets into an income for yourself and others. Planned giving is a tool that helps you achieve your goals for Legal Aid and enhances your financial plans and security.
TOP 10 THINGS YOU CAN DO TODAY TO LEAVE A LEGACY OF JUSTICE
1. Prepare a will. Fewer than 40 percent of those who die have one. Without a will, you have no control over what happens to your assets upon your death.
2. Leave a specific dollar amount, asset or percentage of your will or trust to Legal Aid. Currently, fewer than six percent of American households include charitable gifts in an estate plan. Imagine the positive impact on our community if everyone made a bequest to Legal Aid!
3. Consider various assets for your charitable gift. They include—but are not limited to—stocks, bonds, CDs, real estate, art and jewelry. Such gifts may even provide tax savings.
4. Name Legal Aid as the beneficiary of your pension plan or IRA. If left to an individual, the funds may be subject to income and estate taxes.
5. Name Legal Aid as the beneficiary or owner of an existing life insurance policy.
6. Purchase a new life insurance policy naming Legal Aid as the owner or beneficiary.
7. Encourage family and friends to leave gifts to Legal Aid in their wills.
8. Consider establishing a life income gift that will provide current income to you and/or a loved one, while providing significant tax benefits.
9. Ask your financial advisor to encourage charitable giving as part of their counsel to clients.
10. Remember loved ones through long-lasting memorial gifts.
ENDOWING JUSTICE
Legal Aid depends on the generosity of our donors. We invite you to join us in the challenge to grow our endowment fund. Please consider a contribution at the highest level possible to assist in this campaign.
Only with your assistance can we ensure that low-income people throughout Maryland with serious civil legal problems will achieve the justice they seek—and deserve.
Legal Aid depends on the generosity of our donors. We invite you to join us in the challenge to grow our endowment fund. Please consider a contribution at the highest level possible to assist in this campaign.
Only with your assistance can we ensure that low-income people throughout Maryland with serious civil legal problems will achieve the justice they seek—and deserve.
All funds received by the Legal Aid Bureau, Inc. are spent in accordance with the Legal Services Corporation Act of 1974, as amended 1977, 42 U.S.C. §§ 2996 et. seq., its implementing regulations, 45 C.F.R. § 1600 et. seq., and other applicable law.
