Planned Estate Giving
Whoever sows bountifully will also reap bountifully. ~ 2 Corinthians 9:6
Plant a Seed
- Planting a seed is easy, but over time that seed can become something beautiful, valuable, useful, and full of life.
- Planned gifts are the same. The simplest example is a will, but there are many other types of planned gifts .
- Other types of planned gifts not only create benefits in the future, but create benefits right away — for you, your loved ones, as well as IHC.
Do Your Values Align with IHC’s Values? Should those Values be Preserved for the Future?
- Planned gifts ensure that your assets serve your values.
- If your values align with IHC’s values, and you believe those values should be preserved for the future, then planned gifts are for you.
Planned gifts provide a wide range of creative opportunities.
One gift can return an immediate tax deduction to you, plus lifetime income for you and a loved one, plus long-term financial support to IHC Schools. Thus, you benefit, your loved ones benefit, and the students of IHC benefit. We can help you craft a gift that delivers the exact combination of benefits you desire. You can turn personal giving challenges into win-win solutions for you and the students of IHC.
Where to Begin?
First, you don’t have to be wealthy to make a significant estate gift to IHC. Simply read on.
Gifts Anyone Can Afford
You can make gifts to support IHC that don’t affect your cash-flow, your current lifestyle or your family’s security. You can designate IHC to receive planned gifts in the future, or you can make immediate gifts to IHC of assets that are “out of sight and out of mind.”
- Gifts from your will or trust
- Gifts of stock and appreciated assets
- Gifts from a retirement plan
- Gifts of life insurance
Gifts That Pay You Income
You can make gifts to IHC that return payments to you, thus supporting IHC while increasing your income. The advantage of these gifts is that you will receive income for life or a set period of time, while also providing for the students of IHC.
- A potential increase in your investment income.
- An immediate tax deduction for a portion of your gift.
- No capital gains tax due at the transfer of appreciated assets to your gift plan.
Gifts That Protect Your Assets
Increased income may not be your primary objective. Instead, you may be wondering how you will deal with some highly appreciated property or a growing family business as your needs and lifestyle change. Will taxes consume much of the value that you have worked so hard to grow? Will anything be left for you and your family?
We have several options that help you meet your personal planning goals, save taxes, and make a gift to IHC at the same time.
- You can donate your home, continue to live in it, and get a tax deduction.
- You can contribute a portion of the value of your residence or other property, take a tax deduction and receive cash or an income stream for life.
- You can receive a sum of cash in return for your gift, and apply the cash towards any financial need.
- You can greatly reduce the estate tax cost of passing appreciating assets to your children.
For Professional Advisors
We understand that financial, philanthropic and estate goals are unique to the individual. We welcome the opportunity to confidentially assist as you incorporate your clients’ philanthropic objectives into well-crafted estate plans. We also encourage prospective donors to consult with their financial advisors before making decisions based on information we provide. Please contact the IHC Executive System Administrator, Chris Hornbarger, at (315) 221-3785.