Estes Valley Legacy

Name the ENN as the beneficiary of your financial investments — the easiest way to give to the Estes Nonprofit Network.

You can name the Estes Nonprofit Network as the transfer-on-death beneficiary of a number of different types of assets, including retirement accounts, life insurance policies, certificates of deposit (CD’s), bank accounts, brokerage accounts, and real property.

These estate plans are a meaningful part of your estate. It takes just a few sentences to set up a gift. If you don’t have a will, you can create one by hiring an attorney or by using a low-cost or free online service. You can change your beneficiary later if you wish to do so.

Definitions of different kinds of gifts:

• A general bequest leaves ENN a gift of a stated sum of money in your will or trust, typically marketable stocks or cash.
• A residuary bequest leaves ENN of a percentage of the “rest, residue and remainder” of your estate after other bequests, debts and taxes have been paid.
• A specific bequest leaves ENN a specific dollar amount or stated fraction of your estate or a specified gift of property.
• A contingent bequest leaves ENN with a stated share of your estate, only if a spouse, partner, family member or other beneficiary does not survive you.

If you already have a will and would like to change it to leave the Estes Nonprofit Network a gift, an attorney can set up a simple codicil without having to write an entirely new will.

Ask your insurer or investment firm for a beneficiary designation form, then complete and submit the form. Beneficiary forms often are available online.

Please confer with Cato Kraft [make live link], Executive Director, regarding the ENN’s Gift Acceptance Policy. It’s possible!