One of the greatest opportunities for charitable giving occurs when you are making major business, personal and financial decisions. These special circumstances include writing or revising your will, contemplating the sale of a business or other major asset, planning for retirement or receiving a financial windfall.
When you work with CICF, we'll make sure you have plenty of options for future giving based on these important decisions that meet your charitable goals. From simple bequests to complex charitable trusts—the possibilities are endless.
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Here are just a few options:
- Giving part of your estate via a bequest in your will to a family fund for your heirs and passing on your legacy, pleasure, and privilege of giving to the next generation.
- Making any CICF fund (yours or a general fund) a partial beneficiary of a retirement account or an insurance policy.
- Using any estate-planning tool to "endow" your current annual giving to the organizations or issues you value the most so your support continues after you're gone.
- Receiving significant tax advantages for gifting privately-held stock to your CICF fund prior to sale, transfer or going public.
- Reducing capital gains taxes and increasing lifetime income by creating a charitable trust to benefit you, others you choose and any CICF fund (yours or a general fund).
Explore the other planned giving pages for even more examples and benefits from this type of charitable planning.
To further consider these giving opportunities, contact your estate planning attorney or call Jan Edmondson or Mary Stanley, in our development and philanthropic services team, at 317.634.2423.