Planned Giving Wills A bequest--making a donation through your will--is one of the easiest and most effective ways to make sure that your family and friends are fully provided for by your estate, while at the same time supporting the important work of an organization such as Children Now. A bequest has the added advantage of lowering your federal estate taxes and reducing estate fees. Through your will, you can specify that a portion of your estate is given to Children Now, or you can specify that Children Now receive a pre-determined fixed gift. Trusts When you decide to make a donation through a trust, you transfer property to a charity to be invested over your lifetime. This charitable trust generates regular income to you and your designated beneficiary over your lifetime(s). When the trust terminates, the remaining amount passes to Children Now. In many cases, the income you receive from this trust during your lifetime will be tax free (depending upon the property used to fund the trust). Also, there are no capital gains taxes on the property that is used to fund the trust. There also may be estate and gift tax savings. Children Now is a 501(c)(3) non-profit organization. Contributions are tax deductible.