What is Gift Planning?
Gift planning aligns your charitable giving with your financial, tax, and estate goals, using tax-smart strategies to make meaningful gifts during your lifetime and through your estate.
Gift planning helps you make a bigger impact-during your lifetime or through your estate-while aligning your giving with your financial, tax, and family goals.
It often involves gifts of assets (like stocks, real estate, retirement plans, or insurance) and can combine a current gift with a future one. With the right strategy, you may also receive tax benefits and, in some cases, lifetime income.
The best option depends on your situation and goals. Contact us today to explore what might work for you.
There are several types of gift plans:
- Outright asset gifts
- Qualified charitable distributions (QCDs)
- Bequests via will or trust
- Beneficiary designations
- Charitable life income plans
- Charitable lead trusts
- Donor advised funds (DAFs)
- Charitable life estates
- Zero-tax gift and sales
These planned gifts can also be combined. For more details, visit our How to Give page.
Which gift plans are appropriate for you greatly depends on your personal situation and planning goals for you and your family.
A wise man once said the "art of gift planning" involves connecting the head, the heart and the wallet of the donor:
- The head - Understanding why a nonprofit needs and is worthy of my support, and how my support will impact it
- The heart - My wealth follows my passions
- The wallet - Does this gift make sense for me and my family given my personal situation and goals?
Contact us today to learn more about gift planning. We would welcome the opportunity to serve you.
