Planned Giving

There are many arrangements for charitable estate planned giving.  The following options are rather typical, but not exhaustive of the many possibilities.  We would be pleased to discuss these or other options with yourself and/or your financial advisor.

• Charitable Gift Annuity:  A simple device  to make meaningful gifts while also providing for future financial well-being. A Charitable Gift Annuity makes it possible to give cash or marketable securities (such as stocks, bonds or mutual funds, etc.) to Hogar Infantil. In exchange, you and/or someone you designate will be assured a guaranteed lifetime income benefit. There are significant income tax savings. Charitable Gift Annuities can begin paying benefits immediately or deferred to a future date of choice.
• Donation of Appreciated Securities: Marketable securities which have a value higher than that which you paid may be donated directly to Hogar Infantil.  You may deduct the full appreciated value of the contribution, thereby helping Hogar Infantil while not having to pay tax on the gain in value.
• Your Will:  After providing for the needs of your loved ones,  you can use your Will to make a gift of a dollar amount, a specific property or a percentage of your estate; you may also donate the unspecified remaining value after you have cared for your loved ones.
• Revocable Living Trust:  You may choose to rely on a Revocable Living Trust to pass your property to loved ones while minimizing probate costs. This can add a charitable dimension to your plan. At the termination of your Revocable Living Trust, you can provide that a portion of the assets in the Trust be gifted to Hogar Infantil. Much like a charitable bequest through a Will, such a gift is deductible from estate taxes and can take effect after you have cared for your loved ones.
• Charitable Remainder Trust:  This is a way to make a gift that allows you to provide income from your property for life or for a period of time you specify. Your funds are held separately and invested for the term of the Charitable Remainder Trust (CRT). When the Trust terminates at the death of the income recipient(s), or at the end of the term of the Trust, the value remaining in the Trust is distributed to Hogar Infantil. There is a substantial charitable tax deduction, which will reduce federal estate taxation.
• Charitable Lead Annuity Trust:  This vehicle is for those who wish to make a substantial gift over a period of years while ensuring that their property will ultimately return to their loved ones. The Charitable Lead Annuity Trust (CLAT) is one of the few ways to reduce or eliminate taxes that otherwise would be due on assets left to children or grandchildren. The Trust is based on assets transferred at death, with the income payable to Hogar Infantil for the term of the Trust, which is determined by you. The assets in this Trust, at the expiration of the term of the Trust, are distributed to your loved ones for whom you have worked a lifetime.
  
  There is substantial opportunity to use both Trust options, Charitable Remainder Trust and Charitable Lead Annuity Trust in combination to create income and inheritance benefits.
• Life Insurance:  One of the simplest ways to make a significant gift in the future is to name Hogar Infantil as beneficiary to receive all or a portion of the proceeds of a policy no longer needed for its original purpose. Another way to make a gift of life insurance is to purchase a new policy naming Hogar Infantil. as beneficiary. Should you designate Hogar Infantil as the irrevocable owner and beneficiary, there are important tax savings to which you would be entitled.