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OTHER
WAYS TO SUPPORT THE NEVADA TEST SITE HISTORICAL
FOUNDATION:
Gifts of Stock - this is almost as easy to do as gifts of cash.
When you transfer appreciated stock
to NTSHF, you will be eligible to take an
immediate income tax deduction and bypass
tax of the appreciation (capital gains) of
the stock.
Bequests - Bequests to NTSHF can reduce the taxes on an
individual's estate.
If you are interested in making a
bequest to NTSHF, you can either make a
bequest of a specific amount of money or
property (such as 100 shares of XYZ stock)
or a bequest of a percentage of the
estate.
Sample language for a bequest could
be worded something like:
FOR
A SPECIFIC BEQUEST:
"I,
(name of donor), give (specific amount)
to the Nevada
Test Site Historical Foundation, having
its offices at 755 E. Flamingo Road, Las
Vegas, NV, 89119 for its general purposes."
FOR
A PERCENTAGE BEQUEST:
"I,
(name of donor), give (a specific percentage)
of my estate to the Nevada Test Site Historical
Foundation, having its offices at 755 E.
Flamingo Road, Las Vegas, NV, 89119 for
its general purposes."
A third type of bequest is a residual bequest in which
the donor leaves the remainder of the
estate, after all other gifts and expenses
are taken care of, to the Nevada Test Site
Historical Foundation.
Life Insurance - Life insurance policies provide surviving beneficiaries
with a death benefit.
If you wish to include NTSHF as a
beneficiary of a life insurance policy,
you may do so - in consultation with your
financial advisor and family members.
There is no charitable deduction
for this gift because the gift is only
realized at the donor's passing.
You can also make NTSHF the owner
and beneficiary of a life insurance
policy.
Premiums paid by the donor may then
be tax-deductible.
Other Deferred Gifts - Also known as Life Income Gifts, these gifts allow you
to retain some interest in the asset you
use to make the gift.
For example, you can establish a
charitable remainder trust with cash,
securities, or property. During your lifetime or a within a certain period of time,
the trust pays out a fixed percentage of
annual earnings or amount from these
earnings.
The "remainder," which
ultimately passes to NTSHF, is
tax-deductible at the time that the
trust is established.
Tax deduction is based on such
factors as the age of the income
beneficiary, the amount or percentage to
be paid out, and the dollar amount
transferred to the trust.
As
with any gift arrangement, please consult
your financial advisor before making a gift
to NTSHF.
If you are interested in learning more about how you
can benefit NTSHF, please send your inquiry
to [email protected]
and we will arrange for you to speak with
one of our NTSHF board members or the
Director of the Atomic Testing Museum. |