Record a legacy gift (will, trust, insurance)
Record that someone is leaving something to the organization in a will, trust, insurance policy or retirement account, with follow-ups.
Before you start
- Your login can edit people.
- 1
Open the person
Click "People" and open the person. Scroll to "Legacy gift (will, trust, insurance)".
The legacy section on the profile. - 2
Record it
Click "Record a planned gift". Choose the "Kind" (In their will, Trust, Life insurance, Retirement account (IRA / 401k), Other) and "Where it stands" (Thinking about it, Said they will, Confirmed in writing, Received).
Kind and where it stands. - 3
Amounts and paperwork
Type "Estimated $". Tick "We have the paperwork" if you do. Set the "Next follow-up" date and a note.
- 4
Save
Click "Save". The person gets a "Legacy society" badge next to their account number.
The "Legacy society" badge on the profile. - 5
When it comes in
Open it, set "Where it stands" to "Received", type "Received $ (when it comes in)" and Save.
Tips
- Keep a copy of the paperwork in the person's "Files" section.
- A person can have more than one — use "+ Another".
If something isn't working
I don't see "Record a planned gift".
You need edit access to People.
I need to remove a legacy gift.
Open it on the person's profile and click "Remove".