Such giving techniques are called “planned gifts,” because with thoughtful planning, you create win-win solutions for you and your parish, Catholic school or favorite ministry within the Archdiocese of Baltimore. For example:
Make an important impact to the Foundation that doesn’t cost you anything during your lifetime, but that is priceless as part of the legacy that you leave behind.
Make a bequest by including a gift from your will or trust (cash, specific property, or a share of the estate).
A great way to provide resources that help the Foundation maintain our traditions.
Leave more of your estate to your heirs.
Eliminate income tax on retirement plan assets, and free up other property to pass to your heirs.
Continue to receive benefits back from the assets you give to the Foundation — and thus multiply your gift.
Create a life-income plan like a charitable gift annuity, charitable remainder annuity trust or charitable remainder unitrust.
Receive income for your lifetime, receive a charitable deduction, and diversify your holdings.
Reduce high tax liability now; gain additional income later.
Receive a larger deduction and a higher income rate than an immediate payment annuity.
Create a long-term gift that won’t draw funds from your estate.
Increase your ability to make a significant gift to the Foundation.
Reduce gift and estate taxes and leave more of your assets to your heirs.
Create a charitable lead trust to pay income to the Foundation for a fixed time, then pay the remainder to your heirs.
Reduce gift and estate taxes, and freeze the taxable value of growing assets before they pass to your family.