Different gift vehicles provide various tax benefits. The chart
outlines a few.
|
|
Bequests and Lifetime Gifts |
Life Income and Other Planned Gifts |
|
||||||
|
Outright Gifts |
Gifts by Will |
Disclaimers in Favor of Charity |
Gifts of Life Insurance |
Charitable Remainder Trusts |
QTIP Trusts |
Life Estates |
Charitable Lead Trusts |
Transferring Private Foundations |
|
|
Time of Donation |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
|
During lifetime |
X |
|
X |
X |
X |
X |
X |
X |
X |
|
Upon death |
|
X |
X |
X |
X |
X |
X |
X |
X |
|
Upon beneficiary's death |
|
|
X |
|
X |
X |
X |
|
X |
|
Form of Donation |
|||||||||
|
Cash |
X |
X |
|
|
X |
X |
|
X |
X |
|
Securities |
X |
X |
|
|
X |
X |
|
X |
X |
|
Real estate |
X |
X |
|
|
|
|
X |
X |
X |
|
Life insurance |
|
|
|
X |
|
|
|
|
X |
|
Valued items |
X |
X |
X |
|
|
|
|
|
X |
|
Form of Tax Benefit |
|||||||||
|
Income |
X |
|
|
X |
X |
X |
X |
X |
|
|
Estate |
X |
X |
X |
X |
X |
X |
X |
X |
|
|
Capital gains |
X |
|
|
|
X |
|
|
|
|
|
Excise |
|
|
|
|
|
|
|
|
X |
Note: The Community Foundation is not in the business of rendering legal, accounting or financial advice. Always discuss your plans with your attorney, accountant or financial advisor.
Questions? For more information please Contact Us.