| Benefits To Donor(s)
(in addition to Heritage Society Membership)
|
- Some tax exempt income
- Capital gains tax avoidance on gift portion
- No legal or administrative fees
- Estate tax savings possible
|
- Larger payments beginning on date donor selects
- Some tax exempt income
- Favorable capital gains tax treatment
- No legal or administrative fees
- Estate tax savings possible
|
- Capital gains tax avoidance or deferral
- Estate tax savings possible.
- Tax-free income possible
|
- Principal often passed to next generation at reduced cost, reduced gift/estate taxes |
- Estate tax savings
- Larger gift for smaller contributions
- Income tax deductions for premiums paid on policy
- Income tax deduction for value of donated policy
|
- Estate tax savings
- Does not reduce current income or use assets needed for health care
|
| Benefits To Luther Seminary |
- Future Gift
- Initial value may grow
|
- Future Gift
- Initial value may grow
|
- Future Gift
- Initial value may grow
|
- Income during trust period
|
- Larger future gift
- LS may borrow from cash value, if it is owner
|
- Future gift |
| Preferred Assets |
Cash and appreciated stocks and bonds |
Cash and appreciated stocks and bonds |
Cash and appreciated stocks and bonds, including tax-exempt bonds, real estate |
Cash, rapidly appreciating stock and other assets |
Existing or new policy (not term insurance) |
Retirement accounts; other real and personal property |
| More About This Gift Option |
Read More
about
Charitable
Gift Annuities |
Read More
about
Charitable Deferred Payment
Gifts |
Read More
about
Charitable Remainder
Trusts |
Read More
about
Charitable
Lead Trusts |
Read More
about
Charitable
Life Insurance |
Read More
about
Charitable Bequests
and P.O.D. Accounts |
