OLLI at UAH - Legacy Giving

LEAVING YOUR LEGACY WITH OLLI AT UAH There are many reasons why you might think of leaving a legacy gift to support OLLI at UAH. Most reflect on their own sense of value in the program and the desire to leave a sustaining legacy behind. Planned giving also provides an opportunity to leave a gift that otherwise might be impossible to give, especially for those on a fixed income.

Planning for Growth OLLI at UAH continues to grow. Balancing challenges of growth while retaining a feeling of togetherness and continuing to attract outstanding instructors, volunteers, and active members are core values we must maintain.

Your gift will help us reach our goals: • Keeping membership and term registration fees affordable • Ensuring adequate classroom space • Upgrading technology • Offering a wide range of high-quality educational programs

Benefits: • Leave a legacy for lifelong learning • Retain control of your assets during your lifetime • Modify your bequest to address changing circumstances • Direct your bequest to a particular purpose • Reduce or avoid potential estate taxes through your bequest • Become automatically enrolled in the UAH Richardson Shaver Thrasher (RST) Society

Ready to Get Started?

The UAH Advancement office has specialists available to explain and assist you with Legacy planning. Please contact us today or visit us online.

UAH Foundation Office of Development, SKH Third Floor 301 Sparkman Drive, Huntsville, AL 35899 Phone: 256.824.GIVE E-mail: uahadv@uah.edu UAH.edu/giving

Leave a Legacy for

LIFELONG LEARNING

WAYS TO GIVE Will or Living Trust A charitable bequest requires just a few sentences in your Will or Living Trust and can be modified throughout your lifetime as circumstances change. To initiate your gift, share this recommended wording with your estate planning attorney:

Legacy Giving Information For over 25 years, Osher Lifelong Learning Institute (OLLI) at UAH has provided our community intellectual programs and social interaction for adults 50+ through a variety of courses, special events, social activities, travel, and volunteer opportunities. OLLI at UAH is strong and vibrant, but our long-term financial stability is dependent on the generosity of private donors. The nonprofit organization is self-supporting, with the goal of raising approximately one-third of its funds from private sources, one-third from the annual interest of the Bernard Osher Endowment, and the remaining funds from OLLI membership fees and tuition.

A meaningful way to help provide OLLI at UAH’s longevity is to leave a legacy for lifelong learning. You can ensure the program you care deeply about will be around for lifelong learners through the ages by making a planned or estate bequest.

“I give ($___) or (___ percent of my estate) to the University of Alabama in Huntsville Foundation, a non-profit corporation in Huntsville, AL, to benefit the Osher Lifelong Learning Institute at UAH”.

Retirement and Life Insurance Beneficiaries Name OLLI at UAH (UAH Foundation) as a beneficiary of your retirement account or life insurance plan assets by contacting your plan administrator for a change-ofbeneficiary form, and include the following new beneficiary designation:

UAH FOUNDATION f/b/o Osher Lifelong Learning Institute 301 Sparkman Drive Huntsville, AL 35899 Federal Tax ID#: 63-6048099

Your Gift

Bequest In Will

Gift of Retirement Plan Assets

Gift of Life Insurance

Your Goal

Defer a gift until after your lifetime.

Eliminate the income and estate tax on IRAs or other retirement plans.

Make a large gift with little cost to yourself.

How You Make the Gift

Name OLLI at UAH (UAH Foundation) in your will or living trust.

Designate a specific amount, percentage, or share of the residue.

Name OLLI at UAH (UAH Foundation) as the beneficiary of your retirement account after your lifetime.

Name OLLI at UAH (UAH Foundation) as the owner and beneficiary of your life insurance policy.

Your Benefits

Control of your assets during your lifetime. The donation is exempt from federal estate tax.

Make the gift from the most highly taxed assets, leaving better assets for family.

Current income tax deduction. Possible future deductions through gifts to pay future premiums.

If you have questions, contact Ale Pacheco–Ale.Pacheco@uah.edu, 256.824.6183.