Planned Giving

Whether or not you write your memoir, in the end, you are remembered by your acts of kindness and generosity, for the lives touched and by the causes you advance. You can partner with Elder Care Services to improve the quality of life for seniors with a planned gift or by establishing an endowment in your name or in the name of a loved one.

Endowment

The proceeds of your legacy gift will be distributed to Elder Care to help us fulfill our mission. Unless anonymity is requested, Elder Care will recognize the donor or an honored loved one in our annual report. The advantage of an Endowment Gift is that the principal remains or increases in the trust and a guaranteed 5% transfer from the interest earnings is annually available to the agency. The gift, especially if it is a memorial gift, will continue to give and be recognized without additional effort.

Bequest in Will

You can make a bequest in your will to Elder Care Services, Inc. in the same way that you provide for family and individuals. There are three basic types of bequests:

  • Specific bequests are those for a specific item of property or specific sum
  • Percentage bequests are those for a fixed percentage of your estate
  • Contingent bequests are those that provide a secondary beneficiary in the event the primary beneficiary dies before you

Any bequests should be worded: "To Elder Care Services, Inc., a not for profit Florida corporation having its offices in Tallahassee, Florida, or its successor organization."

If you have already made an estate gift to Elder Care Services, please let us know. Knowing not only helps us plan for the future, but also gives us an opportunity to thank you and give you proper recognition.

IRA Charitable Rollover

If you are 70.5 years old or older you can make contributions directly through your IRA. You are allowed to transfer up to $100,000 a year to charities. This transfer of funds will not count as taxable income and will count toward your minimal distribution requirements. Contact your Plan Administrator to set up a rollover or contact Nicole Ballas  at Elder Care Services for more information.

Other forms of giving include:

  • Marketable Securities
  • Stocks
  • Real Estate
  • Life Insurance
  • Charitable Remainder Trust
  • Charitable Gift Annuities