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New Vista Community Members
Each year in January we have our membership drive to
help raise funds for the organization’s programs.
For a $25 donation members receive a New Vista Community
lapel pin and our quarterly newsletter. Being a member
of New Vista Community also gives you a vested interest
in New Vista. Each January our membership comes together
for the annual meeting where members can vote and have
a preview of what our elected board of trustees are
planning for the year.
To become a member anytime of year, you can contact
Michelle
Jackson, Director of Development or call 702.457.4677.
PLANNED GIVING TECHNIQUES
Most people think of their assets as being owned by them and their family. In reality the IRS can actually own as much as 75% of those hard earned assets! The government’s ownership in the form of taxes including capital gains, excise, gift and estate taxes is sometimes referred to as “Social Capital”.
“Planned Giving” is the process of redirecting this social capital from the wasteful government spending to specific causes selected by the rightful owners. In many instances, planned giving also results in redirecting some of this social capital back to you and or your heirs; it also allows you to leave a lasting legacy that can change lives for many generations to come.
Below is a summary of the benefits of the most popular planned giving techniques. More information for each of these techniques is available by clicking on the technique title.
Bequest in Will or Living Trust
- Leave a charitable legacy
- Reduce estate taxes.
- Retain control over assets during your lifetime.
Gift of Life Insurance
- Immediate income tax deduction.
- Make a larger bequest for pennies on the dollar.
- Reduce estate taxes
Gift of Retirement Assets (IRA, 401k etc.)
- Reduce size of your estate for death tax calculations
- Avoid double taxation (income & estate) of up to 75% on retirement plan funds.
Charitable Gift Annuity
- Tax-free sale.
- Immediate income tax deduction.
- Higher income with partially tax-free payments.
Life Estate Agreement
- Immediate income tax deduction.
- Removes asset from taxable estate.
Charitable Remainder Trust
- Tax-free sale
- Immediate income tax deduction.
- Greater income for life.
- Ability to control assets during your lifetime.
Charitable Lead Trust
- Large gift to heirs
- Little or no gift or estate taxes.
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