Heritage Square Trust

CASH GIFTS

Cash gifts are usually given in the form of a check, and are the most popular and simplest type of gift. You may claim an income tax deduction for the full value of your cash gift up to 50% of your adjusted gross income. If you are unable to use your entire deduction in any one year, you may carry over and deduct the excess into the following five years.

BEQUESTS / YOUR WILL

Many loyal friends have found that a bequest is a relatively easy way to make a significant investment in the future of our mission.

Residuary Bequest: You bequeath a specified percentage or all of the assets remaining in your estate after other expenses and bequests have been paid.

Contingent Bequest: You direct that a specific amount or a percentage of your estate be paid to Heritage Square Trust, only if your other beneficiary(ies) does not survive you.

Reminder Trust: Through your will or living trust, you allow one or more named beneficiaries to receive income for life or for a term of years, after which time the trust assets revert to Heritage Square Trust.

Charitable Lead Trust: Through your will, you provide income to Heritage Square Trust for a specified number of years, after which the trust assets revert to your heirs. This plan provides a uniquely advantageous way to pass on assets to heirs and significantly reduce estate taxes.

Life Insurance: Life Insurance makes an excellent charitable gift. You can give a life insurance policy no longer needed for its original purpose - bought, for example, to protect children now independent, or for a business now prosperous and secure. By naming Heritage Square Trust as a beneficiary for all or a portion of an existing policy, you retain ownership and still have access to the policy's cash value. A new insurance policy established in Heritage Square Trust's name enables you to make a significant gift for a relatively modest annual outlay. Premiums, payable over a fixed number of years or in a single payment, are tax deductible.

The information provided is for general educational purposes only. For advice and assistance in specific cases, Heritage Square Trust recommends that you seek the services of a legal or financial advisor.

STOCKS & SECURITIES

Heritage Square Trust gratefully welcomes gifts in all forms, but it is useful for you to consider a number of factors when deciding how best to make your charitable gift. Balancing the following considerations can help ensure that your gift complements your overall financial picture.

You may decide to give securities, including stocks, bonds, and mutual funds that have appreciated in value. Gifts of listed stocks, bonds or other publicly traded securities held for more than one year provide you with a double tax benefit. First, you avoid capital gains tax on the increased value of the securities. What's more, you receive a charitable income tax deduction for the full fair market value of the securities.

CORPORATE AND FOUNDATION GIFTS

If you are a corporate or foundation representative and would like more information about matching your priorities and interests with opportunities and resources at Heritage Square Trust, please e-mail us or call 928.853.4292.