Leave a Legacy Gift to Support the Children of El Paso
By including the Lee & Beulah Moor Children’s Home in your estate plans, you can leave a lasting impact on the children and families we serve. Through a planned gift, you ensure that the Home’s mission of providing hope and stability will continue for future generations. Your generosity helps sustain our vital work and secures a brighter future for those in need.
Ways to Include Lee & Beulah Moor Children’s Home in Your Estate Plan
Beneficiary Designation of Insurance or Retirement Plans
Designating Lee & Beulah Moor Children’s Home as a beneficiary of your insurance policy, annuity, or retirement plan is an effective way to contribute. This type of gift comes directly to us, bypassing probate and providing immediate support for our programs.
Bequests Through Your Will
An estate includes more than just real estate – it encompasses all assets, from property and investments to cash, life insurance, and retirement plans. Your estate may be larger than you think, and a bequest to Lee & Beulah Moor Children’s Home can significantly contribute to our future success. If you’ve already included us in your will, we encourage you to let us know so we can plan accordingly. We’ll also work with you to ensure your gift reflects your wishes.
Reasons to Make a Bequest
A charitable bequest is an impactful way to support Lee & Beulah Moor Children’s Home and helps ensure that our mission continues to flourish. Here are a few reasons why a bequest might be right for you:
- Simple and straightforward to arrange.
- No immediate impact on your assets or cash flow.
- Flexible and revocable, allowing changes if necessary.
How to Make Your Bequest
A bequest can be made in a variety of ways, depending on your preferences:
- Specific Bequest: “I bequeath [amount or asset] to Lee & Beulah Moor Children’s Home, a Texas nonprofit corporation located in El Paso, TX.”
- Residuary Bequest: “I bequeath [percentage] of the residue of my estate to Lee & Beulah Moor Children’s Home.”
- Contingent Bequest: “If [name] does not survive me, I direct that [amount or asset] be paid to Lee & Beulah Moor Children’s Home.”
Restricted or Unrestricted Bequests
You can choose to restrict your bequest for a specific purpose, such as a program or need at Lee & Beulah Moor Children’s Home. Alternatively, you can leave your bequest unrestricted, allowing us to apply it where it’s most needed. For the greatest flexibility, we recommend making unrestricted bequests, but we’re happy to consult with you on any specific intentions.
Tax Benefits of Bequests
Bequests to Lee & Beulah Moor Children’s Home are tax-deductible from your estate, reducing both estate and inheritance taxes. Additionally, they can fund charitable trusts, which may offer additional tax advantages.
Getting Started with Your Bequest
We encourage you to explore your estate planning options and make a gift that reflects your values. To learn more about how to include Lee & Beulah Moor Children’s Home in your estate plans, please contact Renee Tanner, CEO, at 915-544-8777 ext. 235. There is no obligation to give when you inquire, and we are here to assist you every step of the way.
