There are many ways to contribute. Please consult your tax advisor to determine the best method of giving for you. Here are some questions to consider as you review your financial planning options.
Cash: Could you use the maximum allowable tax deduction? Checks should be made payable to the Medina County Community Fund.
Securities or Real Estate: Have you held your securities or real estate long enough to deduct the full fair market value as a charitable contribution and avoid capital gains tax?
Charitable Remainder Trusts (CRT): Are you in a position to establish a CRT that pays a lifetime annuity to you, the donor, with assets and income going to the fund upon your death?
Charitable Lead Trust (CLT): Conversley would you prefer to create an immediate annuity interest for the fund for a period of years with the remainder returning to you or your children or grandchildren?
Life Insurance: Are you in a position to assign ownership of a life insurance policy's current value to the fund? All premium payments therafter made by you, the donor, will also be deductible and the full face value of the policy will be removed from your estate.
Bequests: Have you considered making a bequest to the fund in your will? These bequests are entirely free from federal estate tax and can offer substantial estate savings.
Pooled Income Fund: Would you be willing to make a minimum contribution of $5,000 to receive a pro rata share of the fund's income? Upon your death or that of your designated beneficiary, the remainder of the charitable gifts will be transferred to the fund.
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