Crafting Your Legacy

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Have you ever stopped to think about how you will be remembered when you pass away?  Honestly, I just hope that someone shows up to my funeral.  Well, there is a simple way to help your loved ones smile when they remember you.

Create your estate plan…

better yet, Craft Your Legacy!

Living in America means that we are among the wealthiest people in the world.  Does that mean we all have large, complicated estates?  No.  But it does mean that most of us have some assets that we’ll want to make sure we get to the right people or organizations when we pass away.

Did you know that the State of South Dakota has an estate plan for you?  If you don’t have a plan in place, the state will distribute your assets as they see fit.  Wouldn’t you rather make those decisions yourself? 

I like to tell people that when you pass away, your assets could end up in three different buckets:  Government, Family or Charity.  What most people don’t realize, is that they get to pick two of these buckets.  Now, if you want everything to go into your “family” bucket, that is your choice, but then the Government will choose your second bucket (through taxes).  Wouldn’t you prefer to have your second bucket be your favorite charities, rather than the government? 

If you are willing to consider charity for your second bucket, you can Craft Your Legacy so you will be remembered in very special ways.

The South Dakota Community Foundation has conversations with people regarding their legacy on a regular basis.  We are not like most nonprofits where we are regularly soliciting gifts to cover operational costs or special projects.  Our goal is to help you Craft Your Legacy.  That Legacy could include your own charitable fund at the South Dakota Community Foundation.  However you choose to Craft Your Legacy, we are here to help.

Please contact the South Dakota Community Foundation to start the conversation on how you can best Craft Your Legacy.

Merry Christmas,

 

Jeff Veltkamp
Director of Development
South Dakota Community Foundation