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With a bequest in your will, you can leave a legacy for the future that will cost you nothing right now. Instead, when your gift is received, it will be invested to produce permanent endowment income for the future care-giving needs of Community VNA, and for generations to come – forever. It’s a powerful choice. And it’s not difficult to put in place. The first step is making your wishes and intentions known to your lawyer, who will add a bequest to your will, per your directions.

Sample Bequest Wording:

• “I ___(your name)__ of ( your town, state, zip___) give, devise and bequeath to Community Visiting Nurse Agency, Inc., a 501 (c) (3) agency, now of 10 Emory St., Attleboro, MA, 02703, the following for its unrestricted use and purpose, or for the following purpose stated here _________________;

Then specify the gift, such as:

• A specific amount (such as $1,000 or $20,000, or $50,000, etc.)
• A percentage of a estate (such as 1% or 5% or 50%, etc.)
• A percentage of the residual of a estate after all other bequests (to children, grandchildren, etc.) have been fulfilled (such as 10% or 50% or 100% of residual)
• The description of the property to be donated (such as a 2010 Honda Accord, or X shares of XYZ stock)

Consider leaving Community VNA a donation of your IRA or retirement plan funds by naming us a beneficiary. Most retirement plans, including 401(k)s and IRAs, are income tax–deferred which means that income tax is due once the funds are distributed; either to you in life, or upon your death, to your heirs. Because taxes are due, retirement funds are among the most costly assets to leave to loved ones because the income taxes on retirement assets you leave to your loved ones can be as high as 35 percent.

However, retirement assets make ideal gifts to tax-exempt charitable organizations such as Community VNA. Donating your retirement assets to a charity upon your death generates no income taxes. Community VNA is a tax-exempt charity and eligible to receive the full amount of your gift with no taxes. You can designate other, non-taxable assets to your loved ones.

To name or change a beneficiary, simply contact the administrator of the IRA or retirement plan for a change of beneficiary form. If you would like to name Community VNA as beneficiary, simply decide what percentage of the plan’s value (0–100 %) you would like us to receive and name us, along with the stated percentage, on the beneficiary form. Then return the form to the administrator of your plan.

Please be sure to seek professional legal or financial advice before deciding who will get what assets in your estate plan, in order to ensure you are designating gifts in the most beneficial way.

For even more details on volunteering for Community VNA, plus the dates of upcoming Hospice Volunteer training classes, please contact our Volunteer Coordinator toll free at 1 (800) 220-0110 or locally at 1 (508) 222-0118, or by e-mail at volunteer@communityvna.com.

We will inform the honoree or the next of kin of your tribute gift, although we do not mention the gift amount. Your gift can be made for general support of our agency’s caring work, or directed to a specific program or purpose.