Gift Planning with St. Mary’s Springs Academy
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.