Equine Alliance Youth Foundation accepts gifts of real estate valued over $50,000 (after conducting an environmental study of the property site). Wills & Bequests Wills are an excellent way for you and your family to make a substantial gift to our organization following a death. Here are some aspects of making a lasting gift through bequests: * Specific Bequest: Donors can designate a specific amount of cash or property through their will. * Percentage Bequest: Donors can designate a percentage of the value of the entire estate, or a particular asset. * Residual Bequest: Donors can designate the remainder of an estate, which can consist of property and/or assets remaining after payment of expenses and taxes. * Life Income Bequest: Donors can designate the will to pay income to the beneficiaries for their lifetime. At their death, the remainder is donated. To learn more about how you can make a donation through wills and bequests, and about the tax benefits of doing so, please contact a tax attorney, or our CPA Lynne F. Singer, at (805) 927-2507. [hide]

CHARITABLE REMAINDER TRUSTS
A Charitable Remainder Unitrust is a trust funded by the transfer of property whereby no capital gains tax would be due on the sale of assets by the Trust and the donor would receive an income tax deduction for the gifting of property. One or more beneficiaries would receive a lifetime income, and after the lifetime of the income beneficiaries, the remaining trust principal is gifted to Equine Alliance Youth Foundation. A Charitable Remainder Annuity Trust is similar to a unitrust except that the income is paid to beneficiaries as a fixed dollar amount rather than a fixed percentage. A Charitable Remainder Lead Trust would pay income to Equine Alliance Youth Foundation according to terms specified in the trust after which the principal is distributed back to the donor or their heirs. Benefits to the Donor: 1) income tax deductions; 2) avoidance of capital gains tax; 3) increased income to donor; 4) reduction (or elimination) of Federal Estate Tax; and/or 5) ability to leave a lasting legacy to Equine Alliance Youth Foundation.
REVOCABLE LIVING TRUSTS
A Revocable Living Trust is a superb vehicle for accomplishing several different tasks at the same time. The donor remains in control of their assets while receiving income for life. At the same time, the donor can designate Equine Alliance Youth Foundation as a beneficiary of some or all of the assets within the trust. This decision can be revoked or amended at any time during the donor’s lifetime. The living trust is a private document and does not pass through the probate process, incurring unnecessary costs and delays. Benefits to the Donor: 1) avoidance of probate; 2) control over management & distribution of assets; 3) avoidance of a possible guardianship; 4) estate settlement is a private matter, not public; and/or 5) donor can amend or revoke the trust at any time.
ANNUITIES
A Charitable Gift Annuity is a very simple way to donate to Equine Alliance Youth Foundation. After a donation of cash or property, Equine Alliance Youth Foundation would agree to pay the donor, as well as beneficiaries, a fixed dollar amount of income guaranteed for their lifetime. A Deferred Gift Annuity is a variation of the charitable gift annuity whereby the payment of income is delayed at least one year from the date of the gift. Benefits to the Donor: 1) avoid capital gains tax; 2) guaranteed Income for lifetime of donor; and 3) very simple to accomplish. Stocks can be transferred to Equine Alliance Youth Foundation. Information about the transference of stocks to Equine Alliance Youth Foundation can be obtained through a tax attorney, or our CPA Lynne F. Singer, at (805) 927-2507. [hide]