“Leaving a planned gift to CVFT was a important way for us to give to the future success of the organization,” said Ken Oneto, along with his wife Florence “Florrie” Oneto, Members of the Farmland Legacy Society. “As farmers ourselves, we know the level of trust and understanding between this organization and landowners. Making sure they are able to continue protecting farmland and helping landowners is why I have committee my time and money to CVFT.”
CVFT Farmland Legacy Society Giving Options
Central Valley Farmland Trust welcomes legacy gifts of any size. We are happy to talk with you about joining the Farmland Legacy Society and your future plans. CVFT recommends consulting with an attorney and estate tax specialist when preparing documents.
BEQUEST IN WILL OR LIVING TRUST
Easy to arrange and remains in your control: You can structure the bequest to leave a specific item/amount or leave a percentage of your estate to CVFT or even make the gift contingent on certain events. Your bequest is also entitled to an estate tax charitable deduction for the gift’s full value.
Allows you to direct assets tax-free to CVFT: Most IRAs are income tax–deferred meaning that income tax is not paid until the funds are distributed to you in life, or upon your death. This taxation makes retirement assets among the most costly assets to distribute to your loved ones.
GIFT OF PROPERTY OR FARMLAND
CVFT accepts properties intended for sale and agricultural land intended for conservation. You may make an outright gift of the property, give CVFT a remainder interest (which allows you or your family to occupy the property during your lifetime) or establish a charitable remainder trust with the real estate.
CVFT’S TAX ID#: 77-0566494
If you would like additional information about joining the Farmlands Legacy Society or making a planned gift please call (916) 687-3178.