Now: Outright Gifts
| Gift Type | Summary | Goals | Minimum | Difficulty | Next Step |
| Cash | An outright gift of cash enabling the largest deduction from your taxable income. |
|
$1 | Easy | Your discretion |
| Securities | An outright gift made by transferring securities to your church, potentially enabling both a tax deduction for the gift and avoidance of capital gains taxes. |
|
$1 | Easy to Moderate |
To make the transfer, contact:
|
| Real Estate | A gift of real estate may be deeded outright to the your church. The irrevocable gift of property may provide an immediate tax deduction. Further considerations... |
|
Any |
Complex |
Gather your team:
|
| Retained Life Estate | Retained life estate provides for a gift of your property now but retains for you the right to live in and use the property for the lives of you and your survivor. |
|
Any |
Complex |
Gather your team:
|
Income: Gifts that Pay Back
| Gift Type | Summary | Goals | Minimum | Difficulty | Next Step |
| Charitable Gift Annuity |
An irrevocable gift of cash or securities where you receive a predictable fixed income for life. At termination, your church receives the residual value of the annuity. Rates: Single Life / Two Lives EXAMPLE DIAGRAM |
|
$10,000 | Easy to Moderate |
Go to the Presbyterian Foundation's Gift Calculator Consult with:
|
| Charitable Remainder Trust |
An irrevocable gift of assets into a charitable trust that provides you a fixed (Annuity Trust) or variable (Unitrust) income for life or a set term. At the trust's termination, the trust assets become a generous gift to your church. EXAMPLE DIAGRAM Unitrust vs. Annuity Trust: What's the difference? |
|
$200,000 varies |
Complex |
Go to the Presbyterian Foundation's Gift Calculator Consult with:
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| Charitable Lead Trust | The lead trust's income payments are distributed to your church for a set period of years, after which the assets are transferred back to the grantor (or whomever the grantor has named as beneficiary). |
|
$200,000 varies |
Complex |
Go to the Presbyterian Foundation's Gift Calculator Consult with:
|
Later: Estate Gifts
| Gift Type | Summary | Goals | Minimum | Difficulty | Next Step |
| Bequests by Will |
A gift to your church through your will (or revocable trust) enables you to retain the asset during your life and provide significant support when you no longer require the asset. You may choose a specific value, percentage or the residual value of your estate. Please let your church know your intentions. |
|
Any Amount or percent |
Easy |
Make a Will or Add a Codicil Communicate with Church: Director of Legacy Giving |
| Retirement Assets | In some cases, retirement plans can be the best asset for a donor to leave to your church. Retirement assets can be taxed up to 70% upon inheritance. Naming your church as the beneficiary can avoid that taxation as assets can pass tax free to charitable organizations. You may reserve lower taxed assets to bequest to your heirs. |
|
Any Amount or Percent |
Easy |
Beneficiary Designation Form Your adviser can help decide if this fits with your overall estate plan. We want to thank you, so please let us know! |
| Beneficiary Designations |
Designate your church as a beneficiary of an account or policy. This is a simple and inexpensive way to remember your church in the future. Consider: INVESTMENT ACCOUNTS "TOD" or "Transfer on Death": At death this designation immediately moves designated investment securities to a new owner - your church if you wish.* BANK ACCOUNTS "POD" or "Payable on Death": transfers bank account assets to the POD beneficiary. You may wish to consider a bank account not needed by heirs - to benefit the your church.* LIFE INSURANCE If your insurance policy is no longer needed, you could simply change your church to be the primary beneficiary of the existing policy. If your loved ones still need the security of the policy, consider listing your church as a contingent beneficiary.* |
|
$1 | Easy |
Beneficiary Designation Form * Check with your adviser to ensure that this fits with your overall estate plan We want to thank you, so please let us know! |