¾«¶«Ó°Òµ

You would designate ¾«¶«Ó°Òµ as a beneficiary of your asset(s) by will, trust or beneficiary designation form.

Read More ¾«¶«Ó°Òµ Bequest

In 2015, Congress enacted a permanent extension of the IRA Charitable Rollover. Because of this permanent extension, you can now make an IRA rollover gift to ¾«¶«Ó°Òµ.

Read More ¾«¶«Ó°Òµ IRA Rollover

You can designate ¾«¶«Ó°Òµ as a beneficiary of a retirement, investment or bank account, or of your life insurance policy.

Read More ¾«¶«Ó°Òµ Beneficiary Designation Gifts

With a Charitable Gift Annuity, you would transfer cash or appreciated property to ¾«¶«Ó°Òµ, and in exchange you would receive fixed payments (with rates based on your age) for the rest of your life.

Read More ¾«¶«Ó°Òµ Charitable Gift Annuity 

With this type of gift, you would transfer cash or appreciated property to fund a charitable remainder unitrust. ¾«¶«Ó°Òµtrust would then sell your property, tax free, and provide you with income for life or a set number of years.

Read More ¾«¶«Ó°Òµ Charitable Remainder Unitrust 

After you transfer cash or appreciated property to fund a charitable remainder annuity trust, the trust would then sell your property, tax free, and provide you with a fixed income for life or for a set number of years

Read More ¾«¶«Ó°Òµ Charitable Remainder Annuity Trust

You fund a trust that would make gifts to ¾«¶«Ó°Òµ for a set number of years. In return, your family would receive the trust remainder at a significant tax savings.

Read More ¾«¶«Ó°Òµ Charitable Lead Trust 

You may be looking for a way to provide your children with income while making a gift to ¾«¶«Ó°Òµ University. ¾«¶«Ó°Òµ"give it twice" trust is a popular option that allows you to transfer your IRA or other asset at death to fund a term of years charitable remainder unitrust. This kind of trust is called a "give it twice" trust because you can use the trust to pay income first to your family for a number of years, and then distribute the balance of the trust to ¾«¶«Ó°Òµ.

Why Establish a Testamentary Charitable Remainder Unitrust

• Keep control of your funds throughout your lifetime
• Provide for your heirs for a specified period of years
• Leave a lasting legacy to ¾«¶«Ó°Òµ University
• Potential for an estate tax deduction
• Allows you to provide income for your heirs for a longer period as opposed to an outright gift of your IRA 

How to Establish a Testamentary Charitable Remainder Unitrust

1. We will work with you and your attorney to create a charitable remainder unitrust.
2. You name the charitable trust as the beneficiary of your IRA account.
3. At the time of your passing, your retirement account  is transferred to the charitable trust.
4. ¾«¶«Ó°Òµtrust will the pay income to your designated heirs for the period specified in the trust agreement.
5. At the conclusion of the specified period, the balance of the trust will be transferred to ¾«¶«Ó°Òµ University.

Please contact us with any questions about a Testamentary Charitable Remainder Unitrust.

This type of gift allows you to leave your home or farm to ¾«¶«Ó°Òµ University upon your death, while also receiving a charitable income tax deduction in the current year.

Why Establish a Life Estate?

• You will receive a federal income tax deduction for the value of the remainder interest on your home or farm
• Retain use and control of your home or farm throughout your lifetime, and for the life of a designated heir if you wish
• Leave a lasting legacy to ¾«¶«Ó°Òµ University

How a Life Estate Works

1. Deed your home or farm to ¾«¶«Ó°Òµ University, with the deed stipulating that you retain control and use of your home or farm for the remainder of your lifetime and also the lifetime of  an heir (if you choose to name an heir).
2. You agree to maintain the property, and continue to pay insurance and property taxes during your lifetime.
3. When you (and your heir, if named) have passed, your home or farm will belong to ¾«¶«Ó°Òµ University, and will then use or sell the property to serve the purpose you stipulate in your Life Estate.

Please contact us with any questions about life estates.

Life Insurance is Often a Forgotten Asset

When you are at a point in life that life insurance is no longer needed, you can change your life insurance policy beneficiaries to ¾«¶«Ó°Òµ University. ¾«¶«Ó°Òµpolicy can be designated upon death to support ¾«¶«Ó°Òµ as a partial or full beneficiary.

Why Include ¾«¶«Ó°Òµ in Your Life Insurance

• There is no need to contact your attorney and incur legal feels to add ¾«¶«Ó°Òµ as a beneficiary. You would simply need to fill out a beneficiary designation form. If there comes a time that the purpose of the future gift changes, you would then just let us know.
• You will leave a lasting legacy to support the goals and mission of ¾«¶«Ó°Òµ.

Another option for those whose life insurance policies are obsolete who are also interested in a charitable deduction, is to transfer ownership of the policy to ¾«¶«Ó°Òµ University. ¾«¶«Ó°Òµsize of the charitable deduction will vary based upon the status of the policy (fully paid, partially paid or new policy).

If you have questions, or for more information on how you can make a gift to ¾«¶«Ó°Òµ using your life insurance policy, please contact us.