Here is a list of a few of the most popular ways you can help others - and yourself - through planned giving.
Wills: The most frequently utilized planned gift is a bequest through a will. Your gift to UCP in your will can be a fixed dollar amount, a percentage of your estate, or the remainder of your estate after making provisions for your family and loved ones.
Charitable Remainder Trusts: A charitable remainder trust (CRT) provides the flexibility to name UCP today as the ultimate recipient of your gift, while retaining a stream of income - either fixed or variable - either for a specified number of years (up to 20) or for your entire lifetime, and/or that of a loved one. You will also receive an immediate and significant charitable deduction for your gift.
Charitable Lead Trusts: Cash or securities are the typical types of assets used to create a trust that pays an annuity - a fixed or variable stream of income - from the trust to UCP for a fixed period of years. At the end of that time, the assets are returned to you or one or more beneficiary(ies) you have selected.
Life Insurance: By purchasing an insurance policy and naming United Cerebral Palsy of Philadelphia & Vicinity as the owner and beneficiary, you will be entitled to an immediate charitable gift income tax deduction for each premium payment you make. Another method is to transfer a paid-up insurance policy. In return you will receive an immediate charitable deduction.
Memorial Giving: All of the ideas presented here can include a personal and perpetual tribute to a loved one. There may be no better way to honor someone special than by making a gift with lasting meaning.
For more information, or to obtain a free copy of the brochure, TaxSmart Charitable Planning, please call 215-248-7609 or e-mail email@example.com