One of the most common types of planned gifts is a bequest. Bequests are fully estate-tax deductible and can help reduce taxes in large estates. A bequest gives you the flexibility of keeping your assets during your life and at the same time determining how they will be used upon your death.
Charitable Gift Annuities
Another often-used gift planning instrument is a gift annuity. Part gift and part annuity, the charitable gift annuity is a contract between the University and the donor by which the University promises to pay a fixed annuity to the donor and another for life, in exchange for cash or appreciated property.
Charitable Remainder Trusts
For larger life-income gifts, these trusts permit a donor to make a gift of appreciated assets, avoid all capital gains tax that would come with a sale, and receive an income stream for life.
Because of the favorable tax treatment, retirement plans have become a popular savings tool. However, due to changes in tax laws, they may be one of the most efficient ways of making a gift at death.
Real Estate and Personal Property
Gifts of appreciated real estate and property such as antiques, collections, art, books, and the like, used for our educational mission, carry the same beneficial tax treatment as gifts of appreciated securities.