That Livermore Might Long Be Known For Its Wonderful Opera!

Our Livermore Valley Opera has remained financially sound on an annual basis for all of its history. Now, we want to build a sound footing for the future and to enable greater artistic reach. To this end we encourage you to put our Opera into your estate plan. To quote two of our generous benefactors, “Your estate gift costs you nothing now, but will be of great benefit to the future of our Opera.” “It is a gift that keeps on giving.” “…LVO is special…it gets incredible quality from the money it has to spend.”

Especially if you have appreciated assets, such as real estate or stocks, which on your death may be heavily taxed, bequeathing some or all to LVO will both reduce the tax burden on your estate and will help ensure the future of an organization important to the community.

Your legacy gift can be directed either to our General Fund or to our Legacy Fund. The purpose of our legacy giving program in both cases is to provide long-term financial stability, artistic flexibility and enhancement, and capital acquisitions for production and staging. The General Fund will support the critical real-time operating needs, while the Endowment Fund will provide an income for the Opera over the long term.

The simplest giving method is to set a fixed amount from your estate as a bequest to LVO. However, there are a variety of other ways to plan your gift. Some of these could provide you with income, and your estate with significant tax benefits, while providing a very generous ultimate gift to the LVO. Among the most popular methods are:

•    Bequests, as mentioned above, preferably from IRAs
•    Donor advised charitable funds, with immediate tax deduction, but donations distributed over years and/or granted at the end of life
•    Life income gifts: charitable remainder trusts, from which you (or another) can receive lifetime income with the remainder passing to the charity
•    Charitable lead trusts, which distribute charitable gifts for a fixed period of time
•    Gifts of appreciated investments and property
•    Real estate gifts
•    Life insurance gifts

We recommend that you consult experienced professionals to select and execute a plan best suited to your goals, but will be glad to discuss our experiences with you. Please contact T J Gilmartin at 925-449-3170 or [email protected] and let us know if you have set up a legacy donation so that we can include you in the Legacy League. Thank you.

Livermore Valley Opera is a 501 (c) 3 non profit organization – Tax ID: 94-3168895