Wills and Living Trusts

You want to leave money to Susan G. Komen in your will. You also want the flexibility to change your will in the event that life circumstances change. You can do both.

In as little as one sentence, you can complete your gift. This type of donation to Komen in your will or living trust, helps ensure that we continue our mission for years to come.

 

An Example of How it Works

Young smiling family with kidsWhen Tom and Martha got married, they made a point to put together a will to protect their assets. They both loved Komen and decided to include a bequest of $20,000 to us in their will.

As Tom and Martha’s family grew to include three children, they decided to revise their gift to ensure their children’s future financial security. They met with their attorney and simply revised the bequest language

“I give to Susan G. Komen, a nonprofit corporation currently located at 4009 Hillsboro Pike, Suite 209, Nashville, TN 37215, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”

so that their gift to Komen was now a percentage of their estate instead of a specific amount. Tom and Martha now rest easy knowing when they die, their plans will provide for the people and charitable work they love.

Next Steps

  1. Contact us with any questions that you may have at info@komencentraltennessee.org or at 615-383-0017.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Komen in your plans, please use our legal name and federal tax ID.

Legal Name: Susan G. Komen Central Tennessee
Address: 4009 Hillsboro Pike, Suite 209, Nashville, TN 37215
Federal Tax ID Number: 62-1671774

Estate Giving

You can support Susan G. Komen® Central Tennessee in a variety of ways, including through your estate. Including Komen Central Tennessee in your estate plan will not only assist you in reaching and achieving your own philanthropic and charitable giving goals, but it will also allow Komen to continue its mission.

There are many charitable planned giving options available to you. For example, you can make a planned gift to Komen by naming Komen as a beneficiary of your last will and testament, life insurance policy or retirement plan.

You can also name Komen Central Tennessee as a beneficiary of a charitable trust. Your attorney or financial adviser can advise you of the various types of charitable trusts and assist you in establishing a trust that is tailored to your personal needs.

Some of the above-mentioned planned giving strategies may have a greater tax benefit to you than others, so please consult with your attorney or financial adviser on which strategy would work best for you.

Gifts of Stock

Your broker can assist you in making a gift of stock via a direct transfer to Susan G. Komen® Central Tennessee. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.

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