Gifts that Benefit Your Heirs
Many Little Pink Houses of Hope donors want to do more to help us, but also want to make sure that the people they love most receive benefits as well.
Many Little Pink Houses of Hope donors want to do more to help us, but also want to make sure that the people they love most receive benefits as well.
A charitable lead trust is a way of making a gift to Little Pink Houses of Hope that enables you to reduce gift and estate taxes while controlling the timing of passing assets to your children and grandchildren.
You contribute securities or other appreciating assets to a charitable lead trust. The trust makes annual payments to Little Pink Houses of Hope for a period of time. When the trust terminates, the remaining principal is paid to your heirs.
Benefits to You:
A charitable remainder unitrust with Little Pink Houses of Hope can provide you and/or other beneficiaries with income for life or for a fixed number of years. Your donation of either appreciated securities or real estate enables you to receive an immediate income tax deduction for a portion of your contribution to the unitrust and savings on capital gains taxes as well. Your significant gift will benefit you now and the families served by Little Pink Houses of Hope later. This type of gift enables you to do the following:
Charitable gift annuities are a popular way of providing financial security to a loved one. You make an irrevocable donation of at least $25,000 to create a gift annuity with two beneficiaries, for example, 2 adult children. You receive fixed annual payments for as long as either beneficiary lives at a beneficial payment rate and a charitable deduction.
You enjoy the pleasure of knowing that your gift benefits you now and, in the future, funds more life-changing retreats for Little Pink families.
Because retirement plans are taxed differently than most assets, they may actually become a tax liability. Naming Little Pink Houses of Hope a beneficiary of your retirement account can be an attractive option for leaving a legacy and reducing income and possibly estate taxes for your loved ones. Making Little Pink Houses of Hope a beneficiary of a retirement account is easy. Simply ask your plan administrator for a beneficiary designation form and include Little Pink Houses of Hope as beneficiary of a specific percentage of the account value or as a contingent beneficiary.
Legal Name: Little Pink Houses of Hope
Address: 2442 Tribek Ct. Burlington NC 27215
Federal Tax ID Number: 27-3365488
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.