||What is it?
||What are the tax benefits?
||What are some other benefits?
|Bequest in Will or Revocable Living Trust
||A gift you make by naming the affiliate in your will for a certain dollar amount, percent or the residuary.
||Reduces size of taxable estate.
||Gives you flexibility in providing for family needs first.
|Charitable Gift Annuity
||A contract in which the affiliate agrees to pay you back a percentage of your gift annually for your lifetime.
||Immediate income tax deduction for part of gift’s value, capital gains spread out over life expectancy, a portion of the income is tax-exempt.
||Gives you and/or another beneficiary a set income for life.
|Life Insurance Gift
||A gift of an existing or new policy with the affiliate named as beneficiary and owner.
||Immediate income tax deduction for gift’s value, plus possible estate tax savings.
||Provides a way to make a significant gift with minimal capital outlay.
|Retirement Plan Gift
||A gift made by naming the affiliate as remainder beneficiary after your death.
||Heirs avoid income tax and possible estate tax.
||Preserves 100 percent of plan’s value and allows you to leave heir’s other less costly bequests.
|Retained Life Estate
||A donation of your home or farm, but with the right to remain there.
||Immediate income tax deduction for the charitable value of the gift, plus no capital gains tax due.
||Allows you to live in your home or farm and still receive charitable deduction; assures immediate passage of title on your death.
|Charitable Remainder Trust
||A trust that pays a set or variable income to you or those you name before the affiliate receives remainder.
||Income tax savings from deduction, no capital gains tax liability, and possible estate tax savings.
||Provides guaranteed annual income that could increase if trust value increases.
|Charitable Lead Trust
||A trust that pays the affiliate an income for a period of years before you or heirs receives the trust remainder.
||Gift or estate tax savings for value of payments made to the affiliate.
||Allows you to pass assets to heirs intact at reduced or even on estate or gift tax.
|Wealth Replacement Trust
||Life insurance for your heirs to replace the asset funding your charitable gift.
||When properly established through a trust, the insurance passes to heir’s estate tax free
||Tax savings and cash flow from a life income plan may be enough to pay the premiums.