“Mano a Mano is the most efficient and effective international organization that I know of.”
…a volunteer and contributor.
By including Mano a Mano in your estate plans you can:
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Guarantee continued support for Bolivian villages. |
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Ensure that Mano a Mano will continue to help the people of Bolivia. |
| ● | Help Bolivian children and their parents to have better lives. |
To ensure that Mano a Mano can continue to do the wonderful development work it is doing, please consider making a legacy gift. Bequests, life income gifts, and other estate-planning arrangements provide vital support to sustain our programs while giving you maximum flexibility in your estate planning.
Gifts are made from your assets, not from your income.
Gifts tied to your estate give you the flexibility to support Mano a Mano in different ways. In addition, they often help reduce capital gains, income, and estate taxes.
Arrangements such as life income gifts can provide you with income for life while greatly reducing your tax burden.
A charitable lead trust offers you an opportunity to pass property to heirs at a reduced transfer cost.
By including Mano a Mano as a beneficiary of a financial, retirement, or insurance plan, you are able to pass on wealth you didn’t use during your life.
Your gift plan will:
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Ensure that Mano a Mano will continue to support the medical, educational and economic needs of poor Bolivians.
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Help Mano a Mano face future challenges and grow its programs to support Bolivian self-help initiatives.
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Benefit you and your estate with reduced capital gains, income, and estate taxes.
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Reflect the best arrangement for you from many flexible giving options.
Some possible planned giving solutions:
- A generous donor asks, “How can I leave enough for my kids and still make the charitable gifts I want to make from my estate? Answer: Consider an ILIT (irrevocable life insurance trust). The kids will receive the life insurance proceeds free of estate taxes, freeing up some or all of your estate for charitable giving.
- A worried parent tells her attorney: “I want to take care of my daughter’s financial needs after I’m gone, but she is not good with money. A large amount left to her would be soon gone and wasted.” Solution: Create a CRT (charitable remainder trust) with estate assets. The trust will pay the daughter regular income and, at her death, any assets remaining in the trust will go to your designated charities.
- A donor discovers that her 401k plan, left to her children, will be taxed to them at their ordinary income rates as they take distributions. But, in addition, since she has a taxable estate, the 401k assets will be figured into her estate and taxed at estate tax rates. After the two levels of taxation much of the worth of the 401k plan will be lost. Solution: She could make Mano a Mano the beneficiary of her 401k plan. At a small cost to the kids she will have made a large gift to Mano a Mano.
What are your questions about estate planning to meet multiple goals?
Each person’s situation is different. There are no “canned” answers. Please consider including Mano a Mano’s planned giving officer in your discussions with your financial and legal advisors. There are as many good win-win solutions as there are personal situations. Don’t miss the opportunity to achieve both family and charitable goals.
To learn more:
Contact Gary Stoos, Mano a Mano’s Planned Giving Officer at 612-325-2019 or at gary@manoamano.org to learn more about estate planning options that will support the ongoing work of Mano a Mano.