A Thoughtful Resolution for 2010

The year 2010 could be a timely one for charitable contributions, particularly if you:

• Decide to sell real estate, stocks or other investments at a profit.  Prior to any sale, you can give us a portion of the asset, avoid some capital gains taxes and receive a deduction for the fair market value of the portion we receive (if you have owned the asset more than one year).
• Make or amend your will or living trust.  Please call us about including a bequest for our future as part of your planning.
• Sell a business interest.  Before finalizing any sale, you might contribute shares of stock or a partnership interest with excellent tax results and assistance for our programs.
• Roll over certificates of deposit.  Transferring savings in exchange for a charitable gift annuity will entitle you to a charitable deduction and large annual payout that is partly tax free.
• Name beneficiaries for life insurance or retirement accounts.  It’s easy to include us as one of your beneficiaries, and you may save considerable taxes for your estate, as well.

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