A BENEFICIARY DESIGNATION GIFT TO IMPACT OUR WORK
A tax-wise way to leave a legacy

Etta and her late husband Luther had been longtime supporters of an organization. She had been thinking about how she could make a significant gift to support their work. She met with her attorney to explain her goals and describe her assets. Originally, she thought about leaving her IRA to her kids and other assets to charity.

Her attorney suggested a different strategy. He explained that if her children inherited the IRA, the estate would pay estate taxes, and her children would pay income taxes on
the IRA. But, by giving the IRA to charity and other assets to her children, Etta could still provide a nice inheritance to her children while avoiding the income tax!

Etta contacted her IRA custodian, who sent her an IRA beneficiary designation form. She completed the form, named the organization as the primary beneficiary of her IRA, and mailed the form back. Etta was thrilled with the plan.

If you are interested in or have questions about making a beneficiary designation gift to impact the work of our organization, please contact Vice President of Advancement/Development and Executive Director, Jackie Cruz at (831) 444-2446 or email jcruz@hartnell.edu to help you plan for your future.

GIVE YOUR IRA WINGS

If you feel weighed down with the thought of taking your IRA required minimum distribution, then give it wings. Rather than take the RMD, take your IRA to new heights by making the distribution directly to our organization instead.

There is nothing like the feeling when an airplane’s wheels leave the ground. It means you are on the way to your next vacation, business meeting, or family reunion. “Takeoff” means something great is about to begin.

As you come in for a landing this year and prepare to take off for the next, it is worth a few moments to make sure you touch down safely and prepare for your next flight with good estate planning.

Avoid the turbulence of paying taxes.  Call or email us so we can give you directions for a smooth flight. Contact our VP of Advancement and Development/Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call 831-444-2446.

PLANNED GIVING Estate Planning Made Easy

In a nutshell, estate planning is as simple as what you want to be done with what you own. The good news is that you can provide for the people and causes important to you by taking simple steps now.

While an attorney should always draft your will, we can help demystify the process and prepare you for meeting your attorney with these simple steps:

1. Itemize your assets
2. Organize your estate
3. Write down questions
4. Review your plans for family
5. Consider charity
6. Visit your attorney
7. Update your plan

Creating your plan for the future can be easy and even enjoyable. Call Vice President of Advancement/Development and Executive Director, Jackie Cruz at (831) 444-2446 or email jcruz@hartnell.edu to help you plan for your future.