Leave a Legacy

Planned Giving Through the Community Foundation For The Ohio Valley

Individuals who are considering charitable giving through their estate plan may want to consider the Community Foundation for the Ohio Valley (CFOV). CFOV can help donors realize their charitable goals, achieve tax advantages and leave a growing legacy for generations to come. This is philanthropy that is amazingly accessible and will have a major, lasting impact on the Upper Ohio Valley. Legacy gifts support much of the charitable work in the communities we partner with throughout our region. CFOV offers many options for planned gifts. Some of these vehicles allow you to make ...

When Trusts Make Sense

Historians can tell you that the concept of holding property and other assets “in trust” started in the 12th and 13th centuries when nobles went off to fight in the Crusades. In their absence, they turned over their property to a trustee for beneficial handling. Trusts can play an important role in both lifetime financial management and estate planning efforts. Use of a trust can provide control of property or assets for an extended period of time while also transferring ownership through the terms of the trust document. Controlled by each state’s laws, a trust is formed when ...

Ten Untrue Things People Believe About Wills

1. Only rich people need to have wills prepared. UNTRUE. If you have any assets at all, a will is needed. No matter how large or small your estate or whether you have few or no heirs, your will protects your legal right to distribute the assets appropriately. 2. The inheritance laws are ...