Gifts of Will or Living Trust

Regardless of the amount of your personal wealth,

every person is capable of making a Planned Gift to HelpMeSee

Simple Bequest

A Bequest from your Will or Living Trust is a simple way to ensure the continued success of HelpMeSee and allows the Donor to continue his or her philanthropic goals after their death, without affecting the Donors’ financial resources during the Donor’s lifetime.

The Donor may make a specific bequest from the Donor’s Will or living Trust for an exact dollar amount or for specific securities or real estate.

The Donor may make a percentage bequest from the Will or Living Trust as a percentage of the total estate or a percentage of the Donor’s residuary estate after all taxes, debts, payments and other bequest have been made by the estate.

The Donor may specify the bequest to be used for a specific purpose by HelpMeSee or may designate the bequest as unrestricted.

The Donor’s Bequest to HelpMeSee will receive an estate tax deduction for the fair market amount of the bequest from the Donor’s will or living trust.

Gifts of Retirement Plans

Individual Retirement Accounts ( IRA’s ), 401K plans, Pension Plans, Keough Plans and other qualified retirement savings plans allow you, the Donor, to designate HelpMeSee as a beneficiary of your retirement plan or retirement account.

With a significant tax burden on children or other non- charitable heirs, excluding your spouse, as the recipients, retirement plans designating HelpMeSee as the beneficiary is a great way to make a gift, while avoiding individual income taxes and estate taxes on retirement plans.

Also, the IRA rollover, extended by Congress for 2014, allows up to $100,000 each year to be transferred to HelpMeSee, directly from the Donor’s account holder, which counts towards the Donor’s required minimum distribution (RMD), This IRA rollover allows the Donor to make a significant gift and to avoid income taxes on the distribution.

Gifts of Life Insurance

A gift of Life Insurance to HelpMeSee can create a significant impact on curing blindness, without having a significant impact on your financial assets during your lifetime.

The Donor can either designate HelpMeSee as the beneficiary of a paid-up existing life insurance policy, or
The Donor can establish a new life insurance policy and designate HelpMeSee as the beneficiary.

Gifts of an Existing Life Insurance Policy

The Donor will receive an immediate income tax deduction equal to the cost basis or replacement cost of the life insurance policy, whichever is less.

Gifting a life insurance policy that is not fully paid up entitles the Donor to an income tax deduction equal to the cash surrender value of the policy. Either gift will eliminate any estate tax on the value of the policy.

Gifts of a New Life Insurance Policy

The Donor may elect to designate HelpMeSee as the owner and beneficiary of a new life insurance policy. The donor would receive an income tax deduction for the amount of the annual premium gifted to HelpMeSee to keep the policy in effect.

Gifts of Appreciated Property, including Securities and Real Estate

A Planned gift of securities or real estate or a present day gift of securities or real estate is an excellent way to take a low income producing asset that has appreciated greatly in value and turn it into a present day income tax deduction and have it removed from your estate avoiding estate taxes on the Donor’s estate. As you will learn later in the section on “Gifts that pay you income”, the securities or real estate may be transferred directly from you or your account holder to HelpMeSee and then sold by HelpMeSee, which will save the Donor from any capital gains taxes on the sale of the securities or on the sale of the real estate. A tax professional can advise the Donor on receiving income from the sale and re-investment of the securities or real estate in the form of a charitable gift annuity or a charitable remainder trust.

R

Our Promises to You

We will use your donation carefully where it is needed most to support our work in the developing world

We understand that family and loved ones come first. We will always honor your wishes

We recognize that making a gift of this type is a deeply personal decision. You can tell us that you left a gift to HelpMeSee in your will, but do not need to. We will keep your gift private as instructed. You have the right to change your mind

w

Getting Started

If you would like to speak to someone at HelpMeSee or have questions, contact our Senior Director of Development, Steven Moore at 212.221.7682 or through:

Email

 

plannedgiving@helpmesee.org 

Phone

1.844.435.7637 (United States)
1.212.221.7606 (International)

 

Address

20 West 36th Street, Floor 4
New York, New York
10018-8005
 
Steven J. Moore J.D. LL.M.
Senior Director of Development
HelpMeSee
Cell: +1 859 264 1071
Fax:  +1 212 221 7604