Share your passion for the arts and help ensure a vibrant cultural future in the wesstern suburbs by including ECPA in your estate plans. Here are a few simple ways to make a lasting impact:
Bequests through Your Will or Living Trust
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Include ECPA as a beneficiary in your will or trust
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Choose to give a specific dollar amount, a percentage of your estate, or a particular asset (such as stock or property)
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Consult your attorney to incorporate your gift and honor your legacy of support for the arts
IRA or 401(k) Beneficiary Designation
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Name ECPA as a beneficiary of your retirement account
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Reduce tax burdens on your family, as retirement accounts are often subject to both estate and income taxes
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ECPA, as a registered 501(c)(3) nonprofit, is exempt from federal estate taxes
Qualified Charitable Distributions (QCDs)
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If you’re age 70½ or older, you can make a tax-free donation directly from your IRA today
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This gift counts toward your required minimum distribution without increasing your taxable income
ECPA is a 501(c)(3) nonprofit organization. Gifts made through your estate can support the arts for future generations while offering meaningful tax advantages.
This overview is for informational purposes only. Please consult your financial or legal advisor to explore the best options for you and your family.
For further information on how ECPA can be included in estate planning, please contact Shawna Roubitchek, Managing Director at 224-283-7889 or email ecpaelmhurst@gmail.com.