Leave a lasting legacy by including Opera Idaho in your estate planning. Planned giving is a way to leave your mark on the community and allow future generations the opportunity to experience the art-form you cherish. Including Opera Idaho in your estate planning is easy and cost-free during your lifetime and provides the gift of music for future generations in Idaho.

There are numerous options for planned gifts:

A bequest is the transfer of cash, securities, or other property through a will or living trust. Bequests can be a specific amount, percentage of your estate, percentage of your residual estate or specific property. A bequest is private and you may change it at any time. Giving by bequest costs nothing now, yet it may give you a great deal of satisfaction to know that your future gift will live on.

You can name Opera Idaho as the primary or contingent beneficiary on the beneficiary designation form for your retirement plan. This may be the most tax efficient way to give a gift to Opera Idaho; many retirement assets may be taxable for income and estate tax prior to being paid to an individual beneficiary.

Consider giving your life insurance policy new life with a charitable purpose. Naming Opera Idaho as the beneficiary or transferring ownership of your life insurance policy provides you the satisfaction of making a generous donation and leveraging the value of your policy. Options include: naming Opera Idaho as the beneficiary of an existing policy, transferring ownership of an existing policy, or purchasing a new policy naming Opera Idaho as the owner and beneficiary and donating premium payments

A charitable remainder trust is a tax-exempt irrevocable trust designed to reduce the taxable income of individuals by first dispersing income to the beneficiaries of the trust for a specified period of time and then donating the remainder of the trust to the designated charity.
A charitable lead trust is an irrevocable trust designed to provide financial support to one or more charities for a period of time, with the remaining assets eventually going to family members or other beneficiaries. Charitable lead trusts are often considered to be the inverse of a charitable remainder trust.
A planned gift to Opera Idaho allows you to support the high-quality productions and outreach programs we produce with the added benefit of providing significant tax benefits. For more information or assistance with planning your legacy gift, please contact our Development Director Carly Oppie at 208-345-3531 ext. 4 or at carly@operaidaho.org.