Gift Planning

PLANNED GIVING: PLANNING GIFTS TODAY FOR THE FUTURE

 

 

Many say they wish they could do more to help the Good News Rescue Mission, but they are on a fixed income and cannot afford to give more than they are giving. In this circumstance, we invite you to consider making a gift for the future. If you are in the process of updating or beginning to prepare your will, trust or other estate documents, or reviewing your financial portfolio, it may be beneficial for you to consider the following methods of charitable giving:

 


BEQUESTS

legacy-12-20-12 Remembering the Good News Rescue Mission in your will is one of the easiest planned gifts you can make.  We recognize the importance of first providing for your family, and then the causes that are important to you.  If you’re undecided, but considering the Mission as a beneficiary, please feel free to contact us for a tour.  We know you’ll find the work here of tremendous value, not only to the people we serve, but to our communiy as a whole.  Once you’ve made that decision, it is important to use correct language in your will or trust, so to learn more on how to ensure you accurately include the Mission in your estate plan, please contact Dan Haskins at 530-242-5920 or by email at dhaskins@gnrm.org.

By including the Mission in your estate plan you’re also included as a member of the Good News Rescue Mission’s Legacy Society. Your membership in the Legacy Society provides you with invitations to our estate planning seminars, special updates on the Mission, and regular alerts on estate issues including legislation, taxes and other issues. Another important benefit you will receive from joining the Legacy Society is the satisfaction derived from making a lasting change in so many of our neighbors in need.


NAME A BENEFICIARY

While the Good News Rescue Mission does not provide tax or legal advice, did you know it may be possible to avoid probate by simply naming the Mission as a beneficiary of your retirement plan, insurance policy or other financial accounts?  Doing so is simple, easy and can have a life-saving impact on someone you know.


legacy imageRETIREMENT PLAN GIFTS

Assets accumulated in a retirement plan, such as an IRA, can be a source of funding for a charitable gift.  Under current IRS rules, it may be possible if you are age 70 or older to transfer up to $100,000 tax free to a charitable organization.   By simply naming a chairty rather than your estate as a beneficiary could save thousands of dollars in taxes. Tax benefits are based on IRS regulations at the time of the designation.


Kindness-Quotes-by-Mother-Teresa-It-is-a-kingly-act-to-assist-the-fallen.-―-Mother-TeresaCHARITABLE REMAINDER TRUSTS

A CRT may be something to consider if you need income, a tax deduction and still want to make sure your family and favorite charities are taken care of when you pass.  There are many other types of charitable trusts and estate planning methods to consider.  To learn more, contact Dan Haskins at 530-242-5920 or by email at dhaskins@gnrm.org.


SO MUCH MORE…

 

 

There’s simply too much information on gift planning to include here.  We could include things like gifts of real estate, securities like stocks and bonds, works of art and life insurance.  Whatever your situation, we’ll work with you and your legal, tax and financial professionals to explore the best possible solutions.  In the meantime, here are a few easy steps to keep in touch and get the information you need:

 

 

  1. Sign up for our newsletters and seminar invitations.
  2. Watch our home page and emails for upcoming estate planning seminars.
  3. Call or email us with your questions, at 530-242-5920 dhaskins@gnrm.org.