Include The Price Center in Your Estate Plan
Please contact Suzanne Kinsellagh, Director of Development at 617-244-0065 x1008 or by email email@example.com if you would like to discuss estate giving options or create a plan. Planned gifts benefit The Price Center while providing you with flexibility, tax advantages, and a meaningful legacy. They include:
Give to The Price Center without affecting your cash flow during your lifetime. A bequest is a gift created now and given at the end of your life. When The Price Center receives your gift, it is applied to the purpose(s) you specify. You can make your gift a percentage of your estate, a fixed amount or a tangible asset.
Charitable Gift Annuities
Earn a fixed income for life, for yourself or a loved one, where a portion may be tax –free. This is wonderful, tax-efficient way to support The Price Center and can be tailored to your individual goals. If the annuity is funded by appreciated stock, you will save on capital gains taxes.
Gifts of Retirement Plans
Retirement savings are potentially the most tax- burdened assets that one may own, often subject to both income and estate tax. The balance of your retirement plan may be worth more when donated to The Price Center than to your heirs. You name The Price Center as a beneficiary of your IRA, 401(k), or other qualified plan. After your lifetime, the residue of your plan passes to The Price Center tax-free.
Charitable Remainder or Lead Trusts
Discover an innovative way to pass appreciating assets on to family members while making gifts in the interim. This is essentially a charitable remainder trust in reverse – it pays income to the charities your choose for a designated period of time or life expectancy and then passes the remaining assets back to the donor or beneficiaries after the time lapses.
Retained Life Estate
Receive a large deduction by donating a residence while retaining the right to live there.