401 Skitchewaug Trail
802-885-3997 ¨ Fax: 802-885-1346
An Overview of
Individuals who love
animals frequently provide for them in their financial planning.
Here is some information on vehicles for giving for those who wish to support the
Springfield Humane Society in some pre-planned manner.
For further information please contact:
Tom Browe, Executive Director
(All inquiries are confidential.)
information is provided as an educational service.
Personal advisors should always be consulted in the planning process.)
The most common way to make an immediate gift is by writing a check.
This type of cash gift provided immediate liquidity for the charity and generates a
charitable income tax deduction for the donor in the year of the gift.
Gifts of Stock or Bonds
A gift of stocks or bonds may provide the donor with a greater tax
If you have owned securities for more than one year and the fair market
value has increased since you purchased them, you can avoid capital gains tax
and receive a charitable income tax deduction equal to the fair market value.
A Gift of Real Estate
A gift of real estate that has been held for more than one year has
of providing you with a charitable deduction based upon the current fair market value,
as well as bypassing capital gains tax on the appreciation.
Charitable Remainder Trust
With the CRT it may
be possible to bypass capital gains tax on the sale
of highly appreciated assets, generate an increase in income, receive a
charitable income tax deduction, and fulfill your giving objectives.
The CRT is a legal trust that can be constructed to produce a predictable
annuity payment each year or take advantage of investment growth
opportunities in the trust principal.
The best known method of giving, other
than writing a check,
is the bequest. A bequest establishes your wishes today without
giving up needed assets during your lifetime.
With a bequest you can transfer a specific asset or a percentage
of the estate after costs and taxes.
Paid Up Life Insurance Policy
By designating a qualified charity as owner and beneficiary
of such a policy, you will receive a charitable income tax deduction that,
in most cases, is equal to your cost basis in the policy.
many as 70% of Americans do not have a Last Will & Testament!
will have no say in what happens to any portion of your estate.
proper planning all of the above problems can be eliminated.
Do not delay…..Plan today!