Bequests
By including VeAhavta in a bequest in your will, you can continue to support the children and elders of Grace, and the principle of helping those who desperately need it, after you are gone. No other planned gift is as simple to implement and as easy to change, and you maintain the use, benefit, enjoyment and control of your assets for as long as you need them.

Stocks and Mutual Funds
The tax benefits of giving appreciated securities can be tremendous. You avoid paying capital gains tax on the appreciation, and you can deduct the full fair market value of the security at the time of the gift.

Life Insurance
When you name VeAhavta as the beneficiary of a life insurance policy, you are providing a substantial gift to needy orphans and widows at minimum cost to you. If you own a paid-up policy you no longer need, you can transfer beneficiary status and ownership to VeAhavta and, in most cases, receive a charitable tax deduction. Or you may purchase a new policy and name VeAhavta as the owner and/or beneficiary. It’s an easy way to give a substantial gift to others in need, at a low monthly cost to you.

Retirement Assets
You may be surprised to learn that your retirement plan – 401(k), IRA, Keough, or other such accounts – is among the most tax-burdened assets you can pass on to your heirs. Since undistributed assets remaining in your retirement plan were not taxed during your life, they are subject to both income and estate taxes if they are directed to someone other than your spouse. This means that a child or other loved one would have to pay the income tax that has been deferred.

There is a sensible charitable solution – you can name VeAhavta as the beneficiary of your retirement plan and use other assets (not subject to income tax) to make gifts to your heirs. By naming VeAhavta as the beneficiary, you avoid the income tax and also provide a charitable estate tax deduction for the full value of the gift.

Charitable Remainder Trust – a Life Income Gift
When you establish a Charitable Remainder Trust, you create two interests – one for you and one for VeAhavta. Yours is the right to receive income for life or for a set number of years; VeAhavta’s is the remainder interest, or the right to receive the assets in the trust when it terminates.

A Charitable Remainder Trust pays you and/or another beneficiary a fixed dollar amount annually for life. The fixed payments are determined at the beginning of the trust. You can claim a charitable deduction on your income tax form the year that you create the trust. The payments you receive are taxed as ordinary income, and in some cases as capital gain or tax-free return of principal. A bank or trusted advisor can serve as trustee.