The HDSA Heritage Club
-- An Individual Lifetime Partnership Planned Giving Options
Become a member of the HDSA Heritage Club and help ensure our shared dream. of a cure for HD. When you remember HDSA in your estate plans, you are providing HDSA the power to continue its work in years to come.
Heritage Club members are dedicated individuals who believe in the HDSA mission and who want to guarantee HDSA's financial security -- well into the future. The Gift Planning staff at HDSA is ready to assist you in meeting your financial need. They can:
Planned giving involves integrating your charitable gift into your overall financial, tax and estate planning objectives to maximize benefits for you and for HDSA. Make a contribution to HDSA and receive valuable tax advantages. Careful planning of your will, trust, insurance policy, stock investments and other financial vehicles and including HDSA in those plans will make beautiful things happen for you and HDSA.
Note: HDSA recommends you consult your own tax and/or legal advisor prior to
making a planned gift. Here are some options to consider as you plan:
Wills and Bequests
Leaving funds to HDSA is a meaningful way to ensure HDSA's future financial and security while you save on estate taxes. A bequest to HDSA, fully deductible for estate tax purposes, might place your estate in a lower tax bracket. You may bequest cash, property or appreciated securities.
An unrestricted gift enables HDSA to use the funds to support whatever programs t deems most urgent at the time. Or you can specify how your gift will be used. If you plan to make a restricted gift, kindly contact HDSA to ensure that we can meet the conditions specified in your will.
Suggested wording for a Specific Bequest: "Leave [dollar amount] to the Huntington's Disease Society of America, a non-profit corporation having its principal office at 505 Eighth Avenue, Suite 902, New York, NY 10018, or its successor, to be used for general purposes of the organization."
Suggested wording for a Residual Bequest: "All the rest, residue and remainder
of my estate, real and personal, give, devise and bequeath to the Huntington's
Disease Society of America, a non-profit corporation having its principal office
at 505 Eighth Avenue, Suite 902, New York, NY 10018, or its successor, to be
used for general purposes of the organization.
Please review our Gift Planning Options:
Charitable Remainder Trust
A legal agreement under which a donor funds a trust that provides income to the
beneficiaries for life, or for a term of years, after which the remainder of the trust
is distributed to HDSA and/or to other charitable organizations.
This kind of trust allows you to lower your tax impact by your pledging
some of your assets to HDSA while you receive yearly income payments.
For the donor who has highly appreciated, non-income or low income-producing
assets, converting those assets into income can result in high capital gains taxes
on the appreciation. By transferring the asset to a charitable remainder trust,
the donor can create a tax-free environment in which to sell the appreciated asset.
This enables the trustee to reinvest the entire proceeds and produce a higher
income stream. There are several different types of trusts that you can establish
with HDSA as a beneficiary that will reduce your tax burden.
Charitable Remainder Unitrust
The most common kind of trust vehicle. After establishing this trust, the donor
receives an annual lifetime income. Upon the donor's death, the charity
receives the rest of the trust. In this kind of trust, the donor usually retains the
right to a fixed percentage of the fair market value of the trust assets, to be
valued annually. If the value of the trust assets increases, so does the annual
return. If the value of the trust assets decreases, the annual return decreases.
Charitable Remainder Annuity Trust
Similar to the Unitrust above but pays a fixed dollar annuity each year, year
after year. The increase or decrease in the value of the trust does not affect
the yearly payout to the donor.
Charitable Lead Trust
This trust is the opposite of a charitable remainder trust. It is an excellent method
of supporting HDSA while you are alive. When you establish a Charitable Lead Trust, HDSA receives income for a set number of years. At the end of the set time period, your heirs inherit the assets of the trust.
Life Insurance
The easiest type of planned gift to make to HDSA. Most people own life insurance policies. Many have outlived their original purpose. By contributing your policy to HDSA, you are entitled to a tax deduction for the policy's full cash value. You can transfer ownership of a policy to HDSA or simply name HDSA as a primary or secondary beneficiary of the policy.
Important Note: In all cases, it is advisable for you to consult your own
financial planner, tax or legal advisor when you consider making
a planned gift to HDSA.
For more information or to join HDSA's Heritage Club, contact HDSA's
National Executive Director/CEO, Barbara Boyle at bboyle@hdsa.org
or write to HDSA's National Office in NY.
-- An Individual Lifetime Partnership Planned Giving Options
Become a member of the HDSA Heritage Club and help ensure our shared dream. of a cure for HD. When you remember HDSA in your estate plans, you are providing HDSA the power to continue its work in years to come.
Heritage Club members are dedicated individuals who believe in the HDSA mission and who want to guarantee HDSA's financial security -- well into the future. The Gift Planning staff at HDSA is ready to assist you in meeting your financial need. They can:
- Provide gift plans that benefit you and your family
- Help you acquire immediate and deferred tax advantages to both you
- Direct you in making a significant impact on HDSA and our goals
Planned giving involves integrating your charitable gift into your overall financial, tax and estate planning objectives to maximize benefits for you and for HDSA. Make a contribution to HDSA and receive valuable tax advantages. Careful planning of your will, trust, insurance policy, stock investments and other financial vehicles and including HDSA in those plans will make beautiful things happen for you and HDSA.
Note: HDSA recommends you consult your own tax and/or legal advisor prior to
making a planned gift. Here are some options to consider as you plan:
Wills and Bequests
Leaving funds to HDSA is a meaningful way to ensure HDSA's future financial and security while you save on estate taxes. A bequest to HDSA, fully deductible for estate tax purposes, might place your estate in a lower tax bracket. You may bequest cash, property or appreciated securities.
An unrestricted gift enables HDSA to use the funds to support whatever programs t deems most urgent at the time. Or you can specify how your gift will be used. If you plan to make a restricted gift, kindly contact HDSA to ensure that we can meet the conditions specified in your will.
Suggested wording for a Specific Bequest: "Leave [dollar amount] to the Huntington's Disease Society of America, a non-profit corporation having its principal office at 505 Eighth Avenue, Suite 902, New York, NY 10018, or its successor, to be used for general purposes of the organization."
Suggested wording for a Residual Bequest: "All the rest, residue and remainder
of my estate, real and personal, give, devise and bequeath to the Huntington's
Disease Society of America, a non-profit corporation having its principal office
at 505 Eighth Avenue, Suite 902, New York, NY 10018, or its successor, to be
used for general purposes of the organization.
Please review our Gift Planning Options:
Charitable Remainder Trust
A legal agreement under which a donor funds a trust that provides income to the
beneficiaries for life, or for a term of years, after which the remainder of the trust
is distributed to HDSA and/or to other charitable organizations.
This kind of trust allows you to lower your tax impact by your pledging
some of your assets to HDSA while you receive yearly income payments.
For the donor who has highly appreciated, non-income or low income-producing
assets, converting those assets into income can result in high capital gains taxes
on the appreciation. By transferring the asset to a charitable remainder trust,
the donor can create a tax-free environment in which to sell the appreciated asset.
This enables the trustee to reinvest the entire proceeds and produce a higher
income stream. There are several different types of trusts that you can establish
with HDSA as a beneficiary that will reduce your tax burden.
Charitable Remainder Unitrust
The most common kind of trust vehicle. After establishing this trust, the donor
receives an annual lifetime income. Upon the donor's death, the charity
receives the rest of the trust. In this kind of trust, the donor usually retains the
right to a fixed percentage of the fair market value of the trust assets, to be
valued annually. If the value of the trust assets increases, so does the annual
return. If the value of the trust assets decreases, the annual return decreases.
Charitable Remainder Annuity Trust
Similar to the Unitrust above but pays a fixed dollar annuity each year, year
after year. The increase or decrease in the value of the trust does not affect
the yearly payout to the donor.
Charitable Lead Trust
This trust is the opposite of a charitable remainder trust. It is an excellent method
of supporting HDSA while you are alive. When you establish a Charitable Lead Trust, HDSA receives income for a set number of years. At the end of the set time period, your heirs inherit the assets of the trust.
Life Insurance
The easiest type of planned gift to make to HDSA. Most people own life insurance policies. Many have outlived their original purpose. By contributing your policy to HDSA, you are entitled to a tax deduction for the policy's full cash value. You can transfer ownership of a policy to HDSA or simply name HDSA as a primary or secondary beneficiary of the policy.
Important Note: In all cases, it is advisable for you to consult your own
financial planner, tax or legal advisor when you consider making
a planned gift to HDSA.
For more information or to join HDSA's Heritage Club, contact HDSA's
National Executive Director/CEO, Barbara Boyle at bboyle@hdsa.org
or write to HDSA's National Office in NY.