Deferred (Planned) Gifts

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" background="044085a3.jpg"> <div> <FONT SIZE="5" COLOR="#FFFFFF" FACE="Arial" ><B>SELECTIONS:   Career Support Services</B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE="SELECTIONS: Career Support Services"><U><B>home</B></U></A></div> <div> <A HREF="id113.htm" TARGET="_top" TITLE="How You Can Support Selections"><U>How You Can Support Selections</U></A><FONT SIZE="1" COLOR="#FFFFFF" FACE="Symbol" >   ·   </FONT><A HREF="id115.htm" TARGET="_top" TITLE="Current Gifts"><U>Current Gifts</U></A><FONT SIZE="1" COLOR="#FFFFFF" FACE="Symbol" >   ·   </FONT><B>Deferred (Planned) Gifts</B></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFFFFF" TEXT="#080000" background="045d2e83.jpg"> <div> <B>How You Can Support Selections...</B></div> <DIV ALIGN="LEFT"></DIV> <div> <IMG SRC="2f7be830.jpg" border=0 width="190" height="131" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> <IMG SRC="2ccbe510.jpg" border=0 width="190" height="81" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> <A HREF="index.htm" TARGET="_top" TITLE="SELECTIONS: Career Support Services"><U><B>Online Store</B></U></A></div> <div> <A HREF="id34.htm" TARGET="_top" TITLE="Supporting Selections"><U><B>Supporting Selections</B></U></A></div> <div> <A HREF="id38.htm" TARGET="_top" TITLE="Contact Information "><U><B>Contact Selections</B></U></A></div> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000" background="04607073.jpg"> <div> <I><B>Deferred (Planned) Gifts</B></I><I><B>  </B></I></div> <bR> <div> <B>Deferred or planned gifts</B> are most often larger in size than outright gifts, are often made from the donors assets and require some planning by the donor and his/her financial or legal advisors. These gifts may be made during the donor's lifetime or after they have died.   <B>Planned </B><B>gifts</B> are made to ensure the best interests of the donor, his/her family and his/her financial and estate plan, as well as the charity, are kept in mind.</div> <bR> <div> <I><B>Bequests</B></I></div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Bequests are encouraged as <B>one of the simplest ways</B> to make a larger gift to <B>Selections </B>than one might be able to make during one's lifetime. </div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">As they<B> </B>near retirement, many individuals discover they have <B>assets in excess</B> of what their families and loved ones now require. Individuals who have supported <B>Selections </B>during their lifetime can make a gift to <B>Selections </B>in their will and feel confident that their support will continue even after they are gone.</div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Sample </B><B>bequest language is available</B> to individuals and lawyers.  </div> <bR> <div> <I><B>Life Insurance</B></I></div> <div> There are various methods by which a life insurance policy may be contributed to <B>Selections</B>.</div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A donor may assign to <B>Selections </B>ownership of a <B>paid-up policy </B>that names <B>Selections </B>as beneficiary. The donor receives a <B>charitable tax receipt</B> for the current cash surrender value of the policy at the time the gift is made.</div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A donor may assign to <B>Selections </B>ownership of a<B> life insurance policy</B> that names <B>Selections </B>as beneficiary on which premiums remain to be paid.  The donor receives a <B>charitable tax receipt</B> for the cash surrender value of the policy and an annual receipt for the premiums for as long as the donor continues to pay them.</div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A donor may name <B>Selections </B>as a <B>primary or successor beneficiary</B> of the proceeds.  A <B>charitable tax</B> <B>receipt </B>will be issued for the value of the death benefit received that may be used to offset other taxes in the year of death.</div> <div>       <FONT SIZE="3" COLOR="#000000" FACE="Arial" >        </FONT></div> <div> <I><B>Gifts of publicly traded securities and mutual funds </B></I></div> <div> <B>Special tax savings are available for donors</B> who make gifts of publicly traded securities and units/shares in mutual funds that have appreciated in value.  In order to receive these special tax savings, donors must donate the actual <B>securities or shares</B> (not sell them and donate the cash value).</div> <div> Gifts "in-kind" of publicly traded securities:</div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">You are <B>NOT required to pay tax</B> on the capital gain that results from the gift </div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">You DO <B>receive a donation receipt</B> for the fair market value of the securities on the day Selections receives them</div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">This<FONT SIZE="3" COLOR="#336666" FACE="Arial" > </FONT>gift <B>may cost you less</B> than you think.</div> <bR> <div> <I><B>Other deferred gifts</B></I></div> <div> <IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">There are <B>a multitude of other gifts</B> that <B>Selections </B>may accept to support its vision and mission, including charitable remainder trusts and reinsured charitable annuities.  You are encouraged to begin these discussions with your professional advisor.</div> <div> <I><B>For more information please contact:</B></I></div> <bR> <div> <B>Margaret Teasdale</B></div> <div> Executive Director</div> <div> Selections Career Support Services</div> <div> Phone: (780) 461-5270</div> <div> Email:  <A HREF="mailto:teasdale@selectionscareer.com" TARGET="_top" TITLE="mailto:teasdale@selectionscareer.com"><U> </U></A><FONT SIZE="3" COLOR="#336666" FACE="Arial" ><A HREF="mailto:teasdale@selectionscareer.com" TARGET="_top" TITLE="mailto:teasdale@selectionscareer.com"><U><I><B>t</B></I></U></A><A HREF="mailto:teasdale@selectionscareer.com" TARGET="_top" TITLE="mailto:teasdale@selectionscareer.com"><U><I><B>easdale@selectionscareer.com</B></I></U></A></FONT></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <A HREF="id115.htm" TARGET="_top" TITLE="Current Gifts"><U><I><B>Previous Page</B></I></U></A><I><B>          </B></I></div> <bR> <bR> <bR> </td> </tr></table></body>