LEGACY GIVING PROGRAM
LEGACY GIVING PROGRAM
Leave a lasting impact by including OCYAK in your estate planning.
Legacy Gifts
- Ensure future generations benefit from your generosity.
Making a legacy donation to the Orthodox Christian Youth Association of Kenya (OCYAK) involves including OCYAK in your estate planning. Here are the steps you can take to make a legacy donation:
- Consult with Your Legal Advisor: Begin by discussing your intentions with your legal advisor or estate planner. They can help you understand the options available for making a charitable gift through your will or estate plan.
- Decide on Your Gift: Determine the type of legacy gift you wish to make to OCYAK. This could include a specific amount of money, a percentage of your estate, or other assets such as securities or property.
- Include OCYAK in Your Will or Trust: Work with your legal advisor to draft or update your will or trust document to include OCYAK as a beneficiary. Specify the amount or type of gift you intend to leave to OCYAK.
- Specify Purpose (if desired): If you have specific preferences for how your gift should be used by OCYAK (e.g., to support youth education programs or community service projects), you can include instructions in your will or trust.
- Inform OCYAK: Once your estate plans are updated, consider informing OCYAK about your intentions. This allows OCYAK to express gratitude and ensure they understand your wishes.
- Review and Update: Periodically review your estate plans to ensure they reflect your current intentions and circumstances. Estate laws and personal situations can change over time, so regular updates may be necessary.
- Seek Tax Advice: Consult with a tax advisor to understand the potential tax benefits of making a legacy donation to OCYAK. Charitable gifts made through estate planning may offer tax advantages for your estate.
- Legal Formalities: Ensure that your legacy donation meets all legal formalities and requirements in your jurisdiction to be valid and enforceable
By following these steps and seeking appropriate professional advice, you can ensure that your legacy donation to OCYAK supports the organization's mission and has a lasting impact on Orthodox youth in Kenya.
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