Picture your estate as a pie. When you decide whom you want to share it with, you can cut big slices, little slices or somewhere in between.
We talk to many supporters of the Rhode Island Community Food Bank who worry that leaving a gift in their will to the Food Bank may jeopardize their family’s well-being. The pie analogy comes in handy. You dictate the serving sizes. You can ensure that your loved ones get the biggest portion of your estate. You can also make sure your family gets served first.
Here is how:
Instead of a fixed amount, consider leaving the Rhode Island Community Food Bank a percentage of your estate or of specific assets. That way, your charitable gift will adjust according to future circumstances, and gifts to loved ones will remain proportional—no matter how your estate fluctuates. Here are two ways to do it:
- Gift a percentage of your estate to the Rhode Island Community Food Bank in your will.
- Leave the Rhode Island Community Food Bank a percentage of your residual estate (the portion of your estate that remains after all gifts and bequests have been made and all claims of the estate are satisfied).
The great thing about gifts from your will is that they are flexible: You can change your mind at any time. Just know that whatever you settle on, a gift to the Rhode Island Community Food Bank does not have to be large—every slice makes a difference.
Save a Slice for the Rhode Island Community Food Bank
Even a small piece of your estate makes an impact. Contact Tammie Worthington‑Witczak at (401) 230-1676 or twwitczak@rifoodbank.org to learn more about supporting the Food Bank while serving family first.