Frequently
Asked Questions
With so many ways to support
Hattie Larlham, finding best solution can
be confusing. To this end, we've provided
this list of questions we're frequently
asked by our donors.
More frequently asked
questions and detailed information can be
found in the planned
giving section.
How can a make
a quick, easy gift?
By donating cash, securities
or personal property, you can receive an
income tax deduction and avoid capital gains
tax.
If I make a gift,
will my information be sold to a third-party
vendor?
Never. The Hattie Larlham
Foundation respects the privacy of all its
donors. Our policy strictly prohibits selling,
renting or exchanging our donors' information.
How can I make
a revocable gift during my lifetime?
Creating a revocable living
trust that names Hattie Larlham as beneficiary
of your assets gives you control of the
trust throughout your life and possible
estate tax savings.
How can I defer
a gift until after my death?
Naming Hattie Larlham
as a bequest recipient in your will provides
a donation exempt from federal estate taxes.
How can I make
a large gift at a small cost?
Giving us a life
insurance policy with Hattie Larlham
as the owner and beneficiary will create
a current income tax deduction and possible
future deductions.
How can I avoid
the double taxation on retirement plan assets?
Naming us as a beneficiary
of the remainder of a retirement
plan asset after your lifetime will
avoid a heavily taxed gift to heirs and
allow less costly gifts.
How can I avoid
capital gains tax on the sale of my home
or other real estate?
If you donate the property
to us or sell it to us at a bargain price,
you receive an immediate income tax deduction
and avoid capital gains tax.
How can I donate
my personal residence but continue to live
there?
By creating a retained
life estate, you designate the ownership
of the home to Hattie Larlham, but you retain
occupancy for the remainder of your lifetime
and receive a charitable income tax deduction.
How can I receive
a fixed and often increased income via a
charitable contribution?
Creating a charitable
remainder annuity trust will provide
a set income annually for life and also
an immediate income tax deduction.
How can I make
a charitable gift while creating a long-term
hedge against inflation?
Establishing a charitable
remainder unitrust will pay you a percentage
of the trust’s assets, valued annually.
You will receive annual income for life
that has the potential to increase and an
immediate income tax deduction
How can I make
a donation while supplementing my income?
A simple contract with
us called a charitable
gift annuity will provide you with fixed
payments annually for life and current and
future savings on income taxes.
How can I make
a philanthropic gift and still reduce gift
and estate taxes on assets passing to my
heirs?
By creating a charitable
lead trust that pays a fixed or variable
income to Hattie Larlham for a set term
and then passes to your heirs, you will
reduce the size of your taxable estate,
keep property in your family and possibly
reduce gift taxes.
For more detailed information
about how to support Hattie Larlham through
planned giving, visit the chairitable trusts
and funds frequently asked questions.
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