Make Your Wishes KnownOver the years, you have probably signed a number of important documents, including mortgages, deeds and insurance policies. But if you are like many Americans, you may not have completed the most important legal document you may ever sign—your will.

Exercise your rightsThe right to decide who should

eventually receive your property at the end of your lifetime is an important responsibility. The “last will and testament” makes it easier to exercise that right while assuring that your wishes are fulfilled.

Your will allows you to provide heirs with particular sums of money, certain properties or a percentage of your estate. For instance, you may choose to leave particular amounts or property to certain heirs and have others receive the remainder of your estate in percentages you determine.

Make charitable giftsYour will can also be a wonderful

way to make meaningful gifts to charitable organizations you wish to continue to support beyond your lifetime. After first making provisions for family and other loved ones, you can name your favorite nonprofit organizations, such as Urology Care Foundation, to receive all or part of the remainder of your estate.

Seek professional adviceBecause your will is such an

important document with many options available, it is wise to seek the advice of a competent attorney. An accountant, life insurance professional or financial planner may also be helpful.

Please continue reading for more information about making plans to secure the future for your loved ones and the charitable organizations you wish to support.

The Urology Care Foundation is focused on funding urologic research in support of innovative treatments to improve the quality of patients’ lives.

LegacyGift and Estate Planning Ideas for Securing the Future

• 10 steps to an effective estate plan • More ways you can support UCF

Inside: Summer 2015

10 Steps to an Effective Estate PlanHaving a proper will and other estate plans in place can be one of the most satisfying accomplishments in your life. Your wishes should be expressed clearly and concisely, leaving no room for confusion.

Begin hereProcrastination may be the greatest threat to

your future security and that of your loved ones. These steps can help you gain control of the planning process:

1. List the people you wish to remember.

2. Decide how you want your property distributed among them.

3. Appoint a guardian for any minor children.

4. Name an executor (or personal representative) to handle the settlement of your estate.

5. Consider a living trust.

6. Make an appointment with your attorney.

7. Have a valid, up-to-date will prepared.

8. Plan for incapacity.

9. Review beneficiary designations of life insurance and retirement plans.

10. After providing for loved ones, remember those charitable organizations you care about and want to support, such as Urology Care Foundation.

Start todayThe relatively short amount of time needed to

create an estate plan seems even smaller when you consider the benefits. Through careful planning, you may find you can meet a variety of personal and family needs while making special charitable gifts. Discover the peace of mind that can come from knowing that you have recorded your wishes for the future.

Please let us know if we can help you and your advisors as you consider the charitable dimension of your plans.

2

Vital research in the treatment of urologic diseases is made possible by your generous gifts.

More Ways to Support Urology Care FoundationIn addition to gifts in your will or trust, there are a number of other ways to include UCF in your estate plans. Here are some of the most popular:

1. Make UCF the Beneficiary of a Retirement Plan. When you leave the

balance of an IRA or 401 (k) to your heirs, they inherit a taxable asset, which can reduce the size of your gift. You can simplify matters for your loved ones by directing all or a portion of what remains in your retirement accounts to UCF and/or other charities, leaving other, more tax-favored assets to your heirs. Check with your plan administrator to update your beneficiary designations.

2. Turn Unneeded Life Insurance into a Charitable Gift. You can also make UCF

the beneficiary of life insurance policies without changing your will. As your financial and family circumstances have changed over the years, you may have life insurance policies that are no longer needed for their original purposes. Such policies can make wonderful charitable gifts.

3. Trust Arrangements Allow You to Give and Receive. Trusts can prove helpful

in saving taxes, managing and/or distributing property, especially if the intended recipients are minors or others who are inexperienced in handling their own financial matters. Trusts can also be used to provide income to you or a loved one for a period of time in a tax-wise way, while ultimately resulting in a gift to UCF.

4. Arrange an Income for Life. Charitable gift annuities are a wonderful way to make

a meaningful gift to UCF while helping you take care of yourself or a loved one. In addition to immediate tax benefits, you and/or someone you

choose can receive fixed payments for life. The rate of payment is based on age, so generally the older you are, the higher the payment you receive. It can be a great way to provide retirement income or to support parents or other loved ones.

If you would like to learn more about any of these giving options, please contact Wendy Taylor, major gifts and planned giving manager, at 410.689.4034 or via email at wtaylor@auanet.org.

The purpose of this publication is to provide general gift, estate, and financial planning information. It is not intended as legal, accounting or other professional advice. For assistance in planning charitable gifts with tax and other implications, the services of appropriate advisors should be obtained. Consult an attorney for advice if your plans require revision of a will or other legal document. Tax deductions vary based on applicable federal discount rates, which can change on a monthly basis. Some opportunities may not be available in all states. ©MMXV RFSCO, Inc. All Rights Reserved. NNNPDF-15

Patients can find the information they need to make informed decisions about treatment and care.

3

A Wonderful Legacy GiftAdam Tigelman was born in Akron, Ohio on September 3, 1925. Like many young men in those times, he left school at the age of 17 to join the U.S. Navy at the start of World War II. He proudly served in various theaters throughout the war, eventually retiring from the Navy in 1967 as a Chief Petty Officer.

He then went to work as a civilian at the Great Lakes Naval Station near Chicago. He led a quiet life, enjoying golf and traveling. Adam never made a lot of money but he was frugal with what he had and he invested wisely.

Adam was diagnosed with prostate cancer later in his life. His research on the disease led him to the Urology Care Foundation’s resources, where he learned more about the disease and its treatment. Adam underwent successful surgery without residual effects.

Adam’s belief in the Foundation’s mission to advance urologic research and education to improve patients’ lives was such that he created a trust to benefit the UCF. We are grateful for his gift and honored that he included us in his estate plan.

Adam Tigelman passed away on August 27, 2014 and is buried at Arlington National Cemetery.

If you would like information about ways you can include the UCF in your estate plans, please return the enclosed card or contact Wendy Taylor at the number below.

Adam from his days in the Navy (1942-1967)

4

Wendy TaylorMajor Gifts and Planned Giving ManagerUrology Care Foundation1000 Corporate Blvd. • Linthicum, MD 21090Office: 410.689.4034 • Mobile: 480.737.0751wtaylor@auanet.org