The Heritage Society
Types of gifts
Be sure to seek the advice of your financial planner, lawyer or advisor.
Your Heritage Society gift can take many forms — from an outright gift
to trust arrangements that benefit a surviving spouse; from a bequest
under a will to a gift that provides for you and your family. Here are
some of the options:
- Wills, Bequests:
Leave specific assets or a portion of your estate;
- Outright Gifts:
Give cash; appreciated real estate or other property; publicly traded securities; bonds;
- Life Insurance, Retirement Plans, Savings Accounts:
Designate the Foundation as beneficiary;
- Gifts offering lifetime income for you and your spouse:
Set up a charitable remainder unitrust or charitable remainder annuity trust;
- Gifts with retained lifetime interest for you and your spouse:
Give a remainder interest in a residence or farm;
- Gifts of Income:
Set up a charitable lead trust.
Many of these alternatives offer significant tax advantages. Be sure to seek the advice of your financial planner, lawyer or advisor to decide which one offers the greatest benefit and obtain details on these plans.
