Trusts & Wills

The BCLT is a a non profit 501(c)(3) and all donations are tax deductible.  Please contact us at info@bolinaslandtrust.org if you have any questions.

  • Make a charitable donation though a charitable trust
  • Bequest a donation or property to the BCLT in your will
  • Name the BCLT as a beneficiary in your life insurance policy

PROPERTY DONATIONS TO THE BCLT
With a retained life estate, you can remain living in or using your home while establishing a gift of that property to the BCLT.  You receive an income tax deduction in the year you make the gift, and the BCLT receives the property at the end of the retained life estate term, usually your lifetime.  At that point, the BCLT can use the property for affordable housing in perpetuity.

A charitable sale is a sale of property to a non-profit for public use (i.e. affordable housing through the BCLT) at less than its current appraised value.  Such a sale generates a charitable deduction on federal taxes, while these are serious decisions and you should seek legal counsel from a trusted adviser to review your personal financial and tax issues.

If you’d like more information on how you can contribute a legacy to our community through your property, please contact us at info@bolinaslandtrust.org.

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