Your gifts will fund our future
Retirement and estate planning are not activities we as women put high on our “to do” lists. We’re too busy taking care of today’s demands to worry about the future. Why should we plan for retirement? Because statistics and personal experience tell us that women live longer than men and we find it necessary to provide for our own care. Whether a woman is single, not yet married or previously married, it is important to have some knowledge about estate planning.
Planning our lives now leaves us time and energy to enjoy our retirement years.
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Planned giving for women questions
This is the best time to start thinking about your future. Do you want to spend your retirement years on a beach somewhere or living with your children? A careful plan now can assist you in accomplishing your dreams.
From about the age of 45, we realize that we are accumulating assets and begin to wonder if there are better ways to manage them. In the years before retirement age, we find ourselves reaching the peaks of our careers, educating children and caring for children and parents (the “sandwich” generation). Our preoccupation with children and parents at this time makes us start thinking about how we ourselves will retire one day. Visions of travel, meaningful volunteer service, making a difference in our community, long afternoons with a good book, or other ways we’d like to spend our free time cause us to think about funding those plans â€” not to mention food, shelter and healthcare. A charitable gift annuity with the Sisters of Providence can assist you in making those plans while giving you some tax benefits.
90 percent of women spend at least part of their adult lives as single women, usually at the ends of their lives. As a result of the funds left to women as a result of their spouse’s death, financial decisions for the future are now imperative. A gift to the Sisters of Providence can help with tax consequences of selling your home and inherited funds while providing you with quarterly income.
There are 5 basic steps to creating an estate plan:
- Inventory your assets.
- Determine your objectives and decide how you wish to distribute your property.
- Seek financial and legal counsel.
- Prepare the necessary legal documents, including a will.
- Review your estate plans periodically, especially when circustances change (marriage, children, death, divorce).
We are here to help and would be happy to meet with you or your financial or legal advisor about a planned gift to the Sisters of Providence.
For additional information on financial planning for every phase of a woman’s life, please contact:
Planned Giving Manager
Office of Congregational Advancement
1 Sisters of Providence
Saint Mary-of-the-Woods, IN 47876
Phone:Â (812) 535-2811
Fax:Â Â Â Â Â (812) 535-1009
Available Brochures include:
- Estate and Charitable Planning for Today’s Woman
- Planning Your Will: Insights and Options
We urge all donors to consult with your financial and legal advisors for a full discussion of implications of any planned gift.
The Sisters of Providence keep all benefactors, constituents, alumnae/i and companions in daily prayer.