Estate Planning

How will you be remembered?

Incorporating charitable giving into your estate plans can sound complex at first, but philanthropic planning can be as simple as including a bequest to The Community Foundation of South Alabama in your will. You may leave a percentage share of your estate, specify the dollar amount, or designate the Community Foundation as a contingent beneficiary.

Estate taxes can take a huge bite out of the assets you have built over your lifetime. A charitable fund is a way to manage estate tax issues for your heirs. The assets you contribute to your charitable fund during your lifetime are not subject to estate taxes.

This type of planning can also encompass much more than a simple bequest. With the goals of providing for your loved ones, reducing taxes, and remembering worthy causes, there are a variety of techniques available that have mutual benefit to you, your community, and your favorite charitable organizations, both now and into the future.

Gifts received through an estate are generally 100% deductible for estate tax purposes with no limitation.

Types of Assets Accepted
Trust Assets
Estate Assets
Publicly Traded Securities
Mutual Fund Shares
Private Securities
Real Property
Tangible Personal Property
Life Insurance Policies
Retirement Assets (IRAs, retirement plans)

For more information, call 251.438.5591.