Toledo Community Foundation

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#GivingTuesday™ is a national day of giving at the start of the holiday season that celebrates and encourages charitable activities that support nonprofit organizations. Toledo Community Foundation and The Blade have partnered to support local nonprofits in this effort by promoting the program and encouraging donations through a matching grant opportunity. This year, #GivingTuesdayNWO is December 1.  You can find information here for both nonprofits and donors.

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Itís time to protect your family & your future

Over 50% of our adult population does not have a current or up-to-date estate plan to protect themselves and their family's assets; that’s half your family, friends, and associates.

Estate planning is a financial process that can protect you and your family and is a very important component of your overall financial planning. Now is the perfect time to put your estate planning house in order. If you don't have an up-to-date estate plan and you happen to get hurt or sick and cannot manage your financial affairs, the courts will have to appoint someone to manage them for you. The person they appoint might not be the one you would want to perform those tasks. 

Without an estate plan, when you pass away, your affairs will be settled by default through a complex legal system called "probate." The handling of your financial affairs can turn into a costly and frustrating ordeal for your family and heirs.

The crafting of a good estate plan starts with planning, followed by the proper drafting and signing of appropriate legal documents such as wills, trusts, buy-sell agreements, durable powers of attorney for asset management, and an advanced health-care directive or health-care power of attorney. Having these documents in place saves you and your family a lot of money and time at a very difficult and emotional time.

Your estate planning should also address the coordination of the way you hold title to your various assets, your beneficiary selections, and philanthropic gifts you wish to make as a part of your legacy.

Regardless of the extent of your net worth, estate planning is important for everyone. Complex strategies may be used by wealthy people to reduce death taxes and costs. Others may only require a simple will and/or trust to pass on property to their heirs and provide for minor children.

Even if a simple will is all you require, an estate plan is an essential part of your financial planning. Everybody will need it someday. The time to address or update your estate plan is now.
Today’s Thought
“The only person who doesn't need an estate plan is the one who lives forever and never gets sick.”
-Your financial PARTNER

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For more information on creating a legacy as a part of your estate and financial planning, email Ken Frisch or Bridget Brell Holt, philanthropic services officers, Toledo Community Foundation, or call 419.241.5049. 

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The Toledo Community Foundation is a recipient of a $25,000 grant from Partners for Places – a project of the Funders’ Network for Smart Growth and Livable Communities.  Toledo is one of ten communities to receive a grant in the latest round of awards. 

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Featured Success Story

Planning ahead for Lifelong Giving
Meet Darcy Wagner, Ph.D.

Darcy is one of the youngest people in the 40-year history of the Foundation to establish a Donor Advised Fund. "I knew giving was something I wanted to do with my whole life - not just the end of my life."

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Video Spotlight

Making A Difference Thru Charitable Giving

Working together we can make a difference in our community through charitable giving.  In this video, you will hear from a number of individuals why giving back is important to them.

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300 Madison Avenue
Suite 1300
Toledo, OH 43604
P     419.241.5049

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