What is a legacy gift?
Cross-Lines will continue to need financial support in the future. A donor usually makes a contribution from his or her assets or estate rather than current income, and can receive current income and tax benefits. Legacy gifts are typically made through a will or trust, gifts that provide lifetime income to the donor like a charitable gift annuity, or gifts that protect your assets, like a retained life estate of a house.
Why a legacy gift?
They allow your personal values to make a lasting impact on the world and can inspire others to join in your commitment. They pass your values on to your children and grandchildren while teaching them the importance of using resources wisely to help others. Selecting the right planned giving vehicle also allows you to reduce your estate and income taxes, maximize the financial and tax benefits of your gift, and make a larger gift than you ever thought possible. And because Legacy gifts typically are arranged now and paid out later, your gift ensures that Cross-Lines will have the financial resources to continue our programs and outreach.