Factoring MAZON into your long-term estate planning process can help ensure ongoing assistance to hungry people and provide you with numerous personal benefits: - • Enjoy significant current tax savings;
• Avoid capital gains taxes;
• Increase your current disposable income; and
• Make a major gift to MAZON and still pass assets to your heirs.
Types of Planned Gifts:
You should check with your tax or legal advisor to confirm the anticipated tax benefits to you and/or your estate.
Cash, Securities and Real Estate:
Cash, readily marketable securities - particularly appreciated securities - and real estate generate immediate income for MAZON. This is the most direct and effective gift to MAZON.
Life Insurance:
You may name MAZON as beneficiary or contingent beneficiary of a life insurance policy or, if you transfer ownership of the policy to MAZON, you may receive an immediate income tax deduction equal to the policy’s cash value as well as tax deductions for the premiums you pay thereafter.
Wills and Bequests:
The donor has the use and enjoyment of the intended gift during the donor’s lifetime. At death, the gift passes to the MAZON Endowment and results in an estate tax charitable deduction.
Charitable Remainder Trust: Charitable remainder trusts offer excellent opportunities for donors to make gifts of appreciated assets, while retaining the right to receive a percentage of the value of the assets during their lifetime and, if desired, the lifetime of their spouse. The value of MAZON’s future right to receive the assets of the trust will be an income tax charitable deduction after the designated lifetime.
Charitable Lead Trust: A vehicle that enables donors to give money to charity regularly and to pass a substantial sum to family members free of gift estate taxes.
For more information on making a planned gift to MAZON, contact us
