Create a Legacy

Including WARM in your will or trust is a simple way to create a lasting legacy. You can leave a percentage, a specific amount, or the remainder of your estate after providing for loved ones. With guidance from an advisor, you can easily add WARM to your estate plan.

Donating appreciated stock or other property is a tax-wise way to support WARM. Your advisor can help you maximize tax benefits while making a meaningful impact.

If you're 70½ or older, you can transfer funds directly from your IRA to WARM, allowing you to give pre-tax dollars. For those 73 and older, this can also count toward your Required Minimum Distribution (RMD), reducing your taxable income.

Benefits of an IRA Charitable Rollover:

• Avoid taxes on transfers up to $100,000

• Satisfy your RMD for the year (if 73 or older)

• Reduce taxable income, even if you don't itemize

• Make a tax-wise gift that supports WARM's mission

A donor-advised fund is a simple way to support WARM both during your lifetime and through your estate plan. Notify your fund advisor of your intent to designate WARM as a beneficiary, and they will guide you through the process.

WARM can suggest language to ensure your gift has a lasting impact on our mission to serve those in need.

• Retirement Funds: Name WARM as a beneficiary of your IRA, 401(k), or 403(b) to make a charitable impact. Your advisor can guide you on current tax benefits.

• Life Insurance: Designate WARM as a beneficiary of your life insurance policy to turn a small action today into a significant future gift. Submit a beneficiary form to your insurance provider.

If you would like to ensure that your gift is used for a specific purpose, we would appreciate the chance to work with you and your attorney to craft language that will effectively accomplish your goals.

And we suggest including the following clause, to make sure that your gift goes to good use:
If the Westerville Area Resource Ministry (WARM) Board of Directors determines that it is impossible or reasonably impracticable to accomplish the specific purposes of this bequest, WARM may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the stated purpose.

If you are interested in learning more, attend our Estate Planning Seminar! We have partnered with Eques Law Group and FlahertyColvin Financial Consultants to provide a FREE and informative seminar covering estate planning basics (wills and trusts), and maximizing the financial impact of your legacy.

Our next seminar is: March 19th, from 6 - 8 pm at WARM. RSVP to Nicole Inboden at [email protected] to attend. We hope to see you there!

Is WARM already in your charitable estate plan? Is WARM named as a beneficiary of your retirement plan, life insurance, or other account? 

If so, we'd love to hear from you. Sharing your intentions will ensure your future gift will be used exactly as you envision.

For a confidential conversation about your plans, please contact our Director of Development and Communication, Jessica Schmitt.