United Way of the National Capital Area offers many opportunities to leave a legacy with your philanthropy through planned giving and estate planning.

Jan 09, 2020

by United Way NCA

As a new resource for you, each quarterly newsletter will highlight different planned giving opportunities, including IRA related giving, Charitable Gift Annuities, Donor Advised Funds, gifts of appreciated stock, and bequests through wills and estate plans.

For this quarter’s newsletter, we focus on the incredible tax benefits of the various types of planned gifts.

Tax season is fast approaching! As you begin to collate your materials for this year’s tax season, we hope you will consider making a planned gift to YOUR local United Way.

These may include IRA distributions, charitable gift annuities, life insurance policies, revocable trusts, gifts of stock and appreciated securities, or including United Way NCA in your estate plans.

By including United Way NCA in these plans today, you will see immediate tax savings while providing crucial funds for the fight for our community’s health, education, and financial stability for generations to come.

Planned gifts made payable to United Way NCA are exempt from estate tax and will not affect your assets or cash flow during your lifetime. These can include bequests or designating us as a beneficiary in a life insurance policy or IRA.

If you choose to donate appreciated stock, securities, or other assets, you will receive a charitable deduction for the full market value of the asset and pay no capital gains tax on the transfer.

A life income gift through a charitable gift annuity allows you to make a significant gift from capital assets. You will receive an immediate income tax deduction, will be able to remove an asset from your potential gross taxable estate, and you will receive income for yourself or a loved one for life.

The work we complete daily is fueled entirely by the passion and commitment from philanthropists like you and we are grateful for your investment. To learn more, please email philanthropy@uwnca.orgor call 202-488-2010.

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