A Letter From Our President
I would like to appeal to you to make a Legacy Gift to the West Shore Chorale. The WSC has been in existence since 1968 and has established itself as an anchor in Cleveland’s perform-ing arts community.
The Chorale has been an important part of your life. The per-formances have been spiritually uplifting, musically challenging, and are frequently collaborative with other performing groups. The repertoire, the professional orchestra, the guest soloists, and our fine choir all combine to make our performances espe-cially memorable and really set us apart from other choral or-ganizations.
Legacy giving costs you nothing during your lifetime. I have made a Legacy Gift to the Chorale via Beneficiary Designation. I like this option because I didn’t need a lawyer, it took only a few minutes, and I can change my mind if the need arises.
Please consider becoming a lasting part of the West Shore Chorale community for yourself or to memorialize a loved one.
President, West Shore Chorale
A Message from our Artistic Director
The West Shore Chorale has been an important part of my life, and many of you tell me it’s an important part of yours, too. The Chorale is one of the few organizations in our area that provides performances of great choral works. Where else on the west side of Cleveland can you hear the great choral works of Bach, Handel, Mozart, Haydn, Beethoven, Brahms, Mendelssohn, and similar composers? If you value this experience, I hope you will want future generations to have the same experiences. You can help assure that by considering a legacy to the Chorale. I will and I hope you will too.
Legacy giving myths
Myth: You should be over 65 to consider Legacy Giving.
Reality: Responsible estate planning happens at all ages. You can ensure the WSC is not forgotten when you plan early.
Myth: Legacy Giving is for the wealthy.
Reality: People of modest means, who may not be able to afford a substantial gift to the WSC in life, are able to make an impact that supports the longevity of the organization.
Myth: I will need a lawyer to make a Legacy Gift.
Reality: Beneficiary designations are simple to do and do not require a will to accomplish.
Two Paths to a Legacy Gift
- A Will
- A Beneficiary Designation
Creating a Will
A Last Will and Testament is a legal document that an individual creates during life to designate the distribution assets after death. To comply with state requirements, a will should be drafted in consultation with an attorney.
A will is important for a number of reasons:
- The individual can control where and how the estate will be distributed.
- The individual can make specific bequests to family members and other people who are important in his/her life.
- The individual can make charitable bequests to his/her favorite charities.
- It may save taxes and control unnecessary expenses in the administration of the es-tate.
- If there is no will, the state determines how your property is distributed.
Beneficiary designations are simple to do and do not require a will to accomplish. The do-nor just signs a form from his/her plan ad-ministrator (bank, insurance company, etc.).
Types of accounts that are vehicles for this simple type of legacy giving:
- Traditional IRA
- 401 (k)
- 403 (b)
- Life insurance policies
- Simple IRA and Roth accounts
- Payable-on-Death (POD) accounts. These include
- Bank and Credit Union Accounts
- Certificate of Deposits
- U.S. Savings Bonds
- Transfer-On-Death (TOD) accounts. These include
- Brokerage Accounts
Important Legacy Giving Information
The information provided is not intended to be legal or tax advice. It is always advisable to consult with a qualified estate planning attorney when drafting your will to ensure your wishes for family and our non-profit are properly documented.