How to Leave A Legacy

“A portion of our estate will go to the Community Foundation to continue supporting work that we care about after we’re gone, through the Bill and Maxine Aten Fund for the Community and the Challenge Mountain Fund.  The thought that we can be a part of making the area we love a better place after we are gone gives us tremendous satisfaction.  Knowing that we can positively influence other peoples’ lives by being a part of this action gives us both great comfort and a deep sense of honor.”  - Bill and Maxine Aten

 

You Can Make a Difference Close to Home...Forever

Thank you for your interest in learning more about leaving a legacy with the Community Foundation.  Estate gifts, also called planned or deferred gifts, are often the greatest expression an individual or couple can make in support of causes they care about most.  Typically, estate gifts are planned when an individual or couple works with professional advisors to determine what is needed to provide for themselves, loved ones, and causes they care about most.  An estate gift can be accomplished with standard language specifying that the Community Foundation will receive a specific dollar amount, a percentage of your estate, or what remains after other bequests – including those to family members – are made.   Here is an overview of how you too can leave a legacy through the Community Foundation.

  • Meet with the Community Foundation so that we can learn about what issues are important to you and how you hope to make a difference with your estate gift.  (“What Can I Do with My Estate Gift?” may be helpful to you)
     
  • Next, complete a “Designation of Proceeds from an Estate Gift” agreement with Community Foundation staff.  This form outlines exactly how your estate gift will be applied to meet your charitable goals when the Community Foundation receives the gift.  This agreement can be changed at any time by communicating with the Community Foundation and does not require changes to the will or trust.  Staff may share a draft “Designation” agreement by email.  Review it to be sure that we understand your intentions.  If the agreement meets your goals, let staff know and we can schedule a date and time to sign the agreement.
     
  • Consider whether you would like to join the Legacy Society, which recognizes individuals and couples who have named the Charlevoix County Community Foundation as a beneficiary of any type of estate gift.  The purpose of the society is to acknowledge and thank those who have made gifts of this type, and to inspire others to do the same. Legacy Society options are a part of the “Designation” agreement document. 
     
  • Staff will create official copies of the agreement for you.  We can meet to sign the documents or we can provide them to you by mail with a self-addressed, stamped envelope.  When the agreement is signed, we have all the information we need to be sure your estate gift leaves a legacy here in Charlevoix County.