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The most popular planned gift is the simple charitable bequest by will or living trust. Bequests are popular because nearly anyone can do it, your current lifestyle is not affected, there may be estate and income tax savings, and it's a great way to show the world what you value most in life. A bequest is also a great opportunity to memorialize a loved one or friend.
A specific bequest to Vermont Public Television might read, "I give, devise, and bequeath $ ______ (or a percentage of my estate) to Vermont Public Television, 204 Ethan Allen Avenue, Colchester, VT 05446, for its corporate uses and purposes."
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Many of our friends have life insurance policies that are no longer needed for their security or the security of their families.
When an existing policy is given to Vermont Public Television, the owner can immediately deduct, as a charitable contribution, the current value of the policy (or the net value of the policy if this is less than current value). VPT can also be named as a primary or secondary beneficiary of an existing life insurance policy. Contact your insurance provider and request a Change of Beneficiary form, to include VPT.
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A special provision of the tax law allows an immediate income tax deduction for a gift of a remainder interest in your home or farm. You retain an absolute right to occupy the home or farm for life. The property passes to VPT only after termination of the life estates. Contact us for more details.
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Antiques, artwork, jewelry, book collections — these are just a few of the kinds of tangible personal property that friends have used in making charitable gifts to VPT.
The full fair-market value of the assets is deductible provided the gifted asset is used for our charitable purposes. Otherwise, the deduction is limited to adjusted cost basis.
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VPT has established the Golden Circle Legacy Society to encourage, honor and thank those individuals who remember Vermont Public Television by including us in their philanthropic plans. If you’ve already remembered VPT in your current estate and gift plans, please let us know. We’d like to invite you to join the Legacy Society.
Membership in the Society includes invitation to special events, workshops and seminars, recognition in on-air and print media spots, and a regular Insider Newsletter. If you would like to remain anonymous while receiving the benefits of membership, we will certainly honor your wishes.
To learn more or to request a Legacy Society Membership Form, contact Glynda McKinnon at gmckinnon@vpt.org
or call 802-654-3663.
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