Create a gift that provides hope!

Thank you for your consideration in making a planned gift to HALSA. A planned gift benefits everyone involved and may satisfy your estate planning objectives while reducing your tax liabilities.

A planned gift differs from an outright gift in several ways:

• A planned gift usually consists of an asset other than cash.
• The asset may be conveyed either immediately, or at a future date.
• Various types of a planned gift entitle you to immediate or future tax benefits.
• A planned gift often requires a legal instrument and services of a professional.

Examples of planned gifts:

Bequest: Giving to a charity through your will can reduce various estate tax liabilities. You may name HALSA as a beneficiary of a retirement plan, insurance policy, or financial account. After your lifetime, the asset will transfer to HALSA without going through probate and your estate will be entitled to a charitable deduction for the amount of the gift.

Life Insurance: Major tax advantages can be gained by naming HALSA as irrevocable owner and beneficiary of either an existing, or new policy. Future premium payments can be made to HALSA to pay ongoing premiums while qualifying as an annual charitable deduction. An immediate charitable deduction, roughly equivalent to the cash surrender value of the policy, can be taken in the year of the transfer. You can also name HALSA as a beneficiary of a life insurance policy through your employer.

Retirement Plan Assets: IRA, 401K, 403(b) and other retirement plans can list HALSA as a beneficiary. Including HALSA as a beneficiary enables you to avoid substantial income taxes that would have been due if a retirement plan were left to non-spousal heirs. It is strongly advised that you name HALSA as a beneficiary of a retirement plan through your designation form and not through your will, which may jeopardize tax benefits.

Savings Accounts: Designating HALSA as a beneficiary of a savings account is easy and allows full access to the account during your lifetime.

Securities: If you itemize your tax returns, gifts of securities entitle you to a federal income tax charitable deduction. In the case of appreciated securities, you may deduct the full fair market value of your gift once you have held onto the securities for at least one year. You are permitted to carry any unused deduction forward for up to five additional years. In addition, you will avoid paying capital gains tax on the stock you donated to HALSA.

Concerning Stocks, the use of electronic transfers are made without identifying the donor. Therefore please alert us in advance about the stock and number of shares you plan to give. You can do so by emailing development@halsaservices.org, or calling 213-637-1028. According to IRS regulations, the date of your gift corresponds to the date it arrives in the charity's possession, or charity's brokerage firm (when transferring from broker to broker).

Please feel free to call Matt Durkan, Director of Development to discuss how your planned gift will best suit your needs. All discussions are confidential and without obligation or charge.

HALSA recommends you consult your own financial or legal advisor before making a planned gift.