Planned Giving
Q: How can I help St. Martin's Episcopal School to carry on its tradition while gaining possible financial advantage for me and my family?A: Review the list below for a quick look at what is right for you.
If your Goal is to:
Make a quick and easy gift
Donate cash, securities or personal property
(for a short case study on how giving securities can save real dollars view this link http://www.pgdc.com)
Income tax deduction; avoidance of any capital gains tax
Make a revocable gift during your lifetime
Your best choice may be an outright gift.
Name us beneficiary of assets in a living trust
Control of trust for lifetime; possible estate tax savings
Defer a gift until after your lifetime
Name us in your will
A donation exempt from federal estate taxes
Make a large gift with little cost to yourself
Your best choice may be a bequest in a will.
Give a policy with us as owner and beneficiary
Current income tax deduction; possible future deductions
Avoid the twofold taxation on retirement plan assets
Your best choice may be a gift of life insurance.
Name us as beneficiary of the remainder of the assets after your lifetime
Avoidance of heavily taxed gift to heirs, allowing less costly gifts
Avoid capital gains tax on the sale of a home or other real estate
Your best choice may be a retirement plan gift.
Donate the property to us, or sell it to us at a bargain price
Immediate income tax deduction and avoidance of capital gains tax
Give your personal residence or farm, but continue to live there
Your best choice may be a gift of real estate.
Designate the ownership of your home to us, but retain occupancy
Charitable income tax deduction and lifetime use of home
Secure a fixed and often increased income
Your best choice may be a retained life estate.
Create a charitable trust that pays you a set income annually
Immediate income tax deduction and fixed income for life
Create a hedge against inflation over the long term
Your best choice may be a charitable remainder annuity trust.
Create a trust that pays a percentage of the trust’s assets, valued annually
Immediate income tax deduction, annual income for life that has potential to increase
Supplement income with fixed annual payments
Your best choice may be a charitable remainder unitrust.
Enter a contract with us, in which we’ll pay you fixed payments annually
Current and future savings on income taxes; fixed payments for life
Reduce gift and estate taxes on assets passing to heirs
Your best choice may be a charitable gift annuity.
Have a trust that pays a fixed or variable income to us for a set term, passing then to heirs
Reduce size of taxable estate; keeps property in family, often with reduced gift taxes
Your best choice may be a charitable lead trust.
A: Call your legal, tax or financial counsel and let them know that you want to include St. Martin's Episcopal School in your plans.
Q: And then?
A: You may contact the Advancement Office. We will be glad to work with your advisors to develop a plan that works for you, your family and St. Martin's. Click here for the 1959 Society bequest form.
The information on this site is not intended as legal, tax or investment advice. For such advice, please contact an attorney, tax professional or investment professional.
