Gift Plan Highlights

Gift Plan Highlights

Click on a gift plan below to learn about the benefit of each one.

Alternatively, you may print out a helpful Gift Plan Highlights guide. 

 

Outright Gifts of Cash

An outright gift of cash may help reduce income taxes and minimize or avoid estate taxes. Gifts of cash will not avoid or defer capital gains tax, provide income, or replace assets given to charity. Gifts of cash are simple and straightforward ... an immediate income tax deduction.

Outright Gifts of Appreciated Securities

An outright gift of appreciated securities may help reduce income taxes, minimize or avoid estate taxes, and avoid or defer capital gains taxes. Outright gifts of appreciated securities will not provide income or replace assets given to charity. Gifts of appreciated securities provide dual benefits — relief from income and capital gains taxes.

Outright Gifts of Real Estate

An outright gift of real estate may help reduce income taxes, minimize or avoid estate taxes, and avoid or defer capital gains taxes. Outright gifts of real estate will not provide income or replace assets given to charity. A gift of real estate is a significant gift that creates a significant income tax deduction.

Outright Gifts of Retirement Plan Assets

An outright gift of retirement plan assets may help minimize or avoid estate taxes. Outright gifts of retirement plan assets will not reduce income taxes, avoid or defer capital gains taxes, provide income, or replace assets given to charity. A gift of retirement plan assets is a popular way to make a testamentary gift.

Outright Gifts of Collectibles

An outright gift of collectibles may help reduce income taxes, minimize or avoid estate taxes, and avoid or defer capital gains taxes. Outright gifts of collectibles will not provide income or replace assets given to charity. In the right situation, the full value of the collectible can be deducted.

Bequest

A bequest may help minimize or avoid estate taxes. Bequests will not reduce income taxes, avoid or defer capital gains taxes, provide income, or replace assets given to charity. A bequest offers possible estate tax benefits that build your legacy.

Living Trust

A living trust may help minimize or avoid estate taxes. Living trusts will not reduce income taxes, avoid or defer capital gains taxes, provide income, or replace assets given to charity. You name the charitable beneficiary for when the trust terminates.

Charitable Remainder Annuity Trust (CRAT)

A charitable remainder annuity trust may help reduce income taxes, minimize or avoid estate taxes, avoid or defer capital gains taxes, and provide income. A charitable remainder annuity trust will not replace an asset given to charity. Charitable remainder annuity trusts pay a fixed amount every year to beneficiaries and provide a deduction to the donor.

Charitable Remainder Unitrust (CRUT)

A charitable remainder unitrust may help reduce income taxes, minimize or avoid estate taxes, avoid or defer capital gains taxes, and provide income. A charitable remainder unitrust will not replace an asset given to charity. Charitable remainder unitrusts pay an amount every year to beneficiaries and provide a deduction to the donor.

Family Charitable Lead Trust (CLT)

A family charitable lead trust may help minimize or avoid estate taxes and, depending on how the trust is designed and funded, help avoid or defer capital gains taxes. A family charitable lead trust will not reduce income taxes, provide income, or replace assets given to charity. A CLT makes it possible to give to charity now and transfer wealth to heirs.

Gift of a Remainder Interest in Real Estate

A gift of a remainder interest in real estate may help reduce income taxes, minimize or avoid estate taxes, and avoid or defer capital gains taxes. Gift of a remainder interest in real estate will not provide income or replace assets given to charity. Gifts of a remainder interest in real estate create a deduction while you continue to live in your own home.

Charitable Gift Annuity

A charitable gift annuity may help reduce income taxes, minimize or avoid estate taxes, provide income, and (possibly in part) avoid or defer capital gains taxes. Charitable gift annuities will not replace an asset given to charity. Charitable gift annuities provide two benefits — a deductible gift for those who itemize and an annuity.

Donor Advised Fund

A donor advised fund may help reduce income taxes, minimize or avoid estate taxes, and avoid or defer capital gains taxes. Donor advised funds will not provide income or replace assets given to charity. A donor advised fund lets you set up an account with an outright gift and make grant recommendations.

Life Insurance

Charitable gifts of life insurance may help reduce income taxes and minimize or avoid estate taxes. Gifts of life insurance will not provide income or replace assets given to charity. A gift of life insurance is an opportunity to make a sizable gift at a lower cost to you.

Wealth Replacement

Wealth replacement strategies may help minimize or avoid estate taxes and replace an asset given to charity. Wealth replacement strategies will not reduce income taxes, avoid or defer capital gains taxes, or provide an income. Wealth replacement strategies allow you to give to charity now and benefit heirs by replacing donated assets with life insurance.