Planned Giving

Wills and Bequests


Fred and Elaine in this examle originally established a fund that would help purchase needed equipment, supplies, and provide for maintenance. They had made an outright gift of some appreciated stock. It was later, after their experiences with the staff and seeing their gift at work, that they changed their will to include a bequest that will magnify the fund tenfold.

la TraviataThis was a wise financial move. First, there were some immediate tax benefits on the initial gift based not on the cost of the stock, but on its appreciated value. Second, their estate will benefit by having a write-off to charity through the bequest (see bequest information).

Using funds from a retirement account to make bequests is often a good strategy. If there is a balance in your retirement account at your death, not only is there a potential income tax burden, but there may be estate taxes as well. Estimates are that taxes could eat up as much as 70-75% of retirement assets under certain circumstances. Careful planning concerning retirement funds needs to be done. Some additional information regarding retirement assets is available.

Another option to consider in making a gift is to use life insurance policies that are no longer needed or necessary. There are some different ways to make a gift of life insurance.

Fred and Elaine found their experience enriched their hearts and lives. Often donors are surprised by just how wonderful the giving experience is.


Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in thisPlanned Giving section has been developed for University Concert Series by Future Focus. Please report any problems to section webmaster.


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