It is a surprising fact that the majority of Americans have not yet formalized their estate plans through a will or trust. Yet, the state in which an individual lives at the time of their death has its own default plan for those without a will. For this reason, it is important to express, in your own terms, your needs and desires for yourself and those close to you.
You can play an important role in guaranteeing the Chicago Humanities Festival’s future by including the CHF in your estate plan or will, while ensuring that the world-class humanities programming that you have come to expect from the CHF will continue for generations to come. This gift, or bequest, may include property, securities, or cash. It may be a specific dollar amount, a percentage of the estate, or a remainder after other distributions have been made. Bequests are distributed at an estate’s settlement, have no impact on your current assets, and are often fully deductible for estate tax purposes.
As with other types of gifts, planned gifts can be used to endow a lectureship or support programs in a specific area of interest such as history, literature, theater, architecture, or visual art.
If you would like to learn more about planned giving, or if you are interested in making a planned gift to the CHF and would like to be credited in CHF publications for your intentions, please call us at .
