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A Quick Guide to Gift Planning

This summary chart will give you a quick overview of many of the gift planning options available to you. Please keep in mind that your individual circumstances need to be considered before taking any action. As with all tax and estate planning, please consult your attorney or estate specialist.

A primary question to consider first is have you made out a Will?

If you have not yet written a Will, regardless of your charitable intent, please consider this.

If your goal is to:

Then you can:

And your benefits may include:

Make a quick and easy gift.

Simply write a check now, or give through our secure online process.

An income tax deduction and funds we can put to immediate use.

Avoid tax on capital gains.

Contribute long-term appreciated stock or other securities.

A charitable deduction plus no capital gains tax.

Defer a gift until after your lifetime.

Add a bequest to your Will or Trust (give cash, specific property, or a share of the residue of your estate).

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You retain control of your assets. There may be a reduction in estate taxes.

Make a gift of real property, such as coins, stamps, antiques or art.

Donate tangible real property to us.

A charitable tax deduction and the possibility of income for life if done through a trust or to set up an annuity.

Make a revocable gift during your lifetime that makes an impact beyond your lifetime.

Name us as the beneficiary of assets in a Living Trust.

Full control of the Trust terms for your lifetime.

Receive guaranteed fixed income that is partially tax-free and an immediate partial tax deduction.

Create a charitable gift annuity.

Current and future savings on income or estate taxes, plus fixed, stable payments.

Reduce taxable income when receiving mandatory IRA distributions.

Direct your IRA or Roth IRA administer to contribute directly to Keystone Partnership.

No increase in taxable income.

Avoid capital gains tax on the sale of a home or other real estate.

Donate the real estate to Keystone Partnership or sell it to us at a bargain sale.

A charitable tax deduction with the possibility of reducing or eliminating capital gains tax.

Avoid the twofold taxation on IRA or other employee benefit plans.

Name us as the beneficiary of the remainder of the retirement assets after your lifetime.

It lets you leave your family other assets that may carry less tax liability.

Give your personal residence or farm, but retain life use.

Create a charitable gift of future interest, called a retained life estate.

It gives you tax advantages plus use of the property.

Make a large gift with little cost to you.

Contribute a life insurance policy you no longer need.

Current and possibly future income tax deductions.

Secure, fixed payments for life with a hedge against inflation over the long term.

Create a Charitable Remainder Unitrust.

Variable payments for life plus tax benefits.

Secure fixed payments for life while reducing market risks.

Create a Charitable Remainder Annuity Trust.

It gives you tax benefits and often boosts your rate of return.

Give income from an asset for a period of years but retain the asset for yourself or your heirs.

Create a Charitable Lead Trust.

Asset is returned to the donor or heirs with federal estate tax savings and income tax deductions for income donated.

Gift Planning home page

For more information or a confidential discussion of your charitable options, please email or call Ann Moffitt at 717 232-7509 ext. 133.

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