Planned Giving Options

PLANNED GIVING OPTIONS

 

Make an Immediate Difference

 

Outright Gift – Gifts of assets such as cash and stock qualify as planned gifts by virtue of their dollar amount and the contemplation time it takes for donors to plan such gifts. These gifts are for the current use of the institution and are easy to set up.

Charitable Lead Trust – This trust is a powerful way to protect your heirs’ inheritance. Assets are transferred into a lead trust, the trust pays Valwood for a specified term, and at the end of that term, the principle reverts to your heirs along with reduced tax liability. It is advisable to seek the expertise of an estate planning professional to consider such an arrangement.

 

Enjoy Reliable Payments

 

Charitable Gift Annuity – This charitable gift is a simple contract between the donor and the school. The donor makes an irrevocable gift in return for fixed annual payments for life. The payments are based on your age at the date of the gift and have the option to be deferred to a future date. After your lifetime, the remaining balance of your gift supports the school. Advantages include but are not limited to:

  • Secure and simple
  • Especially smart gift choice for retired donors
  • Charitable income tax deduction in year of gift
  • Favorable capital gains treatment

Charitable Remainder Trust – A trust of this type is an irrevocable trust in which the donor transfers cash or property to a trustee and in return the donor or individuals named by the donor enjoy income from the trust for life or a specified number of years not to exceed twenty years. When the trust terminates, the principle will be transferred to Valwood School. Advantages include but are not limited to:

  • Charitable income tax deduction in year of gift
  • No capital gains tax on transfer of assets
  • Choice to receive fixed payments or variable payments

 

Simple Yet Powerful

 

Bequest – This is a gift designated in your will or living trust that allows you to leave a specific amount, percentage of your estate or particular asset to Valwood School. Advantages include but are not limited to:

  • Simple to set up
  • Easy to adjust
  • Federal estate tax deduction for amount of bequest
  • Retain use of your assets

Sample Bequest Language

Life Insurance – This gift is accomplished by naming Valwood School as a beneficiary or owner of the policy. Donors may give an existing policy or new policy. Advantages include but are not limited to:

  • East to set up and adjust
  • Sizeable face value for minimal outlay of cash

Retirement Plans and IRA’s – Similar to a life insurance designation, a donor can designate Valwood School as the entire or partial beneficiary of a retirement plan. Advantages include but are not limited to:

  • Significant tax savings
  • Easy to set up and adjust