Ways to
Give
Pooled Income Funds
Donate as little as $20,000 in Cash or Securities;
receive an immediate charitable tax deduction
and income for you and the lives of your spouse
or beneficiaries with the remainder going to the
charity.
To learn more log onto: www.PooledIncomeFunds.com
Donor Advised Funds
Allow you to name a successor donor advisor(s)
to distribute your assets to charity after your
passing. They alos alow you to pre determine the
charity, amounts and frequency of distributions
from your account. Basically giving you "control
from the grave". To learn more log onto:
www.DonorAdvisedFunds.com
Charitable Remainder Trust
Similar to Pooled Income Funds but better for
larger contributions, typically $200,000 and up.
A CRT can also accept assets that Pooled Income
Funds can not such as Real Estate. A CRT also
avoids capital gains, provides an immediate charitable
tax deduction and income for you and your heirs
with the remainder going to charity.
To learn more log onto: www.CharitableRemainderTrust.com
Charitable Lead Trust
The flip of a Charitable Remainder Trust, the
income goes to the charity and at the passing
of the donor the heirs receive the remainder.
Capital gains are avoided and a charitable tax
deduction is provided, also best suited for amounts
over $200,000.
To learn more log onto: www.CharitableLeadTrust.com
Charitable Retirement Plan
Name the charity as the beneficiary of your retirement
plan. Have your plan fund a Charitable Remainder
Trust at your death. Starting December 31st 2003
you will also be able to roll your retirement
plan to a Charitable Remainder trust or Pooled
Income Fund while you’re alive.
To learn more log onto: www.CharitableRetirementPlan.com
Charitable Life Insurance
Name the charity as a beneficiary of your existing
life insurance or use assets to fund a life policy
and leverage the amount left to charity at your
passing. To learn more log onto: www.CharitableLifeInsurance.com
Private Family Foundation
Similar to Donor Advised Funds but more suited
for larger dollar amounts over 1.5 million. They
allow you to have monies managed and distributed
to charity after your passing but allow for the
monies to be invested in a broad range of investemnts.
To learn more log onto: www.PrivateFamilyFoundation.com
Wealth Replacement Trust
If you want to replace donated assets for your
loved ones, establish a wealth replacement trust
and fund it with a life insurance policy. Your
heirs will receive the proceeds 100% income and
estate tax free.
To learn more log onto: www.WealthReplacementTrust.com
Second to Die Life Insurance
this isn't a way to give, as much as it is a
way to replace a gifted asset for your beneficiaries.
The second to die is usually owned by the Wealth
Replacement Trust so that the death benefit is
recieved by the heirs income and estae tax free.
To learn more log onto: www.SecondToDieLifeInsurance.com
|