summary chart will give you a quick overview of many of the planned giving options
available to you. Another page to consider if you are exploring Planned Giving
for the first time is our Planned Giving factors. Please
keep in mind that your individual circumstances need to be considered before taking
any action. As with all tax and estate planning, please consult your attorney
or estate specialist.
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.
your goal is to:
Then you can:
And your benefits are:
Make a quick and easy gift.
write a check now, or give through
our secure online
||An income tax deduction and immediate impact for us.
tax on capital gains.
||Contribute long-term appreciated stock or other securities.
charitable deduction plus no capital gains tax.
a gift until after your lifetime.
a bequest in your will (give us cash, specific property,
or a share of the residue of your estate).
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.
diversification usually reserved for very large investments
to a Pooled Income Fund.
income for life and an immediate tax deduction on a portion of the contribution.
|Avoid capital gains tax on the sale
of a home or other real estate.
the real estate to us, or sell it to us at a bargain
||An income tax reduction plus
reduction or elimination of capital gains tax.
the twofold taxation on IRA or other employee benefit plans.
us as the beneficiary of the remainder of the retirement
assets after your lifetime.
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
||It gives you tax advantages
plus use of the property.
a large gift with little cost to you.
a life insurance policy you no longer need.
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.
a charitable lead trust.
is returned to the donor or heirs with federal estate tax savings and income tax
deductions for income donated.
a hedge against inflation over the long term.
a charitable remainder unitrust.
pays you a variable income for life and gives you tax benefits.
|Make a revocable gift during your lifetime.
us as the beneficiary of assets in a living trust.
control of the trust terms for your lifetime.
For more information or a confidential discussion of your charitable options, please email or call the Vice President and Chief Advancement Officer, Joanne Bean, at 207-893-7891.
Please note, individual financial circumstances
will vary. The information on this site does not constitute legal or tax advice, either in whole or in part. 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 this Legacy Giving section has been developed
for Saint Joseph's College by Future
Focus. Please report any problems to section webmaster.