Giving back to our community’s elders is a win-win situation; they benefit by continuing to lead a full, healthy life while aging in place, and you benefit by knowing that you have made a difference in the lives of Boulder’s seniors.
Here are some of the ways that you can include Golden West Foundation in your planning:
Charitable Gift Annuities
Dozens of people have taken advantage of the benefits of gift annuities for the Golden West Foundation. A gift annuity provides consistent and steady income, while also allowing for a gift to Golden West Foundation at your death.
Charitable Remainder Trusts
You can create a charitable remainder trust to make a significant, tax deductible gift to Golden West Foundation while retaining your right to receive income from the asset for the rest of your life or a term of years set at the start of the trust.
Charitable Lead Trusts
This is a great way to put an asset to work while you’re still alive. You support a cause with income until the trust ends and then pass on assets to your family, possibly avoiding some transfer and gift taxes when you do so.
Other Ways to Give
You might consider making a gift of retirement assets, life insurance and other assets such as real estate and securities to the Golden West Foundation. There are often tax advantages to doing so, and you can support Golden West’s commitment to make your community a better place for seniors for generations to come.
Please contact Maegan Ball at 303-939-0897 or by email at firstname.lastname@example.org if you have put Golden West Foundation in your plans or if you have any questions about planned giving.
For help with your planning for giving, please contact a member of the Financial Planning Association.
And consider contacting a local attorney.