Legacy giving

This is the most popular form of planned giving because it is relatively straightforward. To make a bequest all you have to do is make a simple designation in your will or trust. It costs nothing during your lifetime and they are easily revocable if your situation changes.

Sample Bequest Language:

“I give, devise, and bequeath [percentage / amount / description] to the Ojai Valley Land Conservancy, a nonprofit corporation, located at PO Box 1092, Ojai, CA, 93024, Tax Identification Number 77-0169682.”

Avoids probate. Just name the Ojai Valley Land Conservancy as a beneficiary.

This is a great tool for selling assets tax-free and receiving income for life; the remaining assets go to the Ojai Valley Land Conservancy. It provides steady cash flow and can be more beneficial than keeping an asset or selling it outright.

Donate your policy and deduct future premium payments, or just name the Ojai Valley Land Conservancy as a policy beneficiary.

Retirement funds paid to your children at your passing may be subject to income and estate taxes, but are tax-free to the Ojai Valley Land Conservancy. Funds left to children may be subject to income and estate tax of 70% or more.

You greatly reduce or avoid estate tax on trust assets passing to family if some trust income goes to the Ojai Valley Land Conservancy for a few years.

A “Lifetime Bequest” is a combination of a gift or pledge now plus an estate gift later to facilitate and maximize the impact of your gift.

Great for making a gift and also transferring the burden of managing the property. It won’t reduce your disposable funds.

You can sell your property at a discount, deduct the difference, and receive a lump sum or installment payments. It won’t reduce your disposable funds.

You can deed your home or farm property to the Ojai Valley Land Conservancy, save taxes with a current deduction, and still use the property for the rest of your life. It won’t reduce your disposable funds.