Three popular planned giving strategies are:
- Appreciated Securities
- Charitable Gift Annuities
Read more about them below or, if you’re just starting out, reference our guide for beginning estate planning.
For more information on gift planning options please contact Anita Ridge at email@example.com or at 312-413-8746.
- Earn a charitable gift income tax deduction equal to the market value of the donated shares, as long as you have owned them for at least one year.
- Save capital gain taxes, which you would have owed when you sold the shares.
- Increase your tax basis in the security you donate by re-purchasing it with the cash you would have given at current market value.
- Achieving any significant charitable goals you have at UIC.
- Providing an enormous impact to UIC later without using your assets during your lifetime.
- Significantly reducing the tax burden of an estate because the value of your bequest is deductible, without limit, when your taxable estate is computed.
- Achieving a significant charitable goal at UIC while providing lifetime income for yourself and your spouse.
- Increasing income as you and your spouse age.
- Guaranteed payments for life.
- An immediate income tax deduction for your gift.
- A portion of each annuity payment is tax-exempt.
- Supplementing a parent or sibling’s income, while supporting UIC, during your lifetime or after your death.
- The option for a deferred CGA to provide retirement income for yourself and your spouse at a later date, with an income tax deduction today.