Putting CASA in your will
You can provide now for a future gift to CASA of Southwest Missouri by including a bequest provision in your will or trust. Your will or trust directs assets to your heirs and can direct a bequest to CASA of Southwest Missouri.
- Your assets remain in your control during your lifetime.
- You can change your bequest if your circumstances change.
- You can direct your bequest to a particular purpose (be sure to check with CASA of Southwest Missouri to make sure your gift can be used as intended).
- You can have the satisfaction of knowing your bequest will support CASA of Southwest Missouri in the way you intended when you are gone.
Use this language in your estate plan:
I hereby direct $____________ (or _____ percent of my residual estate) in cash, securities, or other property to CASA of Southwest Missouri (Fed. ID# 43-1524185).
Naming CASA as a beneficiary
You can name CASA of Southwest Missouri as beneficiary of your life insurance policy or your retirement plan and reduce your tax liability. This is as simple as calling your provider and updating or adding to your beneficiary designations.
Giving real estate
For many people, their home or other real estate is their most valuable asset. You may donate your home or other property to CASA of Southwest Missouri. Gifts of real estate may secure a charitable income tax deduction for you, based on the fair market value of the property, with no capital gains liability for the transfer. If you wish to continue to live in your residence, you may choose to irrevocably deed a residence (such as your home, cabin, or farm) to CASA of Southwest Missouri but reserve the right to use it during your lifetime. This arrangement may create an immediate income tax deduction and a federal estate tax deduction.
Help future CASA children through the Endowment for CASA
You can make a difference for tomorrow’s children by giving to the Endowment for CASA of Southwest Missouri. The CASA of Southwest Missouri Fund is administered and maintained by the Community Foundation of the Ozarks. Founded in 1973, CFO has since grown to include 49 affiliate community foundations and more than 2,600 charitable funds totaling $259 million in assets, as of June 30, 2015.
For more information on giving to the endowment or creating a fund in honor or in memory of a loved one, please contact Laura Farmer at 417.864.6202.
As with any decision involving your assets, we urge you to seek the advice of your tax and legal advisors and we recommend you discuss your goals with your financial or estate planning professional. If you have any questions about what types of gifts CASA accepts, please contact Laura Farmer at 417.864.6202.