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Plan Your Future Charitable Giving
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"LEAVE A LASTING LEGACY"
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What comes to mind when you think of Habitat? Perhaps the hours you’ve spent volunteering alongside a family to help them achieve their dream of homeownership or perhaps the smiles on the faces of the children as we’ve dedicated their beautiful new home. Whatever your personal Habitat experience, as a supporter of Charlotte County Habitat for Humanity you understand the value of owning a home and the importance your contribution has made in the life of a hard-working, low income family. You can help provide homeownership opportunities for generations to come by remembering Charlotte County Habitat for Humanity in your estate planning.
Planned giving is a way to plan your charitable contributions for the future and may help to preserve the assets you leave to your heirs and may offer important income and or estate tax benefits to you.
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DID YOU KNOW….Alwin Ernst, founding partner of Ernst & Young, through lack of planning, lost 56% of his estate ($7.1 million) in taxes. This contribution will finance the interest on the federal debt for 40 seconds. With proper planning, that $7.1 million could have been a contribution to a worthy charity! Conversely, John Rockefeller, Sr., only lost 3% of his estate in taxes and gave the rest to charity. Which of these two men do you feel created a more profound legacy?
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3 EASY PLANNED
GIVING OPTIONS
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Donated assets such as stocks, bonds, mutual funds or real estate may provide you with an income tax deduction based on the fair market value of the gift and eliminate all capital gains taxes. This would allow you to make a substantially greater gift (typically between 45-70 percent) than you otherwise would have thought possible for the same out of pocket cost.
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A bequest to Charlotte County Habitat for Humanity is as simple as adding an amendment to your will stating, I give ($ or %) of my estate to Charlotte County Habitat for Humanity. This is the most common planned gift and it may provide you with valuable estate tax savings.
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One of the simplest ways to make a significant contribution is to give a life insurance policy to Charlotte County Habitat for Humanity. You may do this in a number of ways; give a policy you no longer need, take out a new policy or name Charlotte County Habitat for Humanity as a beneficiary of an existing policy. This may provide you with income and estate tax savings.
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Please consult your tax, financial or legal advisor concerning any gift arrangements you are considering as they can best advise you about your unique situation.
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Donate to our Gulf Coast Gives Project by clicking on the link below
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LEAVE A LASTING LEGACY - Help provide homeownership for generations to come by remembering Charlotte County Habitat for Humanity in your estate planning – it’s a gift that keeps on giving. Click here for more information...
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Main Office
1750 Manzana Ave.
Punta Gorda, FL 33950
Ph: (941)-639-3162
Fax: (941)-639-7414
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