Don’t miss what NCRF has to offer at the 2015 NCRA Convention & Expo

While in New York City attending the 2015 NCRA Convention & Expo, be sure to stop by the National Court Reporters Foundation booth and learn how you can help the association’s philanthropic arm do more through the many programs, scholarships, and grants it offers. The NCRA Convention & Expo is being held July 20-Aug. 2 at the New York Hilton Midtown. The NCRF booth will be located on the 2nd floor.

NCRF quilt 2015NCRF will be holding two fundraising raffles at this year’s convention. For the second year in a row, NCRA member Jane LaPorte of Columbia, S.C., has donated a one-of-a-kind, handmade, origami quilt. The “Past Presidents” quilt is composed of more than 100 different fabrics through a combination of machine and meticulous hand-stitching. The pattern features an array of whimsical characters including women with bikini tops and men with bowties. The quilt would make for a beautiful display or framed as an art piece, or can be used as it is washable and dryable in cold water. Raffle tickets are $10 each or 3 for $25 and will be available for purchase at the NCRF booth or from an NCRF representative.

Also being raffled to benefit NCRF is a Diamante steno machine, which is valued at more than $5,000 and has been generously donated by Stenograph. The machine will be on display at the NCRF booth. Raffle tickets are $50 each or 3 for $125 and can be purchased at the booth or from an NCRF representative. The drawing will be held on Sat., Aug. 1 and the winner, who will have his/her choice of colors, need not be present to win. Stenograph has been a faithful supporter of NCRF since it was formed in 1980.

Visitors to the NCRF booth can also join the many NCRF members who have already committed to donate $1,000 to support the Foundation’s Angel Drive. The gift provides a great tax write-off, and those who donate during the Convention will be invited to attend the exclusive Angels Luncheon on Fri., July 31. Attendees can also learn more about how to join the many current NCRA members who are part of NCRF’s esteemed Legacy Society by designating NCRF as a beneficiary either through a will, an insurance policy, or stock donations.

Other treasures that await at the NCRF Booth include the 2015 New York City Convention Commemorative Pin that will be offered for $5 each, an array of past convention pins available for $1 each, and the popular 2014 San Francisco Convention & Expo pins, available for $5 each. Visitors to the booth can also become part of NCRA history by signing the “Official Convention Register,” a time capsule of sorts, documenting convention attendees since the early 1900s and housed in NCRF’s Robert H. Clark Library at NCRA headquarters in Vienna, Va.

Finally, NCRF is very proud to host its first Corrinne Clark Professionalism Institute educational event in New York by partnering with Macy’s. While designed with students and new professionals in mind, even seasoned professionals will undoubtedly enjoy this session led by NCRF Chair, Jan Ballman, RPR, CMRS, Minneapolis, Minn., and representatives from Macy’s. The session will feature models to demonstrate how to create a powerful business brand using the latest fashion trends. Attendees can earn CEUs and enter to win a Macy’s gift card and a free Macy’s By Appointment consultation.

If you are interested in taking a chance on the quilt or the Diamante machine, becoming an Angel Donor, or joining the Legacy Society, be sure to stop by the NCRF Booth in New York, or contact B.J. Shorak, NCRF Deputy Executive Director, at 800-272-6272, ext. 126, or bjshorak@ncra.org.

NCRF Corner: Leave a lasting legacy

“Legacy.” It’s such a weighty word, isn’t it? We all want to leave a good legacy when our days are over, but we’re too busy leading our day-to-day lives to find a cure for cancer or save the world. Yet there exist simple ways to give back to causes that will outlive us all.

I recently had occasion to review my will and got to thinking about this legacy thing. What is fundamentally important to me? My kids, sure, but what else? What about the perpetuation of a line of work that has been challenging yet unfailingly fascinating, allowing me to put bread on the table and then some? I realized that I could help the charitable arm of NCRA simply by bequeathing a small percentage of my assets to the National Court Reporters Foundation.

Then I started thinking about what might happen if each court reporter left, say, only 2 percent of their estates to NCRF as well? That small amount won’t make a difference to my kids, but it would make a big difference to NCRF and its good work. Imagine what that collective gesture could do for the Veterans History Project and for preserving the personal histories of Holocaust survivors. We’d all be leaving a legacy that would enable others to leave their legacy. A weighty thought indeed.

Estate planning is critical to everyone. If you don’t plan ahead, the government will determine the fate of your assets, and it will not favor your survivors. You really need to be sure that your will is up to date, and by planning ahead, you control where your assets will go. Also, planning ahead gives you peace of mind and lets your family know that they meant enough to you to plan ahead so that they don’t have the tremendous stress of straightening out your estate.

To leave a lasting legacy, include charitable giving in your planning. It has many benefits that not only help you protect your assets but can include impressive tax reductions, avoidance of capital gains taxes, and markedly reduced estate taxes. And you can take advantage of the special benefits that legacy gifts provide.

You may not be aware, but NCRF has a planned giving program called the Legacy Society. It offers the opportunity for you to support your profession through your estate planning, which may have important income or estate tax benefits to you and your heirs. Here are some options you can consider:

Outright gifts: Outright gifts can be used immediately. A gift of appreciated stock or mutual fund shares can be particularly advantageous from a tax standpoint since capital gains tax is avoided.

Bequests: While taking care of your loved ones, you can also make a bequest to NCRF’s Legacy Society through your will. You can leave a particular asset, a percentage of your estate, or a portion of assets remaining after other specific bequests for your family are made. A bequest to NCRF’s Legacy Society is fully deductible for estate tax purposes.

Life insurance: You can name NCRF as the beneficiary of all or a portion of a life insurance policy. Amounts left to NCRF are fully deductible for estate tax purposes.

Planning ahead will give you the deep satisfaction of knowing that you’re returning something to a profession that has been good to you. You are really helping your profession by providing critical resources for the continuation of important programs.

Donations allow NCRF to develop programs and tools that support the profession, whether it’s scholarships and free NCRA memberships for students; providing outreach education about our technology to nonreporting groups through our Legal Education Program or by our participation at biennial international Court Technology Conferences; raising awareness of our profession to the general public through NCRF’s Oral Histories Program; developing seminars, teaching tools, and videos to help us learn, build our brand, and promote court reporting as an exciting and solid career; and more.

So I ask you to consider NCRF in your estate planning, and if you haven’t undertaken this task as yet, I really encourage you to get it done, whether or not NCRF is in the equation. We’ve all heard horror stories of the impact that a failure to plan has on the family. Don’t let the government get more than its share of your estate! Feel free to contact NCRF’s Deputy Executive Director, B.J. Shorak, with any questions 800-272-6272, ext. 126, or bjshorak@ncra.org.

Recording words has been your life’s work. Now make your own record. Join NCRF’s Legacy Society and secure your heritage. I know I’m going to.

Nancy Hopp, RDR, CRR, CMRS

NCRF Trustee

Leave a lasting legacy through NCRF’s Legacy Society

NCRF offers you an opportunity to leave a legacy for future generations of reporters through our planned giving program, the Legacy Society.  NCRF established the Legacy Society as a way for you to give back to your profession through your estate planning by naming NCRF as a beneficiary.  It can be a specific amount or a percentage, either through a will or an insurance policy.

Planning ahead not only gives you control where your assets will go; it also gives you and your family peace of mind.  They will know that you cared enough to plan ahead, relieving them of the tremendous stress of estate liquidation.

Charitable giving has many benefits which not only help you protect your assets but can include impressive tax reductions, avoidance of capital gains taxes, and reduced estate taxes. Plus, by becoming a Legacy Society member, you would be providing critical resources to the Foundation for the continuation of important programs.

Without prior planning, the government will determine the fate of your assets.  Be sure your will is up-to-date.   Don’t leave the responsibility for your legacy to chance or to others.

If you would like information on how to leave a lasting legacy and become a member of NCRF’s Legacy Society, contact B. J. Shorak, deputy executive director of NCRF, at 800-272-6272, ext. 126, or by email at bjshorak@ncra.org.

THANK YOU for considering NCRF in your estate planning.

NOTE:  NCRF strongly encourages you to consult with your personal financial planner, tax consultant, or legal counsel when considering a gift of this type, whether it’s to NCRF’s Legacy Society or to any other organization.

NCRF’s Legacy Society offers many benefits

The National Court Reporters Foundation offers NCRA members and other interested parties the opportunity to become part of its Legacy Society, a planned giving program. By including NCRF in their wills, many reporters have already taken this critical step to support the professions of court reporting and captioning.

Including charitable giving in a will offers many benefits, such as protecting assets, reducing estate taxes, and avoiding capital gains taxes. Becoming a part of NCRF’s Legacy Society may have important income or estate tax benefits. Here are a few of the ways to support NCRF through its Legacy Society.

  • Outright Gifts:   Outright gifts can be used immediately.  A gift of appreciated stock or mutual fund shares can be particularly advantageous from a tax standpoint since capital gains tax is avoided.
  • Bequests: A bequest to NCRF’s Legacy Society in a will allows a person to leave a particular asset, a percentage of an estate, or a portion of assets remaining after other specific bequests for family members have been made.  A bequest to NCRF’s Legacy Society is fully deductible for estate tax purposes.
  • Life Insurance:  Naming NCRF as the beneficiary of all or a portion of a life insurance policy is another option. Amounts left to NCRF are fully deductible for estate tax purposes.

Members of NCRF’s Legacy Society say there is a deep satisfaction of knowing that you’re returning something to a profession that has been good to you.

For more information, contact B.J. Shorak, NCRF’s Deputy Executive Director, at 800-272-6272, ext.126, or by email on bjshorak@ncra.org.