Leave a Legacy


We make a living by what we get; we make a life by what we give.
– Winston Churchill

Join the SBEF Legacy Society

If you care deeply about public education, thoughtfully structured planned gifts can help you make meaningful contributions to the Santa Barbara Education Foundation while meeting personal planning goals. There are many ways to leave a legacy gift to SBEF:

A bequest in your will or living trust The simplest way to provide for public education in your estate plans is through a simple bequest in your will or living trust, designating the Santa Barbara Education Foundation as the beneficiary of a specific dollar amount, a percentage of your estate, the residue of your estate, or some item of real or personal property.

Insurance policy or retirement assets You may also name the Santa Barbara Education Foundation as the beneficiary of an insurance policy, or the beneficiary of all or a portion of your retirement assets, such as an IRA. You only need to complete the beneficiary form provided by your insurance company or the custodian of your IRA or other retirement pension. Whereas your heirs will have to pay both income and estate tax on any retirement assets you leave them, a charity like the Santa Barbara Education Foundation will benefit from 100% of the value of your gift because we are tax exempt. The Legacy Life Giving Program is one program you might want to choose that helps people make a big difference in the world today by turning small donations into big donations through life insurance policies.

Charitable gift annuities and charitable remainder trusts These types of gift can provide lifetime income to you and your spouse, at rates significantly higher than CD’s, and are more secure than the volatile stock market. Such irrevocable gifts also provide you with an income-tax deduction now. We can put you in touch with a planned giving expert who will answer your questions and provide complimentary projections detailing the benefits to you of a life-income gift.

To discuss these opportunities further or to request recommended bequest language to share with your attorney, please call (805) 284-9125 or email Margie [at] santabarbaraeducation.org.

 

Leave a legacy to public education in Santa Barbara by remembering the Santa Barbara Education Foundation in your estate plans.

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