916-886-5699

2100 Douglas Blvd, Roseville, CA

Estate Planning, Charitable Giving
And The Northern California Conference

The Planned Giving Department provides information to individuals that will assist them in using gift planning documents such as Wills, Trusts, Gift Annuities, Power of Attorney and Health Care Directives; that will provide for and protect family members and support God's work in Northern California and beyond.

Our department has received the highest possible accreditation by the North American Division of the General Conference of Seventh-day Adventists and certification for all of our planned giving professional staff. We are committed to assisting you with helpful information regarding the best way for you to benefit through a planned gift and to assist you with planning for the distribution of your estate. Please give us a call at 916-886-5699 and we will be happy to assist you.

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Thursday September 23, 2021

Washington News

Washington Hotline

Leave Donations Extended for 2021

While the COVID-19 pandemic is slowly subsiding, there are still new cases every week. Many charitable organizations continue to provide relief services to COVID-19 patients and their families. In 2020, the IRS authorized a program to encourage gifts to organizations providing COVID relief services. Employees of companies could donate their sick, vacation or personal leave days to a qualified charity providing relief services.

After the days were transferred, employers were permitted to make cash payments to the charities in exchange for the sick, vacation or personal leave days. The gift was not treated as income to the employee, but because he or she did not report it as income, there also was no income tax deduction. It was merely an opportunity for the employee to make a gift to assist individuals who were served by these nonprofits.

COVID is still affecting individuals in 2021. Therefore, the Internal Revenue Service extended the leave-donation program for this year. If employees give 2021 sick, vacation, or personal leave days to qualified nonprofits, the employers will have a deductible payment for the cash amount to charity and the nonprofit may then use the cash gifts to provide needed services to COVID-19 patients and their families.

Published July 2, 2021
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Power of Attorney

If you want to be sure that a person you trust will be able to make decisions for you when you are unable to do so, you can create a power of attorney agreement for healthcare or finances. A power of attorney for healthcare allows a person (known as your agent) to make decisions about the medical care you will or will not receive. A power of attorney for finances allows your agent to manage your financial affairs. Your agent must make decisions consistent with what they know your wishes are, even if they personally disagree. If they do not know your wishes on a particular matter, they must act in your best interest. You can give your agent broad authority to make decisions related to your financial or health care needs, or you can limit their authority to certain types of decisions. Depending on your needs, we can help you create a power of attorney agreement that will be active immediately, will go into effect if you become incapacitated, or will only be in effect for a limited time or under specific circumstances.

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