Planned Giving

Planned gifts make the region stronger for our future generations.

By making an estate gift to United Way of Southwest Virginia, you are creating a legacy of opportunity for our region. Your generosity will live on enabling the future generations of Southwest Virginia, while also creating tax benefits for you.

Bequests

Giving through your will is the most common form of planned giving.

Different types of bequests can be general, specific, residual, contingent, or percentage. Bequests can be restricted for a particular use or can be unrestricted. Your bequest can be in the form of cash, securities, or specific property.

Here is sample wording for an outright, unconditional, unrestricted bequest to be used for general operating:

I give and bequeath to United Way of Southwest Virginia the sum of $____ or ____% of my estate.

Always consult with your estate planning attorney for proper wording of your particular intentions with your bequest.

Bequests can be changed or modified if your circumstances change. Typically, a bequest will reduce your tax obligations, but you should always consult your estate planning attorney on how your specific situation will be impacted.

Life Insurance

Providing a life insurance policy with the beneficiary as United Way of Southwest Virginia is a very easy way to leave your legacy. This is a simple and convenient way for you to make a significant gift by purchasing a policy and naming United Way of Southwest Virginia as the owner and beneficiary. You may also add United Way of Southwest Virginia to your existing policy as a beneficiary.

Retirement Plans

You may name United Way of Southwest Virginia as the beneficiary of your retirement account upon death. In addition, if you have accumulated funds in a retirement plan that go beyond your planned need, you may also make a gift to United Way using this account.