Frequently Asked Questions:

1. I am the director of a smaller local charity that does not have a large wealthy donor base. Will Immediate Legacy™ work for me? It may very well work for you. We would work with you to develop a "focus group" to whom we would present the Immediate Legacy™ plan and conduct a "Feasibility Study" to determine if the plan would work for the potential donor or the charity. While we could not guarantee the results since we cannot dictate which charity the donor may support, the fact that you would be sponsoring the "focus group" would certainly help the donor with their decision.

2. What Exactly Is a Focus Group? A focus group can be used in a couple of ways. If you're a larger charity that has a development officer and board members, a focus group may consist of 8-12 people who may be board members, known donors or interested donors who would participate in a "feasibility study" to determine if the Immediate Legacy strategy would be right for the charity. After the feasibility study is completed, the charity's decision makers could extrapolate the results across their donor base to give them an estimate of how much might be contributed to the charity. Additionally, if the charity is smaller, the focus group could be assembled from people who are interested in charitable gifting which we will help with. The feasibility study could produce the same results for the smaller charity.

3. Is there a cost to the charity to have a focus group conducted? No, there is never a cost to the charity to have a focus group

4. What does a feasibility study consist of? A feasibility study consists of having analysts at many different insurance companies review and interpret the potential donors medical records. The goal of the study is to identify sources of the highest possible income and lowest possible insurance costs. Once this feasibility study is completed, potential charitable outcomes can be identified and reviewed for viability.

5. Is there a cost or obligation to have a feasibility study completed? There is no cost for a feasibility study and no obligation on either the potential donor or charity to implement the strategy once a feasibility study is completed.

6. How long does a feasibility study take? The time that it takes to complete a feasibility study can vary widely. Time frames of 4-8 weeks are typical.

7. What if my charity has donors throughout the country and a focus group is not practical? This will be a perfect opportunity to conduct a virtual focus group or individual meeting. Your supporter merely needs access to and computer with internet capability and we can conduct the strategy as if they were in the room with us.