Gift and Estate Planning

Giving Your Way

Choose a goal below to reveal the best gift types and assets to achieve your objectives.

I want to make a gift that…

Costs me nothing today and can be altered or revoked if my plans change

Gift Option:
– Charitable Bequest: A Gift in Your Will – A bequest is simple and direct and can be changed should you want or need to do so.

Best Way to Realize My Objective…
Designate a specific asset, a specific sum of money, a percentage of your estate, or what remains of your estate after you’ve provided for all other heirs.

Pays me an income now

Gift Options:
– Gift Annuity: a simple way to make a charitable gift and receive an income.
– Charitable Remainder Trust: Generate income with a trust. Asset requirements are greater than with a gift annuity.

Best Assets to Realize My Objective…
– Securities: Transfer appreciated assets (stocks, bonds).
– Real Estate: Some real estate will qualify. Talk to us.

Make a gift that reduces my current income tax

Gift Option:
– Outright Gifts or Planned Gifts: Both outright gifts and planned gifts (charitable gift annuities, charitable remainder trusts) can reduce current income tax if you itemize your taxes.

Best Assets to Realize My Objective…
– Cash: An easy option—check or credit card.
– Securities: Transfer appreciated assets (stocks, bonds).
– Real Estate: Some real estate will qualify. Talk to us.

Make a flexible gift that you I change or revoke if my circumstances or goals change

Gift Options:
– Charitable Bequest: A bequest is simple and direct and can be formally changed should you want or need to do so.
– Life Insurance or Retirement Assets: Designate a beneficiary now and change it later if your plans change.

Best Assets to Realize My Objective…
– In your will, designate a specific asset, a specific sum of money, a percentage of your estate, or what remains of your estate after you’ve provided for all other heirs.
– Make us the beneficiary of a retirement account or life insurance you no longer need.

Make a gift that provides supplemental retirement income

Gift Options:
– A Gift Annuity: a simple way to give and receive an income.
– Charitable Remainder Trust: Generate income with a trust. Asset requirements are greater than with a gift annuity.

Best Assets to Realize My Objective…
– Securities
– Transfer appreciated assets (stocks, bonds).
– Real Estate: Some real estate will qualify. Talk to us.

Make a gift from my IRA

Gift Option:
– A Qualified Charitable Distribution: A direct transfer from your IRA—available to IRA owners age 70½ or over.

Best Way to Realize My Objective…
– Must transfer directly from the IRA to the charity.
– No tax deduction, but gift counts toward RMD and no tax is due.
– Gift up to $105,000 (annual aggregate limit in 2024) qualifies for favorable tax treatment.
– A one-time distribution up to $53,000 (in 2024) can be used to establish a charitable gift annuity or a charitable remainder trust.