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Dominion Community Development Corporation
Planning · Legacy Giving

Plan a legacy
that keeps building.

A bequest can be one of the simplest ways to include Dominion Community Development Corporation in an estate plan while retaining control of your property during life.

Why consider a bequest?

A gift for the future, with flexibility today.

Dominion’s original Planning Overview highlights three potential benefits of charitable bequests.

01

Leave a lasting legacy

Create a charitable impact that reflects the values and community priorities you want remembered.

02

Consider your family plan

Charitable planning may help coordinate philanthropic goals with the way assets ultimately pass to family and other beneficiaries.

03

Potential estate-tax savings

Depending on the estate and applicable law, a charitable bequest may create estate-tax considerations that should be reviewed with advisers.

How it works

A bequest can be straightforward to arrange.

With the help of an attorney or other qualified adviser, your will or trust can specify a charitable gift to Dominion Community Development Corporation as part of your estate plan.

Already have an estate plan? Your attorney can advise whether a new will, trust amendment or codicil is appropriate for your situation.

01

Choose what you want to leave

A specific amount or asset, a percentage, the residue of your estate, or a beneficiary designation.

02

Work with your adviser

Have an attorney prepare or review the language and confirm how it fits with the rest of your plan.

03

Identify Dominion accurately

Use Dominion Community Development Corporation’s legal name, current address and Federal Tax ID 92-0430328.

04

Let Dominion know, if you wish

Sharing your intention is optional, but it can help the organization thank you and understand your charitable goals.

Your options

Four common ways to structure a legacy gift.

The original Dominion planning page presents these core approaches.

01

Specific amount or asset

Leave a stated dollar amount or identify a particular asset.

02

Percentage of the estate

Designate a percentage of the total estate rather than a fixed amount.

03

Residue or balance

Give all or a percentage of what remains after other specific distributions are made.

04

Beneficiary designation

Name Dominion as a beneficiary of certain retirement, investment, bank or insurance assets where appropriate.

Ready for the details?

Review the bequest information with your attorney.

The Bequest Language page includes Dominion’s identifying information, bequest types, sample frameworks and information about restricted gifts.

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