Families who experience developmental disabilities have unique financial concerns. They also have a unique sensitivity to the importance of the on-going work of the Atlanta Alliance on Developmental Disabilities, AADD.
Including AADD in one's financial and estate plans can create profound benefits for present and future generations.
This is often called "planned giving." Thoughtfully done, it can provide benefits to you, to your estate and your heirs, as well as to AADD, the people it serves, and generations to come.
We are pleased to be able to provide you with a brief overview of some of the various ways you may be able to achieve those ends. While we may be able to provide modest additional information, we urge that you always secure qualified professional legal and financial advice.
A Few Points to Consider:
- Planned gifts are usually made from assets, not from
income; they may be made now as outright gifts, or
deferred in any of several different ways.
- Probably the simplest planned gift is the inclusion of
AADD in your will.
- Just about anyone can make a planned gift. The extent of
tax benefits may vary, depending on many factors.
- Although there may be major tax advantages to you or
your estate, you should always remember that any
donation has some cost; therefore, the primary reason for
making one should be your interest in furthering the
charity's work. For example, if you own appreciated but
low-yield stocks, there may be significant tax benefits in
donating these to AADD rather than selling them; however,
you are still donating that asset.
- Some of the greatest benefits are in donations --current or
deferred-- of property or assets that you do not need to
include in your estate.
- With certain types of gifts, you can guarantee income for
the rest of your life (and possibly the life of another
individual, as well), as well as experience tax benefits.
Many common questions are answered in the following section;
See: " 10 Little -and Not-So-Little Questions"
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