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Legacy_Giving_Bargin

Touching Lives: Estate Planning and your Community Theatre

Making a “Touching Gift” with a Bargain Sale of assets.
	You can make a substantial gift to San Juan Community Theatre and receive cash back to meet other obligations or receive an income stream to supplement your retirement by selling your residence or other property to us for a price below the appraised market value -- a transaction that is part charitable gift and part sale. We sell the asset and use the proceeds to support Theatre programs as you direct. Any mortgage or lien on the property should be paid off prior to the bargain sale in order to obtain the most favorable tax benefits. If the Theatre assumes any lien or mortgage it is considered taxable income to you.