We thought it might be useful to provide you a menu of tax saving opportunities
while supporting The Living Desert as well. Remember to review your
plans with your financial advisors, especially in view of the most recent
tax changes—changes that may well change again next year. And,
if you are interested in a behind the scenes look at The Living Desert
and how a bequest could help sustain our future, please contact Karen
Sausman at 760-346-5694, ext. 2100 or ksausman@livingdesert.org.
| YOUR GOAL |
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YOUR GIFT |
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HOW TO MAKE
THE GIFT |
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YOUR BENEFITS |
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| Make a quick and easy gift |
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Outright Gift |
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Donate cash, securities or personal
property |
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Income tax deduction; avoidance
of any capital gains tax. |
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MAKE A PLANNED GIVING DONATION - Click
here for more information |
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| Make a revocable gift during your
lifetime |
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Living Trust or Bequest in Will |
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Name The Living Desert in your
will or trust document. |
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Donation is exempt from federal
estate taxes, and if made with "IRD" assets, exempt from estate
income tax, too. |
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| Make a large gift with little cost
to you |
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Life Insurance Gift |
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Give a policy naming The Living
Desert as owner and beneficiary. |
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Current income tax deduction; possible
future deductions. Larger gift than you might otherwise be able
to make. |
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| Avoid the twofold taxation on retirement
plan assets |
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Retirement Plan Gift or other "IRD"
assets |
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Name us as beneficiary of the remainder
of all or part of the assets. |
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Avoidance of gifting this heavily
taxed "IRD" asset to heirs, allowing entire gift to be used. |
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| Avoid capital gains tax on the
sale of a home or other real estate |
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Gift of Real Estate |
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Donate the property to TLD. |
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Immediate income tax deduction
and avoidance of capital gains tax. |
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| Give your personal residence or
farm, but continue to live there |
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Retained Life Estate |
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Designate the ownership of your
home to TLD, but retain the right to retain occupancy. |
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Charitable income tax deduction
and lifetime use of your home. |
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| Secure a fixed income and supplement
your income |
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Charitable Remainder Annuity Trust |
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Create a charitable trust that
pays you a set income annually. |
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Immediate income tax deduction
and fixed income. |
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| Create a hedge against inflation
over the long term |
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Charitable Remainder Unitrust |
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Create a trust that pays a percentage
of the trust's assets, valued annually. |
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Immediate income tax deduction,
annual income for life (or term) that has potential to increase. |
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| Supplement income with fixed lifetime
annual payments |
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The Living Desert Charitable Gift
Annuity |
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Enter into a simple contract with
TLD in which we well pay you fixed payments annually. |
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Increased "secure" funds ensured
for life, partially tax free. |
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| Reduce gift and estate taxes on
assets passing to heirs |
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Charitable Lead Trust |
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Create a trust that pays a fixed
or variable income to TLD for a stet term, and then passes to heirs. |
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Reduced size of taxable estate;
keeps property in your family, often with reduced gift taxes. |
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| Leave a legacy gift to TLD |
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All of the Above! |
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Talk with your advisors and make
your choice. |
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The feeling that you are "doing
good by doing well." |
