Planned Giving Information
Open your Heart and make a difference!
Through deferred gifts during your lifetime
or through a bequest in your estate plan, you can enable Family Service
Agency to continue our work long after you, personally, are no longer
able to do so. A planned gift to Family Service Agency may provide
a charitable tax deduction, enhance current income, and reduce estate
taxes in the future. Ways to include Family Service Agency in your
estate plan:
Will or Living Trust
The simplest way of making a planned gift to Family Service Agency
is by naming the Agency in your will. You may designate a specific
dollar amount or a percentage of your estate.
Charitable Remainder Trust
This type of planned gift allows you to provide for FSA's future while
you receive a steady source of income. Generally, a gift is made to
a trust and a beneficiary is named (for example, you or one of your
loved ones). Income is paid to you for your lifetime, at the end of
which, the principal is paid to Family Service Agency.
Charitable Lead Trust
By establishing a CLT during your lifetime or by will, you can remove
assets from your estate, thus reducing estate taxes. Simply assign
the income of the trust to Family Service Agency at a prescribed rate
and for a prescribed period of time, at the end of which, the principal
of the trust will revert to your heirs, probably free of all gift
and estate taxes.
Pooled Income Fund
Your gift of money, marketable securities, or both to Family Service
Agency's Pooled Income Fund (through the Santa Barbara Foundation)
is invested together with similar gifts from other supporters. Each
year you receive your share, which is taxable as ordinary income,
of the fund's earning. The balance remaining after your death is transferred
to Family Service Agency.
Gifts of Life Insurance
If you own a life insurance policy that is paid up and your dependents
no longer need the policy's protection, you can make Family Service
Agency the owner and beneficiary of the policy and receive an immediate
charitable income tax deduction.
Gifts of Appreciated Assets
In addition to providing you with an income tax deduction for their
full market value, the transfer of long-term appreciated securities
(including stocks and bonds) to Family Service Agency has the added
advantage of avoiding capital gains tax on the appreciated value.
For more information about FSA's
planned giving opportunities, please contact
Executive Director William E.
G. Batty at: (805) 965-1001.
Thank you, in advance, for thinking
of Family Service Agency.
