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Planned Giving

Creating a Legacy for the Oregon Talking Book & Braille Library

Many years ago, Thomas Price of Grants Pass, Oregon, left a large portion of his estate to the Oregon Talking Book and Braille Library. His bequest was made in memory of his wife Irene, who enjoyed talking books throughout her lifetime. Thomas’ bequest made it possible to establish the Talking Book endowment fund. Since then, many other visionary individuals have helped build the endowment fund through their gifts. Today, the endowment fund remains as a permanent fund to ensure that future generations may continue to enjoy reading talking books and other special services for Oregonians with print-related disabilities. 

If you would like to include Talking Books in your estate plan, here is an example of the language you can use:
“I hereby give and bequeath____________ (a specific gift or a percentage of the residue of my estate) to the State Library of Oregon – Talking Book & Braille Library whose legal address is 250 Winter St NE, Salem Oregon 97306, tax ID 93-6001773, for such purposes as the Talking Book & Braille Library shall determine.”

The Irene Price SocietyIMG_20180706_135742_1.jpg

Talking Books honors and recognizes the generosity and vision of our patrons and friends, who, like Thomas Price, have chosen to leave a legacy through their estates or other deferred gifts. We invite you to become a member of the Irene Price Society. Enrollment in this honorary society is simply a matter of advising us about your plans to make a legacy gift, such as a bequest in a will or living trust, or designating the Oregon Talking Book and Braille Library as beneficiary of an individual retirement plan, 401(k) or life insurance policy.

What is Your Legacy?

Through thoughtful planning, any of the following gifts may provide important personal benefits while providing a future gift to the Oregon Talking Book and Braille Library. We recommend that you consult with your family, friends and financial advisors or attorney for the best estate plan for your individual situation.

Ways to Give…That All May Read

The Irene Price Society honors people who have made a provision for the Oregon Talking Book and Braille Library in their wills, trusts, beneficiary of life insurance policy, or retirement plan assets.  The chart below will help you quickly evaluate ideas for gift opportunities designed to meet your needs while investing in the future of Talking Books.

Gift

A Bequest is a gift of cash, property or stock included in your will or living trust that offers an easy and flexible way to establish a lasting legacy.



A gift of retirement assets, such as 401(k) plans or IRAs, may allow you to give more than you thought possible while realizing significant tax benefits.



A gift of a life insurance policy that you may no longer need.

How

Through your will or living Trust give to the Oregon Talking Book and Braille Library money or a share of the estate residual. Consult your financial advisor or attorney for the best estate planning for you.

Name the Oregon Talking Book and Braille Library as the primary or contingent beneficiary of all or part of your qualified plan or IRA. To get the best advice for you, consult your financial advisor or attorney.

Name the Oregon Talking Book and Braille Library the primary or contingent beneficiary or transfer a policy to  the Oregon Talking Book and Braille Library now.

Advantages

A bequest or living trust can either be outright or contingent upon the death of a family member.




The gift avoids twofold taxation (income and estate taxes) on distributions after your lifetime.




You can contribute either a new policy or one that is no longer needed.

Join the Irene Price Society Today!

How?...send an email to Elke Bruton at elke.bruton@slo.oregon.gov saying you are considering or have already made a legacy to the Oregon Talking Book and Braille Library by:

  • your will or estate plan, or
  • your living trust, or
  • your individual retirement plan, 401(k) - designating the Oregon Talking Book and Braille Library as beneficiary, or
  • your life insurance policy - designating the Oregon Talking Book and Braille Library as beneficiary.

We would like to acknowledge your gift and say thank you during your lifetime. If you choose to remain anonymous, however, be assured that we will honor your wish. Any details of your gift that you disclose are held in the strictest confidence.

Have more questions? Contact Elke Bruton at 971-375-3509 or elke.bruton@slo.oregon.gov.