Using one of the Planned Giving options listed below may positively impact your current taxes and reduce potential capital gains or inheritance taxes. In structuring all Planned Gifts it is important that you consult your legal/financial advisor on its deductibility or impact on your particular financial situation.
Appreciated Stocks, Bonds, Mutual Funds or Real Estate
By giving shares of appreciated stocks, bonds, mutual funds or real estate to The CAC, your tax deductible gift can also reduce or eliminate capital gains taxes.
Insurance Policies or Retirement Plan Beneficiary
If your current beneficiaries no longer apply, designate insurance policies, retirement accounts and funds to The CAC. The policy or account owned by The CAC is not subject to inheritance taxes.
Charitable Remainder or Lead Trusts
You can choose to state a specific gift amount, provide a percentage, or be structured for either an immediate or deferred payout to you or your beneficiaries over a number of years. The CAC then receives either the balance of the trust or initial payments upon completion of the trust.
Charitable Bequest in Your Will
Naming The CAC, or one of our programs, in your will positively affects the inheritance taxes on the remainder of your estate.
To learn more about how you can help contact Amber A. Waska, Development Manager, at Amber.Waska@cac.hctx.net or 713-986-3572.