The Legacy Society was created to help meet the challenge of financial sustainability by encouraging individuals and families to include Human Options in their estate and tax planning.
Each of the following ways of supporting Human Options has an income tax benefit to you and will generally resulting in a gift to the organization that is considerably larger than the after-tax costs to you.
The Legacy Society honors donors who support Human Options in the ways listed below:
A gift to Human Options in your will enables you to retain all of your assets during your lifetime and/or the life of your spouse. Designations to Human Options may be for a percent of your estate or for a specified gift amount.
Gift Annuities
When you transfer cash or securities of more than $10,000 to
Human Options, the annuity will guarantee you a fixed stream of income
for life. The income will flow to you (and to your spouse, if you desire),
after which the remaining principal of the annuity becomes a gift to
Human Options. This provides a current income tax savings and possible
gains savings.
Life Insurance
When the added protection of an insurance policy is no longer needed,
transferring the policy's ownership to Human Options can result in
tax benefits for you and a generous gift for Human Options. Human
Options can also be included as a beneficiary, contingency beneficiary
or doner of a new or existing policy.
Charitable Trusts
A Charitable Trust can provide income to you and your spouse as long
as either of you live. Thereafter, the trust principal goes to Human
Options. You may name other charities as principal recipients as well.
Charitable Lead Trusts
A Charitable Lead Trust may be appropriate if you have ample income now and
desire to retain ownership of the trust principal to meet future financial
goals for your family. Income is directed to Human Options for the specific
term of the trust, after which time the principal returns to you or to
designated survivors.
Retirement Funds
For those who may have significant retirement plan assets, potential estate
and income taxes can be avoided by making Human Options the beneficiary
of any unused plan assets. This may provide a substantial taxes savings.
Outright Gift
A direct gift of cash, appreciated securities or real property is
a convenient way for you to make a contribution to Human Options' Endowment
Fund.
We are proud to share with you that Human Options' Endowment Fund is managed by Orange CountyCommunity Foundation.