Planned Giving
By making a gift to
CCI through LPCCI in your estate plan, you can
continue to help enhance the lives of people with
disabilities well into the future. In
addition, there may be tax benefits to these gifts.
Your financial advisor can give you more
information.
It's not hard to do -
Planned giving is simply a financial strategy for
making a major gift. Some individuals find
they can afford to make a major gift during their
lifetime by using appreciated stock or real estate.
Almost all of us can make a major gift through our
estate. Here are some ways you can contribute.
Gifts of
Appreciated Assets
- Appreciated stock and
real estate have become popular ways to make
valuable gifts to LPCCI. The donor's cost
declines because the value of the gift at transfer,
not its cost to the donor years ago, determines the
deduction.
Donor benefits:
Deduction based on full value
Capital gains tax fully
bypassed
Charitable
Bequests -
This is the most familiar and most commonly used
planned giving method. Have your attorney
include a charitable bequest for LPCCI in your
estate plan.
Donor benefits:
Your assets remain in your control
Your gift passes to
LPCCI free to estate tax
Gifts of Insurance
- You ask your insurance company for a beneficiary
designation form and change the policy to include
LPCCI for all or part of the proceeds.
Donor benefits:
You maintain control of your policy during life
Your estate receives an
estate tax deduction
Your gift passes to
LPCCI free to estate tax
Gift of Retirement
Plan Principal
- Retirement plan principal left in an estate can be
vulnerable to estate tax and income tax. In
some cases, heirs have received less than 30% of
plan principal after taxes. Leaving IRA
principal to charity, and other less tax-vulnerable
assets to heirs, provides tax-efficient benefits to
both.
Donor benefits:
You maintain control of your assets during life
IRA principal given to
charity escapes income tax
Your gift passes to
LPCCI free of estate tax
Charitable Trusts
- You give cash, stock or real estate to an
irrevocable trust that pays you income during life
and then transfer what remains to LPCCI.
Donor benefits:
You receive lifetime income
You get an immediate
income tax deduction
You bypass capital gains
tax
Your gift passes to
LPCCI free of estate tax.
Click Below for Forms:
For more information
contact LPCCI:
Lucille Hynes, LPCCI
Administrator
Lions Project for Canine
Companions for Independence
P.O. Box 3896
Santa Rosa CA 95402-3896
707-577-1774 or
877-865-7224 (toll free)
lpcci@cci.org
