What is planned giving? Planned giving can mean any number of ways to give to Saint Vincent Ferrer, while at the same time supporting the future well-being of your family. For instance, planned giving includes leaving a gift in your will, including Saint Vincent as a beneficiary in your retirement plan, naming Saint Vincent as owner or beneficiary on a life insurance plan, …
Not only are these ways to give convenient and easy, but you may benefit as well.
- Have the satisfaction of making a difference.
- Avoid capital gains tax on gifts of appreciated property.
- Reduce income tax through a deduction for a gift.
- Eliminate federal estate tax on property donated to charity after death.
- Retain life income for yourself and other beneficiaries.
- Reduce costs and time in estate settlement.
- Fulfill philanthropic goals.
For more information, contact Marc Greenberg, parish Business Manager, at marcg@isoc.net or 791-9030.
All donors are urged to seek the advice of a competent legal or tax professional as to the consequences of their gift prior to entering into a Planned Gift Arrangement.