Planned Giving and Estate Planning
Leave a lasting legacy by including Mount Dora Children’s Home in your estate planning
You can make a life-changing impact on the future by remembering Mount Dora Children’s Home in your estate plan or other major gifts. Your gifts can help transform the lives of needy children and families both now and for generations to come.
Planned giving also offers you more immediate benefits, including tax advantages and additional income for your retirement years, while still benefiting MDCH and the children we serve.
Generate retirement income with a Charitable Gift Annuity
Charitable Gift Annuities are a popular way to make a substantial donation to charity from cash or securities and receive monthly income for life, or for two lives (joint and survivor). Payout rates vary by age. Recommended rates shown are from the American Council on Gift Annuities, as of Jan. 1, 2020. For more information, contact Tim Deem, Vice President of Development, at 352-383-0762.
*Approximate income for illustration purposes, based on $50,000 annuity
**Assumes both parties are same age
More ways to leave a lasting legacy
- Wills and trusts
One of the simplest strategies is to add Mount Dora Children’s Home to your will or trust documents. You can choose to leave MDCH a percentage, a specific dollar amount, specific pieces of property or the residual of your estate after providing for your heirs. When you notify us that you have added MDCH to your will, we will honor you with membership in our Heritage Club.
- Charitable Remainder Trusts
A charitable remainder trust provides for annual income to you or another person you designate for life or a specified period of time, after which the remainder of the trust is left to Mount Dora Children’s Home. The donor may receive significant tax benefits, especially when donating appreciated assets.
- IRA, 401(k) and other retirement accounts
Naming Mount Dora Children’s Home as beneficiary of your IRA, 401(k) or other qualified retirement accounts may provide tax benefits for your estate. If you are age 70 1/2 or older, you may also qualify to donate some or all of the annual Required Minimum Distribution (RMD) from your retirement accounts to a charity such as Mount Dora Children’s Home.
- Gifts of specific property
You can help support Mount Dora Children’s Home by gifting real estate, stocks and other securities, art, antiques and other collectables to us. We also accept donations of vehicles, including cars, vans, trucks, RVs, motorcycles and boats. Such gifts, including donation of appreciated assets, may provide the donor with significant tax benefits. We will be glad to meet with you to discuss planned giving and estate planning strategies that work best for you and your family. We can also work with your financial planning, tax or legal advisers to develop a plan tailored to your needs.
- Wills and trusts
Learn how you can leave a lasting legacy for good through charitable gifts to MDCH
Ready to learn more about how you can help generations of needy children yet to come through making charitable gifts to Mount Dora Children’s Home? Call or email us today for a FREE copy of our 16-page, informative brochure on planned giving opportunities titled “Leave Your Legacy with One of These Ways to Give.”
Request a free brochure today for more information.
Call the Development Office at Mount Dora Children’s Home at 352-383-0762, or email your request to [email protected]. Please include your name, address, and phone number.