SUPPORT MEDFORD LEAS
Generous gifts of time, friendship, wisdom, vision, work and financial
support create a vibrant and caring community. It is because of the
active involvement of many that Medford Leas continues to thrive.
Your gift, large or small, makes a tremendous difference to Medford Leas
ability to continue to build community and improve services for residents.
Volunteers provide significant contributions to Medford Leas. Giving your time, talent and skills can truly impact the lives of others. We have the following volunteer opportunities available for Medford Leas residents and community persons age 16 and older:
- Fitness & Aquatics
- Therapeutic Recreation
- Pet Visits
WAYS TO MAKE A PLANNED GIFT
Many individuals have expressed their commitment to Medford Leas through Planned Giving – a very special and important form of financial support. These individuals have named Medford Leas as the beneficiary of a planned gift. Such gifts include a bequest by will, gifts of IRA assets, charitable gift annuities, charitable remainder trusts, and/or charitable beneficiary designation.
*Always talk to your financial or legal advisor before making an estate gift.
BEQUEST BY WILL
You may transfer any asset you own through a written will to benefit Medford Leas. Although you will not receive any tax benefits during your lifetime, your taxable estate will be reduced by the amount of the charitable bequest.
Many investors are beginning to realize that upon their death, unused IRA assets will be heavily taxed. It is estimated that estate and income tax could consume anywhere from 60% to 80% of the money remaining in IRA assets. You can avoid income tax on retirement accounts as well as estate tax, by naming Medford Leas as a partial or full beneficiary of your retirement accounts.
CHARITABLE GIFT ANNUITY
A Charitable Gift Annuity enables you to transfer cash or marketable securities to Friends Fiduciary Corporation for the ultimate benefit of Medford Leas. In return, you will receive fixed annual payments for life or a set period of time. You will be entitled to a charitable income tax deduction in the year in which the gift annuity is created and a portion of the fixed annual payment is tax free in the following years.
CHARITABLE REMAINDER TRUST
You may use different assets to establish a Charitable Remainder Trust that will benefit you and/or heirs for life. The remaining interest in the trust could be designated for Medford Leas.
CHARITABLE BENEFICIARY DESIGNATION
You can designate Medford Leas as a full or partial beneficiary of your qualified retirement plan using a form supplied by the policy underwriter or plan administrator. After your death, the benefit comes to Medford Leas. The benefit payment is generally excluded from your estate for tax purposes.
The Holly Society was established to recognize all those who have included Medford Leas in their estate plans or planned giving.