Planned Giving: Aligning Your Legacy with Your Values
Planned Giving is the integration of personal, financial, and estate planning goals with a person’s goals for charitable giving. It is an opportunity for charitable giving in circumstances that may not otherwise allow a donor to make a gift to charity.
Whatever the reasons, U.S. tax law is designed to encourage planned gifts. Planned gifts provide YOU the donor with financial flexibility and tax benefits as well as the opportunity to truly help make an impact in your community.
Determining what gift is right for you is just as important as making the gift. There are many options from which you can choose. The correct plan for you balances what you wish to accomplish for yourself, your family, and your charitable interests in your overall estate and financial plans.
Gifts of Retirement Plans
Turn your retirement assets into a lasting impact. IRAs, 401(k)s, and other retirement plans can be a powerful way to support the causes you care about—while taking advantage of special tax benefits.
Gifts by Will
Include A Safe Place in your will or trust. Under current tax law, charitable bequests have no limit on the estate tax deduction. Contact us for sample bequest language to make your gift simple to arrange.
Gifts of Life Insurance
Life insurance can play an important and often overlooked role in charitable gift planning. By designating a policy as a gift, donors can make a meaningful contribution equal to the policy’s full value, often through relatively modest premium payments.
Gifts of Appreciated Stock, Bonds, or Mutual Funds
As a contributor, you may be eligible to claim your stock gift as an income tax deduction while avoiding capital gains tax. As a result, your contribution may have a greater immediate impact.
Please note that tax laws regarding capital gains are subject to change and may affect holding periods for donated stock. We recommend consulting with your personal financial or tax advisor before completing any transactions to ensure you have the most current information.
A Safe Place is a recognized 501(c)3 listed under Lake County Crisis Center for the Prevention & Treatment of Domestic Violence Inc. and thus donations for fully tax deductible to taxpayers who otherwise qualify for the deduction.
For more information on planned giving, please contact our Development Department
(847) 731-7165, ext. 1008
info@asafeplaceforhelp.org
If you need immediate assistance, please call our crisis line available 24/7: 1-800-600-SAFE (7233) info@asafeplaceforhelp.org