We can assist you and your clients with planned giving options that allow flexibility with the distribution of their philanthropic desires in their estate planning. By including standard language in their will or trust legal documents, they can designate a named fund at Long Beach Community Foundation which is funded at the time the will or trust is executed. We will establish the necessary documentation at the Foundation to outline their philanthropic intent – documentation that can be updated as desired at no cost to the donor.
Several options are available for the types of funds donors can use in their estate planning and planned giving. Factors in determining the most appropriate type include whether funds are currently available or are dependent on settlement of the estate, beneficiary payout, or the like; and the donor’s intent for the fund.