Here are some of the legacy contribution options to consider that will also provide real tax benefits to you and your estate. We would be happy to discuss your goals and plans to make sure that you are leaving the legacy that’s right for you.
Bequests are the most popular way to include a philanthropy gift in your estate plan. It can be as simple as including a sentence or two in your will or trust.
Donating certain non-cash assets like real estate or stocks can provide significant tax benefits for you while helping Mychal’s Learning Place continue to change the lives of young people with developmental disabilities.
You can name Mychal’s Learning Place as a beneficiary on many of your accounts from your estate. There are so many tax benefits from naming a charitable organization as your beneficiary on your IRAs, Retirement Plans, Life insurance policies, or even commercial annuities.
Take advantage of one of the smartest ways to make a donation. If you are 70.5 years or older you can make a QCD from your IRA of up to $100,000 each year. There are so many benefits to making a QCD including reducing your annual income and the donation is not taxed for you nor Mychal’s Learning Place.
If you are interested in learning more about how you can leave a lasting legacy with Mychal’s Learning Place, get in touch and our Director of Development, Page Sacks, will reach out to answer any questions you may have. (* = required fields)
CA Non-Profit Corp. 501(c)(3) 95-4871202
