A
primary question to consider first is:
Have you made out a will?
If
you have not yet written a will, regardless of your charitable intent, please
consider
this.
If you have written a will, have you included MPT with a charitable
gift?
If yes, please let us know (Estate
Intention form or contact us directly) so we
can make sure your wishes are properly carried out and issue an invitation to
join the Heritage Society.
If no, may we provide
you with an example of a simple codicil for your will to enable you to add MPT? Also, please consider the options below. |
| If
your goal is to: |
Then
you can: |
And
your benefits are: |
|
Make a quick and easy gift. |
Simply write a check
now, or give through our secure
online process. |
An income tax deduction and immediate impact for us. |
| Avoid
tax on capital gains. | Contribute long-term
appreciated stock or other securities. | A
charitable deduction plus no capital gains tax. |
| Defer
a gift until after your lifetime. | Put
a bequest in your will (give us cash, specific
property, or a share of the residue of your estate). | Your
donations are fully exempt from federal estate tax. |
|
Receive guaranteed fixed income that is partially tax-free. |
Create a charitable gift annuity. |
Current and future savings on income taxes, plus stable income. |
| Avoid capital gains tax on the sale
of a home or other real estate. | Donate
the real estate to us, or sell it to us at a bargain
price. | An income tax reduction plus
reduction or elimination of capital gains tax. |
| Avoid
the twofold taxation on IRA or other employee benefit plans. | Name
us as the beneficiary of the remainder of the retirement
assets after your lifetime. | It lets
you leave your family other assets that carry less tax liability. |
| Give your personal residence or farm, but
retain life use. | Create a charitable
gift of future interest, called a retained
life estate. | It gives you tax advantages
plus use of the property. |
| Make
a large gift with little cost to you. | Contribute
a life insurance policy you no longer need. | Current
and possibly future income tax deductions. |
|
Secure a fixed life income while avoiding market risks. |
Create a charitable remainder annuity trust. |
It gives you tax benefits and often boosts your rate of return. |
| Give income from an asset for a period
of years but retain the asset for yourself or your heirs. | Create
a charitable lead trust. | Asset
is returned to the donor or heirs with federal estate tax savings and income tax
deductions for income donated. |
| Create
a hedge against inflation over the long term. | Create
a charitable remainder unitrust. | It
pays you a variable income for life and gives you tax benefits. |
| Make a revocable gift during your lifetime. | Name
us as the beneficiary of assets in a living trust. | Full
control of the trust terms for your lifetime. |