Oftentimes, donors want to be sure their family’s future financial needs are met and are hesitant to make a planned gift. Be assured that there are excellent alternatives that will allow you to make a gift without this concern. These “planned” gifts can be “revocable.” For example, a charitable bequest in your will can be changed at any time. Gifts also can be irrevocable–as are outright gifts–so that you benefit from an immediate income tax deduction. Irrevocable planned gifts are attractive because they can be deferred. You part with an asset today, but the actual “giving” of the asset to St. Mary’s Springs Academy is delayed–often until after your death (and that of a surviving beneficiary, if you wish). Until that time, you receive benefits from the gift.
Plan Today. Give Tomorrow.
The most common planned gift is a bequest in your will or living trust, naming St. Mary’s Springs Academy or St. Mary’s Springs Academy Foundation as a beneficiary. Other planned gifts include (but are not limited to):
Retirement plan assets
Life insurance policies
Charitable gift annuities
Charitable remainder trusts
Remainder trust in your home
Charitable lead trust
A Plan That’s Right for You
A financial advisor is best suited to organize your planned giving!
Don’t have a financial advisor? We are happy to help! To inquire about meeting with one of our financial advisors, please contact Katie (Kemp) Tank ’08, Chief Development Officer, at (920) 322-8011 or firstname.lastname@example.org.