Legacy Planning – Catholic Community Foundation of Santa Clara County

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Thoughtful consideration of the legacy you want to leave will have a meaningful impact on you faith, friends, family and community.

Planning for your loved ones

Having these important documents in place will protect your family from unnecessary burden. Contact us today to discuss how you can achieve peace of mind for your family.[/et_pb_text][et_pb_toggle admin_label=”Will toggle” title=”Will” open=”off”]A document to plan for the distribution of your assets[/et_pb_toggle][et_pb_toggle admin_label=”Living will toggle” title=”Living will” open=”off”]A document that explains your end of life medical wishes[/et_pb_toggle][et_pb_toggle admin_label=”Ethical wills and legacy letters toggle” title=”Ethical wills and legacy letters” open=”off”]A document that shares your personal experience and values[/et_pb_toggle][et_pb_text admin_label=”HEADING Planning to Help Others” background_layout=”light” text_orientation=”left”]

Planning to Help Others

[/et_pb_text][et_pb_toggle admin_label=”Bequest toggle” title=”Bequest” open=”off”]A gift you make in your will to a fund or organization that will save you estate tax[/et_pb_toggle][et_pb_toggle admin_label=”Charitable Gift Annuity toggle” title=”Charitable Gift Annuity” open=”off”]A Charitable donation that provides you a tax deduction and payments for life[/et_pb_toggle][et_pb_toggle admin_label=”Charitable Remainder Trust toggle” title=”Charitable Remainder Trust” open=”off”]A Charitable donation that provides you a tax deduction and payments for life[/et_pb_toggle][et_pb_toggle admin_label=”Charitable Lead Trust toggle” title=”Charitable Lead Trust” open=”off”]Utilize current assets to make charitable donations now and transfer ownership to you or another beneficiary later. This allows you to avoid future capital gains[/et_pb_toggle][et_pb_toggle admin_label=”Retained Life Estate toggle” title=”Retained Life Estate” open=”off”]A charitable donation that you retain ownership and possession of for life[/et_pb_toggle][et_pb_toggle admin_label=”Life Insurance Policy toggle” title=”Life Insurance Policy” open=”off”]Make a charitable gift by naming a charitable organization or fund the beneficiary of an unnecessary life insurance policy and receive a tax deduction[/et_pb_toggle][et_pb_toggle admin_label=”Retirement Plans toggle” title=”Retirement Plans” open=”off”]Make a charitable gift of a retirement policy and obtain large charitable gains while avoiding significant taxes[/et_pb_toggle][et_pb_text admin_label=”HEADING Planning to Help Others” background_layout=”light” text_orientation=”left”]

Planning to Help Others will make a meaningful impact on future generations

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Gift	Beneficiary	Tax Advantages	Other Advantages
Outright Gift	Your parish or other charitable organization	current income tax deduction	immediate impact observance of impact of your generosity
Charitable Lead Trust	Your parish or other charitable organization, remainder to you or your heirs	may provide income, gift and/or estate tax savings freezes taxable value of appreciating assets before they pass to beneficiaries
Charitable Gift Annuity	One or two annuitant beneficiaries, remainder to your parish or other charitable organization	current income tax deduction estate tax savings capital gains tax savings	fixed income payments for life for you or someone you choose
Charitable Remainder Trust	One or more beneficiaries, remainder to your parish or other charitable organization	current income tax deduction estate tax savings capital gains tax savings	lifetime payments to you or someone you choose
Bequest	Your parish or other charitable organization	estate tax savings	simple to implement
Retained Life Estate	Your parish or other charitable organization	estate tax savings current income tax charitable deduction	you retain lifetime use of the property
Life Insurance Policy	Your parish or other charitable organization	may receive income tax deduction	may facilitate larger gift
Retirement Plan Assets	Your parish or other charitable organization	avoid income tax may reduce estate tax liability

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