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Giving Your Way

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Your Legacy will be an Avonian's Future
 

Giving your way

 

Make a gift that costs you nothing today and can be altered or revoked if your plans change

Gift Option:

Charitable Bequest: A Gift In Your Will
A bequest is simple and direct and can be changed should you want or need to do so.

Best Way to Realize My Objective…

Designate a specific asset, a specific sum of money, a percentage of your estate, or what remains of your estate after you’ve provided for all other heirs.

 

Make a gift that reduces current income tax

Gift Option:

Outright Gifts Or Planned Gifts
Both outright gifts and planned gifts (charitable gift annuities, charitable remainder trusts) can reduce current income tax if you itemize your taxes.

Best Assets to Realize My Objective…

Cash - An easy option—check or credit card.

Securities - Transfer appreciated assets (stocks, bonds).

Real Estate - Some real estate will qualify. Talk to us. 

 

Make a flexible gift that lets you alter or revoke your gift if you need or want to change your mind

Gift Option:

Charitable Bequest
A bequest is simple and direct and can be formally changed should you want or need to do so.

Life Insurance
Designate a beneficiary now and change it later if your plans change.

Best Assets to Realize My Objective…

  • In your will, designate a specific asset, a specific sum of money, a percentage of your estate, or what remains of your estate after you’ve provided for all other heirs.
  • Make Avon Old Farms School the beneficiary of life insurance you no longer need.

 

Make a gift from your IRA

Gift Option:

The Ira Charitable Rollover
A qualified charitable distribution from your IRA—available to IRA owners age 70½ or over.

Best Way to Realize My Objective…

  • Must be a transfer directly from the IRA to the Avon Old Farms School.
  • No tax deduction, but gift counts toward RMD and no tax is due.
  • Gift up to $100,000 (annual aggregate limit) qualifies for favorable tax treatment.
  • A one-time distribution up to $50,000 can be used to establish a charitable gift
    annuity or a charitable remainder trust.

 

Questions?

Please contact Sarah Wallace, Planned Giving Manager, at 860-404-4267,
or  
wallaces@avonoldfarms.com