![]() The various strategies of We The People (WTP) continue to help families nationwide in their estate planning and planned giving. We offer the client the ability to exchange a variety of assets including: annuities, real estate, securities, bonds and cash for a WTP Tax Deductible Income Arrangement with a fixed, tax-favored payout for life or for a term of years. When you exchange an asset for a WTP Tax-Deductible Payout Arrangement you receive the following:
Annuities Exchange your annuity, indexed, variable or fixed, at the accumulated value, receive a tax deduction, tax free payments and create a family legacy...read more. Securities Exchange Exchange securities and receive an income tax deduction, tax-favored payments for life or term of years and incur no out of pocket capital gain tax...read more. Real Estate Exchange real estate and the IRS forever forgives a portion of the capital gain tax. WTP pays all real estate fees and closing costs...read more. WTP also assists others involved in charitable and educational efforts consistent with the public welfare by making donations to other organizations or individuals approved by the WTP Board of Directors. Donors who make tax deductible donations of cash, securities, real estate or annuities to WTP, and acquire a WTP Tax Deductible Gift Annuity, may also provide their input regarding which organizations will receive funds. The WTP Tax Deductible Gift Annuity, is also an effective estate planning device that provides many attractive incentives and options. More information about WTP and its Tax Deductible Gift Annuity Program may be obtained elsewhere on this Website or by calling (866) 597-9870. WTP has enjoyed the privilege of providing plans, which are quite simple, to families all across the United States as they create their family legacy. A problem was created for you and I in 1913 when Congress wrote Sec. 1. (Titled: Tax Imposed) of the Internal Revenue Code: paying taxes on our income became mandatory. But the people that wrote the Code also offered solutions to reduce our taxable income. WTP works with you and your financial professional to assist in implementing the plans, as outlined in the Internal Revenue Code, which lower our taxable income. Many people do not realize how many options there are with regards to fitting charitable planning into their specific short and long-term goals. One of the most effective and often used vehicles for accomplishing these goals is the WTP Tax Deductible Gift Annuity. The Tax Deductible Gift Annuity is a contract that pays out for a lifetime or for a specified number of years and is defined in general in section 501(m)(5) of the Internal Revenue Code. A thoroughly confusing maze of complex tax laws and distribution regulations make retirement funds seem almost inaccessible to their owners. After spending a lifetime building an estate people want to be able to use their money as they wish. The desire to be in control is also manifested in estate planning. |
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Home | Asset Exchange | Real Estate | Securities Exchange | Annuities | About Us | Donate | Get Involved | Contact Us | Advisor Login Copyright © 2012 We The People, Inc. of the United States. All Rights Reserved | Privacy Policy | Disclaimer We The People Inc. of the United States, in accordance with U.S. IRS Code and regulation provides simple plans that extend tax relief to individuals and families nationwide. WTP is a Massachusetts 501 (c) (3) organization. WTP does not provide tax, legal, investment or financial advice. Individuals should seek tax, investment, legal, and financial advice from an independent professional advisor |
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