Thursday, December 3, 2015
Friends of the Israel Defense Forces - Planned Giving Opportunities
Brian Greenspoon, managing attorney in the Florida firm of Greenspoon Dougherty, upholds a personal commitment to supporting his community. Brian Greenspoon is an active contributor to the Greater Miami Jewish Federation as well as the Friends of Israel Defense Forces.
Dedicated to supporting the young men and women who fight for the State of Israel, the Friends of Israel Defense Forces (FIDF) funds and oversees a variety of programs. These programs depend on the generosity of donors across the United States and beyond. Some donors choose to make a one-time financial contribution, either in their own name or to honor a loved one, while others participate in one of the FIDF's planned-giving programs.
Donors may elect to include the Friends of Israel Defense Forces in their will, which can specify a dollar amount or percentage of assets to go to the organization. Others name FIDF as beneficiary of the full or partial balance of a particular financial account, individual retirement account (IRA), 401k, or life insurance policy.
Some individuals may elect to set up an Israeli Soldiers Gift Annuity, which provides the donor with guaranteed payments in exchange for a donation of cash or active securities. However, those with highly appreciated real estate property or securities may wish instead to establish an Israeli Soldiers Charitable Remainder Unitrust, which provides a certain level of tax exemption and guaranteed income while providing the FIDF with significant support. Meanwhile, donors who wish to secure their long-term impact on the organization can establish an FIDF endowment fund, to be used for general purposes or a particular program as the donor specifies.