The easiest and most popular way to leave a legacy is to designate The LAM Foundation as a beneficiary of your will or living trust. The process is easy and can be as simple as adding:   "I bequeath $__________ or __________% of my estate to The LAM Foundation, 4520 Cooper Rd. Suite 300, Cincinnati, OH 45242" to the document. You can modify your bequest at any time and gifts are tax-deductible to your estate.

If you do not have an up-to-date plan in place, you can create your legal will or trust for free using this trusted resource from our partners at FreeWill, which makes it simple to start your legacy through a planned gift for The LAM Foundation in a few minutes online.

If you would prefer to finalize your will with an attorney, you can also save time with your lawyer by using FreeWill to document your wishes first.

You can gift assets from an IRA, 401(k), or other retirement plan by naming The LAM Foundation as a beneficiary. The process is simple - contact your plan administrator, or bank, for a beneficiary designation form.  You will need to provide The LAM Foundation's tax ID: 31-1438001 and mailing address - 4520 Cooper Rd., Suite 300, Cincinnati, OH 45242.  

You can also donate the income/disbursements during your lifetime to reduce your tax burden.  For those over 70 and a half, you can make contributions directly from your IRA.

When you name The LAM Foundation as the beneficiary of your life insurance policy you make a much larger gift than you may otherwise be able to afford.  If you currently have an ancillary insurance policy that is no longer needed, it can be gifted to The LAM Foundation, allowing for an immediate tax deduction.

Donating stock is simple and will not impact your current cash flow. You receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer or a reduction in tax burden of the estate.

Because each mutual fund company has its own protocol, please have your broker contact The LAM Foundation’s representative: Kathleen Eggers, Morgan Stanley Smith Barney at (800) 328-2802 or (425) 453-3480, Fax: (425) 453-5802.

If you own your home and wish to remain living there, you may transfer ownership to The LAM Foundation while retaining the right to use it during your lifetime. This can provide a significant tax deduction.

You will continue to benefit from these assets during your lifetime, and the remaining balance will roll to The LAM Foundation upon your passing. Receive a tax deduction for the charitable gift portion of the annuity.