Increased income may not be your primary objective. Instead, as your needs and lifestyle change, you may be wondering how you will deal with some highly appreciated property or a growing family business. Will taxes consume much of the value that you have worked so hard to grow? Will anything be left for you and your family?
We have several options that help you meet your personal goals, save on taxes, and make a gift to Voices of Variety at the same time.
The Benefits
Here are some of the benefits you can take advantage of:
- You can contribute your personal residence or farm, take a significant income tax deduction, and continue to live there for life.
- You can sell us your home, farm or other asset for less than its full value and then take an income tax deduction for the difference. It is also possible to receive some payments for life.
- You can receive a sum of cash in return for your gift, and apply the cash toward any financial need.
- You can greatly reduce the estate tax cost of passing appreciating assets on to your children.
Popular Giving Arrangements
Charitable Bargain Sale
Your lifestyle is changing. You want to make a gift to us, but you also need cash to meet your obligations, or an assured stream of income for retirement. Learn more about a Charitable Bargain Sale.
Retained Life Estate
Your home is your biggest asset. How can you make a gift to us and continue living there? Learn more about a Retained Life Estate.
Charitable Lead Trust
Your hard work has paid off and your business is growing. How can you preserve some of its value for your family? Learn more about a Charitable Lead Trust.
We can show you creative ways to use your assets to benefit Voices of Variety, while at the same time preserving the benefits of those assets for you and your family.