
Legacy Giving Society
Why Planned Giving?
Beyond providing for your loved ones, your will can be a tribute to the principles and values you have lived. Creating a will is the single most important step you can take to ensure your wishes will be carried out and is the best way to establish a legacy for the organizations whose work is closest to your heart.
Remembering Orange Literacy in your will with a bequest is the most common way to plan a future gift.
You may arrange for Orange Literacy to receive:
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A specific dollar amount
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Specific assets like securities
Your lawyer or advisor can help arrange a bequest to Orange Literacy, but here is some basic information to note for your planning:
Legal Name: Orange County Literacy Council, Inc.
Address: 307 W Weaver St, Carrboro, NC 27510
Tax ID#: 56-1433933
Here are two samples, showing the kind of language you or your advisor might use:
General Bequest
I give, bequest, and devise (dollar amount) to the Orange County Literacy Council, Inc. or its successor, now or formerly in the city, to be used for its general purposes.
Residuary Bequest
I give, bequest, and devise (all, or __ percent of) the rest, residue and remainder of the property, both real and personal, wherever situated which I may own or be entitled to at my death to the Orange Literacy of Carrboro, NC, 307 W Weaver St, to be used for its general purposes.
You can also make special beneficiary designations:
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On your IRA, 401K, banking or brokerage accounts
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Life insurance policies