Planned Legacy Giving

How It Works

Many faithful supporters who volunteer and give financial gifts wish they could give even more, but feel there is just no more room in the family budget. With a little creativity, planned giving can allow these generous partners to make larger gifts than they had ever thought possible. And with careful planning, results can include increased retirement income, reduced income, capital gains and estate taxes, and a legacy of prosperity for those working to build their own prosperity.

Wills and Family Trusts
Your estate plan can provide you with a variety of ways to help provide decent shelter for families in need.
In your will you may decide to leave NEW:

  • a specific amount of money
  • all or a percentage of your estate
  • remainder of estate after loved ones have been provided for

A gift to NEW in your will is a meaningful way to create a memorial that lives on to help families avoid the indignity of poverty . Simply ask your attorney to include a bequest in your will.

Gift Annuities
You’d like to help, but need the income. Or you may have highly-appreciated stock that pays a low dividend, but you don’t want to trigger the capital gain. Whether funded with cash or stock, a gift annuity will provide a handsome cash flow that may be partly tax-free. You’ll also get a partial tax deduction now. If you transfer your stock to the gift annuity, you can significantly reduce the capital gain, and spread the rest of it out over a number of years.

The best part is, you have left behind a legacy, that helps to build NEW Prosperity for families in need.

Stock Transfers
Do you have some shares of long-term appreciated stock you won’t need? You can simply transfer these shares directly to NEW Economics for Women.

You get a full tax deduction for the entire market value, avoid the capital gains tax, and do your part in helping to create a world of possibilities and prosperity.

Minimum IRA Distribution after Age 70½
Are you forced to take money you don’t really need from your IRA accounts each year just so you can pay taxes on it? If so, you can change the world for a deserving family, and perhaps ease your tax pain at the same time. Simply write a check for the same amount as your required IRA distribution to NEW Economics for Women, and if you itemize, you may be able to eliminate some or all of your tax liability on the transaction.

Defusing the IRA Tax Time Bomb

If you hope to leave IRA or pension plans to your heirs, they could be in for a rude surprise. Some estates will suffer double taxation on these assets, and end up losing 50% or more to taxes!
If you are worried about this possibility, give us a call. There may be some strategies available that can help you preserve more of your estate for your family while still furthering NEW’s ability to empower families to thrive.

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Llife Insurance Policies
Many families own life insurance policies that have outlived their original purpose, and which can aggravate estate taxes if not treated with care. Often, these old policies can be used to create a NEW life for a family in a clean, comfortable home. Also, setting up a new life insurance policy can sometimes be used to make giving a larger gift to NEW more convenient and affordable.

Our legal name and address are:
NEW Economics for Women
303 South Loma Drive
Los Angeles, CA 90017

Our tax ID number is: 95-3969029

If any of these Planned Giving options are of interest to you please contact us if you have any questions.