As you plan for your future, you are making a number of important decisions. One of those carefully planned decisions may be to leave a legacy gift – a meaningful gift that will endure beyond your lifetime for the benefit of others.
Are you concerned about issues that older adults face, such as access to healthcare, connections to needed resources and protection for those living in long-term care facilities?
Through your commitment you can help ensure that the Council on Aging – Southern California has a secure future and the financial resources to provide programs to help seniors remain healthy, connected and protected.
Your Legacy Gift Will:
Impact the lives of seniors in our community
Make a larger charitable gift than you thought possible
Provide inheritances for your heirs at a lower tax cost
Reduce your income tax and even avoid capital gains taxes
Diversify your investment portfolio
Increase income and effective rate of return
Leave a legacy without giving up assets
Help ensure COASC continues to support seniors and their families
How Your Gifts are Used
The Generation to Generation Legacy Society was created to celebrate our friends who affirm their commitment to the Council on Aging – Southern California through a planned gift.
Their generosity demonstrates an investment in the future for COASC and its mission. Gifts from members, when realized, will offer operating or endowment support to help us provide a range of no-cost services and programs for adults and their families.
Choose a Gift that is Right for You
A direct gift of cash can be given to COASC and designated for the endowment. You will receive an income tax receipt for your donation which will help build the endowment immediately.
A gift of appreciated securities provides special tax incentives. By giving securities that have increased in value, you may avoid paying capital gains tax on the increase in value and receive a charitable deduction for the full fair market value of your securities.
You may name COASC as a beneficiary in your will or living trust. Your bequest gift may be a specific sum of money, a percentage of your estate assets, specific personal property, or real estate.
Retirement funds may be the most significant asset for many families. Individuals may name COASC as the beneficiary for all or any portion of funds remaining at the time of their passing.
You may transfer ownership of an existing life insurance policy and make COASC the owner and irrevocable beneficiary. You will receive a tax deduction for the cash surrender value of the policy and any annual premiums you pay after COASC becomes the owner.
There are some gifts that provide a lifetime of income for you and a future gift to COASC. These gifts are irrevocable and may provide immediate tax benefits.
Make a Planned Gift
For more information on how to become a Generation to Generation Legacy Society member, please contact Jamie Cansler, Director of Development & Community Outreach at 714.479.0122 or at [email protected] or fill out the form below.