Planned Giving

Bequests
Any asset can be included in a bequest (through a living will or trust) to ensure that your estate will help support a cause that is consistent with your beliefs and values. Making a bequest reduces estate taxes, eliminates capital gains taxes, and benefits your favorite charity.

Real Estate
Gifts of real estate are similar to stock. Assuming you have owned the property for more than one year, you may deduct it as a charitable contribution at the fair market value while avoiding capital gains taxes. For gifts of real estate, you may not only make an immediate tax deduction but you may also retain the right to use your property for your lifetime.

Life Insurance
Life insurance is a unique way to give to Samaritan House. In order to qualify, Samaritan House needs to become the owner and beneficiary. No incidents of ownership should be retained. If the policy is paid in full, your charitable contribution is generally the replacement value or cost basis of the policy, whichever is less. Ongoing premiums paid on a gifted life insurance policy also qualify for charitable deductions.

Charitable Remainder Trust
A Charitable Remainder Trust (CRT) is an irrevocable trust that actually provides for and maintains two sets of beneficiaries. Income beneficiaries are the first set. Income beneficiaries receive a set percentage of income for your lifetime from the trust. The second set of beneficiaries is the charity that you name. The charity receives the principal of the trust after the income beneficiaries pass away. The CRT allows taxpayers to reduce estate taxes, eliminate capital gains taxes, claim an income tax deduction, and benefit a charity instead of the IRS.

Charitable Lead Trust
A Charitable Lead Trust (CLT) is the reverse of a CRT. Your designated charity receives the income and your heirs receive the residual. Similar to a CRT, CLTs offer current income tax reductions and a reduction of capital gains taxes.

Samaritan House is a 501(C)3 organization. Federal Tax I.D. number: 23-7416272. All donations are tax deductible as permitted by law.

Please contact Andrea Capozzoli, Development Director for more information at 650-341-4081, ext. 22 or andrea@samaritanhouse.com.


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