Wills and Estates
After your provide for your loved ones, you may wish to include a provision in your will or trust to leave a gift to the children of Red Cloud Indian School. Your gift will help keep the doors open and the lights on for more than 600 Lakota boys and girls for generations to come. Gifts through wills and estates are popular because they are both easy to arrange and can be changed at any time. Your gift can include cash, securities, real estate or other property, and may be identified specifically, as a percentage of your entire estate or as the part of your estate that remains after specific bequests have been fulfilled.
Tax savings for you
- Your charitable gift to Red Cloud is free from federal estate tax and may significantly reduce taxes assessed against your estate. This means that Red Cloud will be able to use the full amount of the gift, whereas gifts to others may be substantially reduced by taxes imposed.
How to leave Red Cloud in your will
- Making a new will—or changing your current will—should be done with the assistance of an attorney.
- Jane Farrell, director of donor relations, can provide assistance to you or your attorney. Call her at 605/867-1105, ext. 2301, or email rcgiving@redcloudschool.org.
- You will need to include specific language noting your wish to leave the children of Red Cloud in your will. Here is some sample language:
- Outright gift of a specific sum of money: “I give to Red Cloud Indian School, Inc. the sum of $_________.”
- Outright gift of a share of residuary estate (after payment of all debts, expenses and other legacies): “I give, devise and bequeath to Red Cloud Indian School, Inc. all (or a percentage) of the rest, residue and remainder of my estate.”
For more information, please contact Jane Farrell, director of donor relations at 605/867-1105, ext. 2301 or rcgiving@redcloudschool.org.