The generosity of legacy donors helps ensure that The Friends of Chamber Music will continue to provide excellence in artistic programming for years to come. If you have arranged to make, or if you plan to make, a legacy gift to FCM, we ask that you inform us so that we can be sure to recognize you among the members of this honored group. Planned Giving sponsors of FCM are
- Acknowledge annually in the program book
- Invited to private social event each year, held at the home of a FCM board member
Please contact your attorney or financial planner for more information regarding any type of estate gift.
If you have questions about legacy giving or would like to speak to a staff member regarding your estate plans, please call Robin Jones at 816-561-9999.
Specifying in your will either a dollar amount or percentage of your estate that you want to go to The Friends of Chamber Music, while retaining the use of your assets during your lifetime.
Charitable Lead Trusts
Transferring assets to a trust that pays a yearly income to the Friends of Chamber Music for a specified number of years, and then returns the assets to you or your designated beneficiaries. The trust assets will not be included in your estate, thus providing income, gift, and estate tax benefits.
Gifts of Real Property
Donating your home or other real estate to the Friends of Chamber Music and receiving immediate tax benefits, even if you continue to live in your home. This keeps the property out of your taxable estate.
Transferring ownership of a paid-up life insurance policy to the Friends of Chamber Music and receiving an immediate tax deduction, as well as eliminating estate taxes at the time of your death.
Naming the Friends of Chamber Music as a beneficiary of IRA or other retirement plan assets, eliminating substantial estate and income taxes on these assets at the time of your death.
Naming Opportunities for Planned Gifts
Donors who make irrevocable* planned gifts may choose from a wide variety of Friends’ activities for naming during their lifetimes, including:
- education and outreach programs
- performance funds
- radio broadcasts
*Irrevocable planned gifts may include life-income gifts (such as charitable gift annuities and charitable remainder or lead trusts), life insurance policies, and gifts of real property. Bequests and other revocable planned gifts may also qualify for naming opportunities when the donor’s estate is settled and these assets are transferred to the Friends.