The Will
Basic to every estate plan is a will. It is a legal document drafted during your lifetime, while you are competent, which can accomplish many things.

Among those is a gift to Operation Mobilization. The gift can be of an individual piece of property, a dollar amount or a percentage of your estate.

The will can also establish any one of the following agreements for the benefit of both your personal and charitable beneficiaries.

Charitable Remainder Trusts
Charitable remainder trusts can be established during your lifetime or through your estate plan at death. They can be used to achieve income, estate and gift tax advantages.

When you make a lifetime transfer, you receive an income tax charitable deduction. You also avoid capital gains tax on appreciated property. And the property is distributed outside the probate process.

Charitable Life Estate Agreement
You can transfer real estate to Operation Mobilization, retaining a life estate. The life estate gives you full use of the property during your life. This includes the right to live in the property, or rent and receive the proceeds of the rental. At termination, the property is available to Operation Mobilization.

When the transferred property is a personal residence or farm, definite income, estate and gift tax advantages are achieved. And the transferred property is not subject to probate.

The Charitable Lead Trust
This is a very effective gift and estate tax avoidance tool which can benefit Operation Mobilization while transferring property with little or no tax to family beneficiaries.

The charitable lead trust is the reverse of the charitable remainder trust. Instead of income being payable to an individual for a period of years or for life, and the remainder distributed to charity, the income is paid to charity for the trust term, and the property is then distributed to family members.

Carefully combining the income payable and the period of the trust, you can eliminate as much gift or estate tax as you desire, even achieving a 100% charitable deduction, eliminating all taxes.

May We Help?
To request information on estate planning, click here or call us at 1-800-899-0432.