PLANNED GIVING
Planned
giving is an opportunity for donors to leave their legacy at
Gehlen Catholic School. Planned giving ensures each donor
achieves his/her financial, personal, and spiritual goals.
Planned gifts may include:
Personal
property, securities, and real estate can be donated directly to
Gehlen, the donor’s parish, and/or other non-profits. They may
also be used as the basis of a gift. Charitable bequests, on
the other hand, are not subject to estate taxes. Through
planned giving, donors may find that they are able to make a
gift to Gehlen Catholic School, while receiving financial
benefits such as increased current income, tax savings,
avoidance of capital gains tax, and reduced estate settlement
costs.
The
general vehicles of giving include:
-
Outright gift of cash
-
A
trust providing income to Gehlen for a period of years,
which then reverts to the beneficiaries of the donor (which
may or may not include family members)
-
A
trust providing income for life to the donor and
beneficiaries, the assets of which eventually come to Gehlen
-
Bequests
The key
is to focus on the donor's overall estate/financial picture and
identifying the appropriate vehicles. This collaboration ensure
the achievement of the donor’s goals. Thus, the legacy of the
donor lives on in the life of our school and community.
DISCLAIMER: The
information contained in this discussion is intended to be of
general nature only. You should not act on this information
without consulting a qualified professional to determine how it
may apply to your unique business and personal situation.
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VEHICLES FOR PLANNED GIVING*
TO GEHLEN CATHOLIC SCHOOL
Our tax
structure and its incentives provide a varied array of vehicles
for giving to Gehlen. The following is a basic overview of some
of the most common and popular gift vehicles.
Generally, gifts fall into one of three groups:
1. A
single, outright, lifetime transfer or series of annual gifts;
2.
Revocable arrangements for a future gift; and
3.
Irrevocable provisions for a deferred gift.
