Planned Giving / Estate Planning
Every year, many choose to contribute time, energy, and other resources in support of their charitable interests.
You may find time devoted to deciding what to give, when to give, and how to give can make a difference when considering how much you may wish to give. Generous tax incentives provided under federal law and the laws of many states can also help you make the most of your charitable dollars.
Planning Overview
There are three common themes that help ensure that your gifts have the greatest possible impact:
Giving the right property.
What you choose to give can be viatlly important in determining how much to give.
Giving at the right time.
Charitable gifts are madein the context of other events in our lives. Through careful planning, it can be possible to make gifts that accomplish charitable objectives while helping to provide for other needs such as retirement security, educational expenses, care for elders, and other financial priorities. Tax benefits can also be enhanced by careful timing your gifts.
Giving in the right way.
Whether you give money or other property outright, or you defer your gift and retain income and/or access to property for your lifetime, special opportunities may allow you to give more than you might have otherwise thought possible.