Dear friend,
We deeply appreciate your interest in donating to Unity Community of Ashland through your estate planning.
Planned gifts may include bequests designated in a will or living trust as well as life income gifts.
By supporting Unity Community of Ashland in this manner, you are creating a legacy to support the thriving community that is dear to all of us.
Why Plan
Having an estate plan in place ensures that your agents and loved ones know your wishes and saves them the stress of costly court proceedings.
With a valid will or trust, you can choose who gets your property, name guardians for your minor children, provide a home for your pets, and more.
If you do not designate who (individual/s) or what (charity) in your estate plan, your assets, by default, will come into the possession of the government. Depending on how a will is written, state law will dictate how assets are distributed. This is known as probate and is a costly and time-consuming process to finalize the distribution of your assets to your loved ones. It is also possible that unintended individuals receive your assets.
Taking some time to create a legal estate plan will ensure that your wishes for the distribution of your assets are followed appropriately.
information. Your agents and loved ones know your wishes.
Save. the people and organizations that matter most to you and how you would like to provide for them.
Getting Started
Gather information about your assets including bank accounts, retirement funds, properties, and possessions.
Think about the people and organizations that matter most to you and how you would like to provide for them.
Decide who you would like to serve as the executor or trustee of your estate.
Beneficiary Designation
Beneficiary is the legal term for someone who will inherit specific assets from you.
Designating a beneficiary is a very personal decision. It is helpful to make a list of people and organizations that are dear to you and then consider how to divide your assets amongst them.
You may consider naming Unity Community of Ashland as a beneficiary in any or all of your assets such as:
- checking and savings accounts
- qualified retirement plans
- life insurance policies
- brokerage accounts
- real estate
Depending on the plan, Unity Community of Ashland can be named as one of three types of beneficiaries:
Primary. The person or charity/organization that is firt in line to receive your assets.
Contingent. If the primary beneficiary is deceased or is unable or unwilling to receive your assets, the contingent beneficiary is the secondadry or “back up” beneficiary and will then receive your designated assets.
You will need the following information to name UCOA as a beneficiary:
LEGAL NAME:
Unity Community of Ashland
LEGAL ADDRESS:
1467 Siskiyou Blvd. #162
Ashland, OR 97520
EMPLOYER IDENTIFICATION NUMBER (EIN):
93-3638588
Next Steps
Two methods for proceeding with estate planning are meeting in-person with an attorney or using an online tool in your own time and at your own pace.
Hire an attorney. Meeting with an attorney will help organize and complete your estate planning. Aside from legal advice from someone familiar with your situation, an attorney can get into details of estate law and help create a plan customized to suit your needs.
Online Tool. You can also start your estate planning for free by using an online tool such as FreeWill. Creating a will with this tool only takes 20 minutes, and you can update your documents at any time if your plans change.