CDEL’s Legacy Gift Circle

If you decide to include CDEL in a bequest or other planned gift, we hope you will let us know. Anyone who includes CDEL into their estate plans will be warmly welcomed and recognized as a part of CDEL’s Legacy Gift Circle. We would love to meet you!

Please click the button below to add in your information so you can be recognized and added into our Legacy Gift Circle.

Wills and Living Trusts:

To include CDEL in your will or living trust, we suggest using the following language for your legal counsel to include in your estate planning documents.

I give ___________ (specific amount or property, percentage, or residual) to the Center for Disability and Elder Law, Inc., 205 W. Randolph, Suite 1610, Chicago, IL 60606 for the purposes of supporting its legal aid programs. EIN #36-3203809.

Donors may choose to name the Organization as a beneficiary in their wills or trusts and direct that a specific amount or portion of their assets at death be transferred to CDEL.

CDEL can be named as a beneficiary in the following ways:

• Primary beneficiary: (i.e., receives assets after the donor’s debts have been paid.)

• Residuary beneficiary: (i.e., receives assets after donor’s debts have been paid and primary beneficiaries have received their designated assets.

Contingent beneficiary: (i.e., receives assets only if no primary or secondary beneficiary is able or willing to receive their designated assets.)

Charitable gifts via wills and trusts entitle the donor to an estate tax deduction at the death of the donor.

Life Insurance:

Do you have a life insurance policy that you purchased for a need that no longer exists? Consider giving the policy to CDEL. Donating a life insurance policy allows you to make a transformative gift because CDEL will receive the entire face amount of the policy upon the death of the insured. For upper-income taxpayers, the gift can help lower estate taxes.

Retirement Assets:

The donor can name the Organization as the beneficiary of their retirement account, which would pass to the Organization at the donor’s death without first incurring income tax, allowing for a larger gift. During life, the donor may also withdraw and gift funds from the retirement account or gift their required minimum distribution. These funds would be subject to income tax, but the donor may receive a charitable income tax deduction.

Donor Advised Funds

If you don’t have the resources to establish a private family foundation, creating a donor-advised fund through a financial institution can be the next best thing. Donate cash, public and private stock, even cryptocurrency into a donor-advised fund and direct the proceeds to the charities of your choice. This fund can provide more immediate income tax deductions as well as potentially reduce your capital gains taxes and estate taxes.

Charitable Remainder Gifts

A charitable annuity gift helps to sustain CDEL’s work and to benefit your loved ones. CDEL would receive a regular payment, or annuity, based on the value of assets transferred to the annuity for a period not to exceed 20 years. At the end of the annuity period, your designated beneficiaries would receive the remaining assets. Depending on the terms of the annuity, the donor may be entitled to either a charitable income or estate tax deduction.

Please consider making a recurring gift to CDEL. Whether its, monthly, quarterly, or annually, know that your commitment to CDEL will help us plan for the future and help even more clients get the legal assistance they need.

If you have any questions or issues with this donation form, please email Alyssa York, CDEL’s Development Assistant, at ayork@cdelaw.org.