Planned Giving

One simple and flexible way to ensure that your legacy of empowerment continues for years to come is by making a gift in your will or living trust, known as a charitable bequest. Making a will or living trust is an important way to extend your love, generosity, and gratitude for family and friends – and an excellent way to support Loveland Habitat’s mission after your lifetime. Bequests allow individuals to make larger gifts than they could during their lifetime to support our work. In addition, gifts through a will or living trust cost you nothing now and are flexible. Relationships and situations change, and you can change your will or living trust at any time.

You can make a difference at Loveland Habitat now or for future generations with a tax-wise gift from your retirement plan or IRA. Here’s why: a retirement plan or IRA is typically the largest source of assets that generate taxable income when paid to a beneficiary. More than one-half of your retirement plan could be subject to  income and estate taxes. Therefore, if you are considering a gift to Loveland Habitat after your lifetime, it is usually better to leave taxable assets to us and give nontaxable assets to your loved ones.

Life circumstances may change, and the needs you once had for permanent life insurance benefits may no longer be the same today. You can name Loveland Habitat (as a nonprofit organization) to be the beneficiary of a life insurance policy just as you can name people as beneficiaries. Because you can name more than one beneficiary, you can divide the death benefit among your loved ones and Loveland Habitat.