Through planned gifts, donors may be able to realize tax or financial advantages or can contribute substantial one-time gifts. The Sig Tau Foundation works closely with financial experts and attorneys to ensure that the wishes of donors and their families are fulfilled. Whether you would like to support Sigma Tau Gamma today or benefit your Fraternity after your lifetime, the Sigma Tau Gamma Foundation is available to assist you in finding a plan that lets you provide for your family and support our fraternity at the same time.
Donors making planned gifts to Sigma Tau Gamma are recognized as members of the Hembree Guild, named in honor of W.T. “Bill” Hembree, Pittsburg State. Brothers in the Hembree Guild have impacted the Fraternity through estate planning that includes:
- Life insurance policies
- Retirement plan assets
- Charitable IRAs
- Property and real estate
- Stocks and securities
Take a closer look at some planned giving resources that might be helpful to your planning.
Making a provision in your will for the Foundation is a simple process. You can leave a specific asset or amount, a percentage of your estate or the remainder of your estate after you have taken care of other beneficiaries. Also, you may leave your bequest unrestricted or designate it for a specific use. The appropriate wording for making a gift depends upon the type of gift, state law, and your own unique circumstances. The following will provision is an example of how you may designate your gift. Consult an attorney to be sure you have a properly drafted legal document.
I, [name], of [city, state, zip], give, devise and bequeath [percentage of estate remainder, written amount or description of property] to the Sigma Tau Gamma Foundation.
Perhaps you have already included a bequest to Sigma Tau Gamma in your Will, but are you aware that you have options that can produce substantial tax savings in your lifetime as well as reduce or eliminate the taxes on your estate.
Financial planning instruments, such as charitable gift annuities, charitable remainder trusts, and charitable lead trusts, can help ensure that your assets pass to those people, institutions and causes that mean the most to you. There is no single strategy that is right for everyone, so consult with your financial advisor and decide how your gift to the Fraternity or the Foundation also can satisfy your estate planning priorities.