Planned Giving

Planned giving is a way for you to provide for yourself and your loved ones while also yielding significant tax advantages while you are alive and after for your chosen beneficiaries. By giving thoughtful consideration to this matter now, you can be assured that gifts from your estate will reflect your values and desires.

Options For Giving

There are a variety of approaches available for you to create a lasting gift for your loved ones, our Choruses and, ultimately, the entire community:

• Bequests
  A gift specified through your will.
• Charitable Remainder Trust
  A trust created in order to leave assets to a charity or non-profit organization at some time in the future. Usually a person receives income from the trust while alive. The remaining trust principal goes to the charity upon his or her death.
• Charitable Lead Trust
  A trust created to provide current income to a charity. Upon your death, the remaining trust principle goes to your heirs.
• Life Insurance
  You can name a charity as sole or co-beneficiary resulting in a large future gift. One other possibility is to donate a fully paid policy to a charitable organization for current tax benefits.
• Remainder Interest in
  Personal Residence
  A current or secondary residence can be given to a charity while the owner retains the right to live there for life (or a chosen survivor's lifetime.)
• Retirement Plans
  You can name a charity as the sole or co-beneficiary on various retirement plans including IRAs, SEPs, Roth IRAs and 401(k)s to pass to the charity upon your death.
• Transfer on Death
  For non-qualified accounts such as mutual funds and brokerage accounts, you can effectively pass on the assets upon your death to a charity.

If you would like to explore these options, we can suggest a number of planned giving professionals who can assist you, please call 206.323.0750 for more information