There are numerous ways to assist the Long Beach Century Club in reaching their goals. Below are a few ways of doing so:

GIFT OF IRA

During Life: after age 70 1/2, you may donate up to $100,000 of your RMD directly to the Long Beach Century Club without income tax.
Testamentary: Designate the Long Beach Century Club as a beneficiary of part or all of your IRA.

 

LIFETIME GIFT OF LIFE INSURANCE

For a person that does not need the life insurance anymore, you can gift the policy to Long Beach Century Club and receive an income tax deduction. You can also donate the annual premiums and receive an income tax deduction.

 

TESTAMENTARY GIFT OF LIFE INSURANCE

Any estate that leaves a bequest to the Long Beach Century Club will receive a charitable deduction from Estate Tax. You can designation a percentage (i.e. 50% to family, 50% to Century Club).

 

WILLS & TRUSTS, LEAVING A LEGACY

Any estate that leaves a bequest to the Long Beach Century Club will receive a charitable deduction from Estate Tax. You can designate a specific amount or leave a percentage (i.e. $100,000 bequest to Century Club).

 

GIFT OF REMAINDER INTEREST IN RESIDENCE

With your deed, stay in your house for life, gift a remainder interest to the Long Beach Century Club & receive immediate income tax deduction.

Questions?

Drop us an email and we'll get back to you asap: LongBeachCenturyClub@gmail.com