| A bequest
through your will can help ensure that Huntington Beach
Playhouse (HBPH) is able to continue its tradition of
providing live, community theatre for years to come. |
| A will or
other legal agreement (such as a trust) is needed to
ensure that your estate is distributed according to your
wishes. Without such arrangements, your property may be
distributed according to the dictates of state law, without
regard for your intentions. |
| Federal
estate tax laws encourage charitable bequests by allowing an
estate tax deduction for the full value of charitable gifts.
No limit is placed on the amount that can be left to charity
and deducted from your estate. After providing for family
and friends, please consider specifying that all or a portion
of your estate be distributed to HBPH. |
| All
donations from estates and trusts are added to the HBPH
endowment fund, unless otherwise restricted, and the income
is used to publicize and mount productions and otherwise
support our programs and operations. In this way, you can
help ensure that
there will always be funds to operate our theatre and will
create a continuing
memorial supporting your philanthropic wishes. |
|
The best
way to make a charitable bequest through your will depends
on a number of factors, including your assets and family
considerations. Without cost or obligation, HBPH will
provide you and your legal and tax advisors with general
information at your request. |
|
You
should feel free to confer with your own attorney and tax
advisor to determine the tax consequences of a proposed
gift. The following are suggested forms of bequests that may
be used:
|
|
General Bequest
I give and bequeath to
Huntington Beach Playhouse, a corporation for its endowment
fund, the sum of $________________for the use and benefit of
the programs and facilities operated and maintained by said
corporation.
Bequest of
Residue I give, bequeath and
devise all of the rest, residue and remainder of my
estate, whether real or personal, and wherever situated,
of which I may die possessed, to Huntington Beach
Playhouse, a corporation, for its endowment fund, for
the use and benefit of the programs and facilities operated and
maintained by said corporation.
Devise of Real Estate
I give and devise to
Huntington Beach Playhouse, a corporation, all that
certain parcel of real property described as hereinafter
set forth; (here describe the real property).
Designation of Beneficiary for Life
Insurance Policies or Pension Plans
(IRA, Retirement Savings
Plans, etc.) (to be furnished to insurance company or plan
administrator on their form) I hereby designate Huntington Beach Playhouse, a
corporation, irrevocable beneficiary of Policy No.
___________________________or ______________________
plan.
We
appreciate your consideration of HBPH. Please call us for more information
or with any questions you may have about giving opportunities.
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