WHEN YOU GIVE

    Considering that many of the owners of these nostalgic vehicles are approaching their golden years, and within the next decade, many of these individuals will be passing on… (dying off). This means that their widows will be faced with the prospect and/or responsible for dealing with their assets and the estates.  These estates, in many cases include stocks, property, and other forms of appreciated assets, which have accumulated over the years. Typically women outlive men by 5 years, and the widows of these estates in some cases will include (nostalgia cars), and even unfinished project car or a beautiful hot rod, classic, or muscle car which might be easier for her to donate rather than trying to sell. Many of these car enthusiasts have more than one car. 

 

    Again, donated property can in many cases help offset encumbered taxes on some of the accumulated assets.  Also, in many cases, they’re unfinished (project cars).  Sometimes these projects have been a big bone of contention in the marriage relationship, diverting time, money, energy into the (husbands hobby), rather than the wife interest and needs.

 

    By donating the vehicle, it might ease the pain and loss of the spouse along make the wife feel good by helping a worthy cause… continue he husbands legacy, while offsetting some of her encumbered tax liability and/or death taxes.  Donating the vehicle, could be the practical way of dealing with her situation, and through a woman’s point of view.  This leaves her with the ability to at least write off all the money that was spent on the (project car), and also could offset other inherited wealth such as property, stock, retirement accounts, and other cash assets.

 

    Generally speaking, women make most giving decisions in the family anyway.  If it weren’t for woman… their probably wouldn’t be a need for non-profits like the Rescue Mission Foundation, and/or RESCUE RODS.   Someday these wife’s will be faced with the disposal of their husband auto collection.   Hundreds, if not thousands of these types of scenarios will be forthcoming in the immediate future, and RESCUE RODS will offer an alternative solution, and could be the bridge between the donor and the Rescue Mission Foundation, and the (service provider recipient) to do some good, and to help hurting children.                                           

    The funds generated by the sell of these vehicles will cover cost of advertising, transportation, administration, and the cost of sale.