Wills and Bequests

Jean and Russ Blomberg share a life long love of music. When they moved from San Francisco to the East Bay and discovered the world-class California Symphony, they were thrilled. Over the years they enjoyed the concerts, special events and friends they met through the symphony. Through her work on the Board of Directors, Jean became very aware of the needs in the community, such as Music in the Schools, that were filled through the work of the symphony, and looked for a way to give back to the community by supporting her preferred cause.

Jean: "Seeing how the symphony has grown over the past 20 years and being a part of that through volunteering and serving on the board has been most rewarding for me. We have met wonderful people; introduced our children to fine music; hosted many clients at symphony events; and enjoyed being part of the symphony's many outreach programs in East Bay communities. Participating in the Barry Jekowsky Heritage Society was a natural next step for us in our involvement with and commitment to the California Symphony."

Russ: "Enjoying an evening at the symphony has always been a welcome respite from our busy schedules. We especially enjoy introducing new guests to the concerts, as they are always impressed with the maestro's excellent commentary, talented artist performances and overall high quality of the whole experience. It gives us pleasure to share in our guests' enjoyment."

By instructing their attorney to name the California Symphony in their estate plan, Jean and Russ are creating a lasting legacy that commemorates their family name and instills a sense of stewardship among their family members.

Also, by naming the California Symphony in their estate plan, Jean and Russ were invited to join the Barry Jekowsky Heritage Society. This invitation is extended to all who include a planned gift for the California Symphony.

There is some additional information available about the benefits of utilizing a charitable bequest and how bequests enable you to keep control of your assets.

Using funds from a retirement account to make bequests is often a good strategy. If there is a balance in your retirement account at your death, not only is there a potential income tax burden, but there may be estate taxes as well. Taxes can eat up as much as 70-75% of retirement assets under certain circumstances. Careful planning concerning retirement funds needs to be done. Some additional information regarding retirement assets is available.

Another option to consider in making a gift is to use life insurance policies that are no longer needed or necessary. There are some different ways to make a gift of life insurance.

Jean and Russ found their experience enriched their hearts and lives. Often donors are surprised by just how wonderful the giving experience is.