Minimize Taxes & Help Five Acres

WAYS TO REMEMBER FIVE ACRES
IN YOUR ESTATE PLAN AND MINIMIZE TAXES

If You have a will - Consider adding a codicil naming Five Acres to reduce estate tax

If you have a trust - Consider consulting your attorney to include Five Acres to reduce estate tax

If you have a retirement plan - Consider making Five Acres a beneficiary to reduce estate and income taxes

If you have a paid-up life insurance policy - Consider making Five Acres a beneficiary to reduce estate tax

If you have appreciated securities - Consider donating to Five Acres to avoid current capital gains tax, receive a potential current income tax deduction and reduce estate tax

If you have real estate - Consider donating to Five Acres to avoid current capital gains tax, receive a potential current income tax deduction and reduce estate tax

Outside Your Zip Code

Bill Clark's Story:

Bill Clark’s role models are a diverse group – his Irish grandmother, his Japanese father-in-law, and Five Acres Ambassador Stan Weston. In addition to the values he learned from his parents Bill credits their influence to helping him want to “make the world a better place.”

His grandmother overcame tough times after her family emigrated in the 1870s. His father-in-law served in the U.S. military during World War II while his family lived in an internment camp. And Stan modeled professionalism and passion in the service of children at Five Acres. All exemplified philanthropic involvement in the community.

Bill’s volunteering began in college and continues today with leadership roles with San Marino’s Boy Scout Troop 355, Catholic Charities, Mayfield Junior School and, of course, Five Acres. Bill joined the board in 1996 after he was recruited by Mike Coye to the 5K-10K Run committee. Since then Bill has served on the investment, audit and human resources committees as well as chaired the building and grounds, business affairs, finance and board affairs committees – not to mention his invaluable assistance with every building and property project for more than a decade.

Bill and his wife Louise are committed to passing the family value {mosimage}of volunteering on to their children Bobby, 12, and Elizabeth, 18. Elizabeth tutors Five Acres children one day each week and with Bobby accompanies Bill in his real estate broker business to apartment buildings and to various charities he supports. Bill explains, “It’s important for them to see people outside their zip code.”

Bill and Louise have set up a living trust that includes Five Acres as a beneficiary. He says, “I get more out of volunteering than I put in. I’m rewarded many fold. Putting Five Acres in my will was such an easy thing to do. Why wouldn’t you?”

For information on ways to include Five Acres in your estate plan, please call Jay Sanders, Chief Advancement Officer at 626.773-3749 or email him.