Planned Giving and Gift Acceptance

Gift planning can help you fulfill your wishes to do more for your family and the missions you are passionate about.

You have the choices to turn what would be tax dollars spent at the government’s discretion into charitable gifts to the causes you support while providing for yourself and your family.

Estate Example of Not Planning
Elvis Presley had no estate plan
$10.0 million   Estate Value
$ 7.3  million   Estate Taxes    
$ 2.7  million   Remaining Estate
 72% went to taxes

Ways you can leave a legacy.

Gift of Cash
Gifts of Stock
Charitable Gift Annuities
Gift of Life Insurance

Bequests-Every good will should include Goodwill!
Gift of Balance of Qualified Pension/Retirement Plan
Charitable Remainder Trusts
Charitable Lead Trusts

Benefits:
There are a variety of benefits and incentives for comprehensive estate planning that include gift, estate tax, and probate cost savings, as well as combining your charitable objectives to personal financial plan goals.
Some of these include:

  • Maximizing the dollars your children and family will receive from your estate 
    The satisfaction of fulfilling your philanthropic goals and reducing income taxes through charitable deductions.
  • Making a gift that costs you nothing during your lifetime.
    Increasing your spendable income.
  • Retaining a stream of income for life for yourself and/or other beneficiaries
    Avoiding capital gains tax.
  • Deferring Income in a tax advantaged way.