You can ensure a bright future for the Lincoln City Cultural Center by naming us as a beneficiary in your will, life insurance policies, or other estate plans. Bequests and gifts may be in the form of money, property, investments, or a portion of an estate.
We encourage you to consult your attorney, accountant, or financial advisor for help in determining the type of gift that is right for you.
To ensure that your gift reverts to Lincoln City Cultural Center, when designating as a beneficiary on any documents, you should use our legal name, Lincoln City Cultural Center and our IRS tax id: 91-1821013.
Types of Retirement Plans and Estate Gifts
|Your Goals||Your Strategy||Your Benefits|
|Make a gift in your will or trust documents for Lincoln City Cultural Center’s future that doesn’t affect your cash flow or portfolio now.||Put a bequest in your will (cash, specific property, or a share of the estate residue). Note: gifts of real property and other merchandise are subject to LCCC board approval for acceptance.||Today – a gift that costs you and your family nothing. Tomorrow – an estate tax deduction.|
|Reduce high tax liability now; gain additional income later.||Establish a deferred gift annuity.||A larger deduction and a higher income rate than other life-income gifts offer.|
|Tap one of the most valuable assets in your portfolio to make a gift to Lincoln City Cultural Center.||Use appreciated securities to make your gift to Lincoln City Cultural Center.||Avoid capital gains tax, receive an income tax deduction – and have the option of a gift that doesn’t affect your lifestyle.|
|Reduce gift and estate taxes and control the timing of passing assets to your children and grandchildren.||Create a charitable lead trust which supports programs at Lincoln City Cultural Center for a fixed, finite period with the principal going to your heirs.||Reduce gift and estate taxes, and freeze the taxable value of growing assets before they pass to your family.|
|Gifts of retirement assets that you can easily give to Lincoln City Cultural Center.||Name Lincoln City Cultural Center as beneficiary of your retirement plan; leave other assets to family.||Eliminate income tax on retirement plan assets; free up other property to pass to your heirs.|