Wills & Estate Giving:  Leaving a Legacy of Hope

You can support Komen Arkansas in a variety of ways, including through your estate. Including Komen Arkansas in your estate plan will not only assist you in reaching and achieving your own philanthropic and charitable giving goals, but it will also allow Komen Arkansas to continue its mission of fighting breast cancer in its community.

There are many charitable planned giving options available to you. For example, you can make a planned gift to the affiliate by naming Komen Arkansas as a beneficiary of your last will and testament, life insurance policy or retirement plan.

You can also name Komen Arkansas as a beneficiary of a charitable trust. Your attorney or financial advisor can advise you of the various types of charitable trusts and assist you in establishing a trust that is tailored to your personal needs.

Some of the above-mentioned planned giving strategies may have a greater tax benefit to you than others, so please consult with your attorney or financial advisor on which strategy would work best for you.

Below please find examples of specific language that you may use to name Komen Arkansas  as a beneficiary of your will, trust, life insurance policy, retirement assets, or other contractual gift. If you, your attorney or financial advisor has any questions, please do not hesitate to contact us by calling Komen Arkansas at 501-202-4399.

GIFTS UNDER A WILL The following language is an example of wording that may be used to name Komen Arkansas as a beneficiary of your last will and testament. You may either make a general or restricted gift to Komen Arkansas for education, screening, or treatment support. In addition such gift may be of a specific dollar amount or it may also be of a percentage of your estate. If you wish to make a restricted gift to Komen Arkansas please contact us at the phone number or email address above prior to finalizing your gift.

a. GENERAL TESTAMENTARY GIFT: SPECIFIC MONETARY AMOUNT: I hereby give and bequeath _______________________ Dollars ($__________________) to Susan G. Komen Arkansas®, of Little Rock, AR 72211 to be used for general purposes. In the event that Komen Arkansas is not in existence at the time of my death, then I hereby give and bequeath _______________________ Dollars ($__________________) to the national headquarters of Susan G. Komen®, of Dallas, Texas, to be used for general purposes in the former service area of Susan G. Komen Arkansas .

b. GENERAL TESTAMENTARY GIFT: PERCENTAGE OF RESIDUE OF ESTATE: I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to Susan G. Komen Arkansas®, of Little Rock, AR  72211 to be used for general purposes. In the event Komen Arkansas  is not in existence at the time of my death, then I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to the national headquarters of Susan G. Komen®, of Dallas, Texas, to be used for general purposes in the former service area of Susan G. Komen Arkansas.

c. RESTRICTED TESTAMENTARY GIFT: SPECIFIC MONETARY AMOUNT: I hereby give and bequeath _______________________ Dollars ($__________________) to Susan G. Komen Arkansas®, of Little Rock, AR  72211 to be used for [insert donor restriction]. In the event Komen Arkansas is not in existence at the time of my death, then I hereby give and bequeath _______________________ Dollars ($__________________) to the national headquarters of Susan G. Komen®, of Dallas, Texas, to be used for [insert donor restriction] in the former service area of Susan G. Komen Arkansas.

d. RESTRICTED TESTAMENTARY GIFT: PERCENTAGE OF RESIDUE OF ESTATE: I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to Susan G. Komen Arkansas®, of Little Rock, AR  72211 to be used for [insert donor restriction]. In the event Komen Arkansas is not in existence at the time of my death, then I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to the national headquarters of Susan G. Komen®, of Dallas, Texas, to be used for [insert donor restriction] in the former service area of Susan G. Komen Arkansas.

GIFTS FROM A TRUST  The following language is an example of wording that may be used in the event Komen Arkansas is named as a contingent beneficiary of a trust estate. Please keep in mind that such gifts may also be restricted and may be of either a specific dollar amount or a percentage of the trust estate.

[Insert contingency], the Trustee shall distribute ________________ Dollars ($__________________) to Susan G. Komen Arkansas®, of Little Rock, AR 72211, free and clear of trust, to be used for general purposes. In the event Komen Arkansas is not in existence at the time of this distribution, the Trustee shall distribute _______________________ Dollars ($__________________) to the national headquarters of Susan G. Komen®, of Dallas, Texas, free and clear of trust, to be used for general purposes in the former service area of Susan G. Komen Arkansas.

CONTRACTUAL GIFTS Komen Arkansas may be named as the beneficiary of an asset that passes outside the terms of a will or a trust (e.g. life insurance, IRA, 401(k)). In order to clarify the intention of the donor, the contractual instrument governing the asset should set forth the following as the official recipient of the gift:

Susan G. Komen Arkansas®, of Little Rock, AR 72211. In the event that Susan G. Komen Arkansas is not in existence, then to the national headquarters of Susan G. Komen®, of Dallas, Texas, for the benefit of the former service area of the Susan G. Komen Arkansas.

GIFTS OF STOCK Your stock broker can assist you in making a gift of stock via a direct transfer to Susan G. Komen Arkansas. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash.  Your charitable income tax deduction may be equal to the fair market value of the stock and you could avoid paying the capital gains tax on any increase in the current value over the original cost of the stock.  You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.

Please call our local affiliate at 501-202-4399 to inform us of your intent to donate stock.  We want to properly acknowledge your gift and forward information regarding tax deduction.

Mailing Address: Susan G. Komen Arkansas 904 Autumn Road, Suite 500 Little Rock, AR  72211

GENERAL INFORMATION Below please find some general information that may be beneficial to you in finalizing your estate plan.

Legal Name: [Susan G. Komen Breast Cancer Foundation, Arkansas] d/b/a [Susan G. Komen Arkansas Incorporation Details: • 501(c)(3) organization, classified as a public charity, exempt from federal income tax • Arkansas non-profit corporation