Invest In Us Today Through Planned Giving

Lutheran Social Services of Nevada is made possible by investors like you. Your donation is not only generous but generative! It leaves an immediate impact and changes lives.

Charitable IRA Distribution
If you are 70 1/2 or older, you can choose to donate a portion of your retirement to LSSN. This distribution (QCD) will not be counted as part of your taxable income. Fill out our interest form here.

Benefits of an IRA charitable distribution (rollover)

• Avoid taxes on transfers of up to $100,000 from your IRA to our organization
• Satisfy your required minimum distribution (RMD) for the year
• Reduce your taxable income, even if you do not itemize deductions
• Make a gift that is not subject to the 50% deduction limits on charitable gifts
• Help further the work and mission of our organization

How an IRA charitable rollover gift works

1. Contact your IRA plan administrator to make a gift from your IRA to us.
2. Your IRA funds will be directly transferred to our organization to help continue our important work.
3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
4. Please Fill out our interest form here.

Gift of Securities
Give Appreciated Assets to LSSN & you won’t have to pay capital gains tax & will still be able to deduct the entire amount from your taxable income. Fill out our interest form here.

Bequest
Defer a gift until after your lifetime, put a bequest in your will and they will fully be exempt from estate tax. Fill out our interest form here.

Gift of retirement assets
Avoid the two-fold taxation on IRA by naming LSSN as beneficiary of the remainder of the assets after your lifetime. Fill out our interest form here.

Gift of real estate
Receive an income tax deduction, avoid capital gains tax on the sale of a home or other real estate by donating it to LSSN. Fill out our interest form here.

Gift of life insurance
Contribute a life insurance policy you no longer need & receive current income tax deduction & possibly future deductions. Fill out our interest form here.

Charitable lead trust
Reduce gift & estate taxes on assets you pass to your children by creating a trust that pays income to LSSN for a specific term of years. The principle is retained for heirs. Fill out our interest form here.

How it Works

1. You make a contribution of your property to fund a trust that pays your favorite ministries income for a number of years.
2. You receive a gift or estate tax deduction at the time of your gift.
3. After a period of time, your family receives the trust assets plus any additional growth in value.

Zero Tax Plan

It is even possible to set up a lead trust that will allow you to transfer assets to your family with zero transfer taxes. The IRS assumes that a lead trust is only earning at the current low federal rate. If the actual investments of the trust produce a higher return than the payments made to your favorite ministries over the term of the trust, then the full value of the trust may be transferred to family with zero gift tax.

FLP/Lead Trust Plan

To discount your gift to family even more, you may consider first transferring your real estate or other assets into a family limited partnership (FLP) which will fund your lead trust. The combination of the FLP, the lead trust and a gift exemption can permit the lead trust to pay income to us for a number of years and potentially transfer substantial assets tax-free to your family.

Increasing Payment Lead Trust

With increased volatility in the stock market you may also want to consider creating a lead trust that makes fixed payments of increasing amounts to us over time. Because the payments to us are fixed, your family ultimately benefits from any growth in the trust. Low payouts in early years allows the trust to grow, thus allowing protection should the economy produce below-average returns in the future.

Charitable Gift Annuity
You may be tired of living at the mercy of the fluctuating stock and real estate markets. One solution is a charitable gift annuity. Secure a fixed life income while avoiding market risks and receive tax benefits & often higher rate of return. Fill out our interest form here.

A charitable gift annuity is a contract between you and LSSN.

1. You transfer property to LSSN. In exchange we pay you fixed income for life.
2. The fixed income can be quite high depending on your age.
3. A portion of your income stream may even be tax-free.
4. You will receive a charitable deduction for your gift of the remainder to your favorite ministries and the satisfaction of furthering our mission.

• If you decide to fund your gift annuity with cash, a significant portion of the annuity income will be tax-free.
• You may make a gift of your appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax.

Start Receiving Payments Now with a Current Gift Annuity

If you desire current income, you may transfer property in exchange for our promise to pay you fixed income beginning as early as this year. You will receive a current income tax charitable deduction for the value of your gift to your favorite ministries.

Deferred Gift Annuity for Income at Future Date

Perhaps you are not ready to begin receiving income until a future date, such as when you retire. You can establish a deferred gift annuity, receive a current charitable income tax deduction and receive payments at a designated future time. Best of all, because you deferred your payments, your annual payment will be higher than with a current annuity. Contact us about flexible date options for your future income.