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Leaving Your Legacy with Temple Shir Tikvah

“As our parents planted for us before we were born, so do we plant for those who will come after us"  (Babylonian Talmud, based on Taanit 23a)

The Opportunity of Legacy Giving

Pause a minute to ask yourself: How has belonging to Shir Tikvah enriched your life?

Our members answer in many ways. For some, it’s learning. Others focus on the comfort of a caring community and the extra joy of celebrating together. Inspiration. Music. Deep personal connections. Acting on shared social-justice values. Meaningful ritual. All these make the list. Maybe at the core of each person’s answer is a centering sense of connection to something bigger than ourselves.

We’ve received a gift from the past that we’ve reshaped to make our own relevant, inclusive, ever- evolving Jewish community. We’ve created a home where we share our stories, care for each other, and provide a strong base for healing the world. And this is the Jewish community we will gift to the next generation so that they, too, can make it their own.

So that’s really what a legacy gift is about. It’s a way of ensuring the continuity of the Shir Tikvah experiences you’ve valued in your life.

A legacy gift is your statement to your children and heirs that Jewish community matters in this world and deserves ongoing support. Your gift is a lesson you teach about the essence of l’dor vador—from generation to generation. We hope you’ll explore what creating your legacy with Temple Shir Tikvah can mean for you and your family.

"With this legacy gift, we feel we are contributing both to the survival of our temple and the continued growth of the Jewish people.  Shir Tikvah’s commitment to openness, inclusion, and community is one that we feel is a model to emulate." - Diane & Steve Boettcher

"When I think about how I want to live my life and how I want this world to be, I think of Temple Shir Tikvah and its commitment to helping each of us to make ourselves and our world a better, safer, and more loving place for everyone. I believe it is up to each of us, it is our responsibility to ensure our Temple's perpetuity for ourselves, our children and their children's future." - Jill Bohlin

"To sustain Shir Tikvah’s impact, we need the long-term stability that comes from legacy gifts. And it's up to us who appreciate the uniqueness of Temple Shir Tikvah to create the endowment–if we don't do it, who will?" - Stu Koman

Click here to read full testimonials

 

The Legacy Circle

Everyone who includes a gift to Shir Tikvah in their estate plan becomes part of the Legacy Circle. It’s our way of honoring you and recognizing your generosity. And it’s something more, too. It’s a way for our community to learn from your example now.

No minimum amount is required to join. Click here to sign up.

Is Shir Tikvah already in your estate plan?

If you have already included a gift to the Temple in your estate plan, please contact director of administration Linda Singer-Berk, or fill out the online form so we can properly recognize your generosity.

Ready to learn more?

Read our Legacy Giving Questions & Answers and How to Make a Legacy Gift

Questions and answers about legacy giving

NOTE: All donors should consult with their tax and/or legal advisors when considering a planned gift.

What is a legacy gift and how does it work?

A legacy gift is a portion of your estate that you set aside through your will or other instructions for the disposition of your assets. You can specify the gift as a sum of money, a percentage of your estate, or a particular asset such as a retirement plan. See the section on How to Make a Legacy Gift for more information.

What does my gift allow Temple Shir Tikvah to do that would be different from regular donations?

A legacy gift keeps giving year after year. Legacy donations go into our endowment fund, where we preserve the principal and draw on the earnings every year to support our programming and operations.  Your legacy gift, as part of our endowment, is a lasting support for our continuity.  

How to make a legacy gift

A Bequest in your Will or Living Trust

You can leave the Temple a specific dollar amount or a percentage of your estate. The Temple accepts bequests of any size as a legacy gift that will help fund the Temple year after year. Your legacy gift may have estate tax benefits for your heirs.

  • Sample Language: I give and devise to Temple Shir Tikvah, Winchester, Massachusetts, Federal Tax ID #04-3145322, {Insert amount of gift or percentage of estate}.

Note: Please rely on the advice of your estate attorney for the exact details needed to modify your estate plan to establish the legacy you desire.

From your Retirement Plan

You can specify the Temple as a beneficiary of an IRA or other qualified retirement plan. This is one of the simplest ways to make a legacy gift to the Temple and doesn’t require an update to your estate documents. Just ask your plan administrator for a change of beneficiary form. Because of the income tax consequences of retirement assets after they pass to family, many people prefer to make their legacy gifts from these assets.

Life Insurance

You can specify the Temple as a beneficiary of a life insurance policy you own. This is a useful option for those who own a policy which is no longer needed to protect family members.

Charitable Trust

A variety of charitable trusts are available that offer income and/or estate tax benefits to the donor.  Talk to your financial advisor for more information about these complex instruments. Once such a trust is established, it’s easy to name the temple as a beneficiary.

Click here to make a commitment online, or download a printable form.

Tue, November 30 2021 26 Kislev 5782