How to Give
Giving options provide exceptional planning strategies and flexibility and may minimize tax implications.
* Reduce your income taxes * Avoid capital-gain tax * Increase your spendable income * Retain payments for life * Achieve no-cost, worry-free asset management
Types of Giving Include:
Gifts by Will
Make a gift that costs nothing now.
Gifts That Pay You Income
Do you want to support The Sisters of St. Dominic but worry about having enough income for yourself and your loved ones? Life-income gifts, such as gift annuities and charitable remainder trusts, can provide donors with an income stream, significant tax savings, and the satisfaction of supplying The Sisters of St. Dominic with vital long-term resources.
The Charitable Lead Trust
Transferring property to The Sisters of St. Dominic and individuals you wish to benefit is not always an either/or proposition. With careful planning you may be able to arrange your transfers to accomplish more than one objective. For example, if you have assets that are appreciating, children who may want to start a business in the future, and a desire to assist The Sisters of St. Dominic, you may wish to consider creating a charitable lead trust.
Gifts from Retirement Plans
You may consider using retirement-plan benefits to make a significant gift that will support The Sisters of St. Dominic. Because of the estate- and income-tax treatment of retirement-plan benefits, the cost of your gift to your estate and heirs is often relatively small.
You may make a charitable gift to The Sisters of St. Dominic after your lifetime without revising your current will or estate plans. An estate note is an irrevocable pledge or debt against the donor’s estate.
Gifts of Assets
The simplest way to support The Sisters of St. Dominic is through cash gifts. But creative gifts of assets can include stocks, bonds, and property (real estate and personal property such as artwork). These can not only provide you with charitable deductions, but can also offer additional tax savings.