Planned gifts may take take a number of forms. Outright gifts of assets such as appreciated securities or artwork are often considered first when donating to charity. Other types of planned gifts provide a financial benefit on top of tax deductions for donors. Charitable remainder trusts provide an income stream for individuals, and at the death of the donor, the charity receives what is left in the trust. A charitable lead trust an income stream for a charity, and at the death of the donor, the donor’s heirs receive what remains in the trust. An insurance policy where the beneficiary is a charitable organization may also be a way to leave a significant legacy gift to an organization we cherish.
No gift is too big or too small. We look forward to speaking with you and your advisors to help structure a charitable bequest or other gift that works for you and your family.