Supporting WNRN for the next generations – Planned Giving Options
YOUR WILL or LIVING TRUST
It is easy to arrange a bequest for WNRN in your will or living trust. Simply add the full legal name of WNRN (Stu-Comm Inc.) to your will before it is reviewed by your attorney. Our full legal information can be found below.
SAVINGS ACCOUNTS and CDs
You can name WNRN as a beneficiary on a bank account by setting it up as a Payable-on-Death account. Ask your bank for the proper paperwork. This simple process bypasses probate.
If you have an existing life insurance policy, you can name WNRN as a beneficiary. If your policy has cash value and you no longer need it, you can donate the policy directly to WNRN and claim a deduction for its value. In some cases, it may make sense to consider a new life insurance policy to benefit WNRN.
You can arrange for a gift to be paid from your IRA or retirement plan. Simply add the full legal name of WNRN as a beneficiary. You can leave any portion of the amount that remains at the end of your life.
CHARITABLE REMAINDER TRUSTS
If you have highly-appreciated assets like real estate or stock, a charitable trust may work very well for you. The trust pays you income for life and leaves the remaining assets to WNRN as a gift at the end of your life. These trusts can provide remarkable tax savings.
You can transfer shares of stock and mutual funds directly to WNRN. If your shares have appreciated in value, you can avoid capital gains taxes and earn a deduction for their current value. You can also set up your investment account as a Transfer-on-Death account so that the balance will come directly to WNRN at your death.
The full legal name of WNRN for all planned giving purposes is:
2250 Old Ivy Road Suite 2
Charlottesville, VA 22093
Federal Tax ID: 54-1681363
For more planned giving information please contact: