Making Charitable Gifts and Planned Giving: A Simple Guide
When You Give, Choose the Best Way for You
 
Whatever your reason for giving, choose the method that best suits your circumstances. Fortunately, you have many valuable options.
 
You can make an outright gift that assures you a current tax deduction and allows the Guild to use the gift now for our pressing needs. Or you can give the Guild a Planned Gift (deferred gift) for our ultimate use, a plan that assures you a current tax deduction plus other benefits.
 
The following table explains the basic differences from both your viewpoint and ours.
 
Type of Gift Your Benefits The Guild's Benefits

Cash

 Tax deduction Immediate use for our needs
Securities Tax deduction
Tax avoidance on gain
 Immediate use of income or
sale proceeds

Personal property for
related use by us

 Tax deduction
Tax avoidance on gain		 Immediate use of property
Real property Tax deduction
Tax avoidance on gain		 Immediate use of property or
its income or sale proceeds
Life insurance policy Current and possibly future
tax deductions		 Ultimate use of policy proceeds
Life estate in home or farm Continued use
Tax deduction
Tax avoidance on gain
Estate tax savings		 Ultimate use of property or
its sale proceeds
Annuity trust or unitrust Life income
Tax deduction
Tax avoidance on gain
Estate tax savings		 Ultimate use of gift after
lifetimes of you and
any other beneficiary
Lead trust Allows property to be
passed to others with
reduced gift and
estate taxes		 Use of income for term of trust
Bequest Estate tax savings Ultimate use of gift
 
 
This information is not intended as legal advice. For legal advice, please consult an attorney. (Printed with permission from The Stelter Company)
 
© 1996 The Stelter Company

 

For more information or to make a donation
please contact the Director of Development
E-mail: development@protestantguild.org

 
 
 
 
The Protestant Guild for Human Services, Inc., 411 Waverley Oaks Road, Suite 104, Waltham, MA 02452
Tel: 781.893.6000
     Fax: 781.893.1171