Legacy Society

A gift of appreciated securities can provide up to 15% more spending power to a charity than selling the asset and contributing the proceeds. However, deductions for gifts of appreciated securities such as stocks are usually limited to only 30% of AGI, with a five-year carry forward of any excess.

This would result in a current income tax deduction (discounted to present value based on your age) and remove the property from your estate. You would also avoid any capital gains taxes that would have been due upon a sale. Although you will be responsible for maintenance, taxes, and insurance, the charitable deduction may be particularly helpful during years of high income.

Life income arrangements provide payments for the life of one or more beneficiaries, a charitable deduction for the donor, and the remainder upon the termination of the plan left to the American Forest Foundation in support of the American Forest Foundation. Planned gifts provide four possible benefits: increased income, an income tax deduction, deferral of capital gains tax when appreciated property is used to fund the gift, and removal of the funding assets from your estate.

The charitable gift annuity is the simplest, and often the most beneficial, life income gift. An annuity is a contract that provides for you to receive regular payments of a fixed amount for the rest of your life. In exchange for a transfer of cash, stock, or real estate, the American Forest Foundation will guarantee payments for life. The payments under the annuity contract are calculated based on the age of the beneficiaries, the value of the property donated, and current interest rates. Annuities are limited to one or two beneficiary lifetimes. The remainder of the annuity passes to charity upon termination.

You would be entitled to a current income tax deduction based on the difference between the property's fair market value and the value of the annuity, and capital gains taxes would be deferred. Deferred gift annuities can even supplement retirement income.

Sample Bequest Language
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I give $________ or ________ % of my disposable estate to the American Forest Foundation, EIN 52-1235124, a nonprofit organization, to be used without restrictions or to be used for [specify purpose here].