Planned Gifts and Bequests

Creating a legacy with an endowed fund at The Trust

Give a Planned Gift

Like many of our donors, you may choose to set up charitable funds through deferred-giving arrangements. A key feature of many planned gifts is a tax advantage to you now for the commitment of a charitable gift later.

The following can be used:

• Charitable remainder trusts allow you to receive income (or provide income for another person); when the trust terminates, the remaining assets will be used to support your charitable interests.
  
• Charitable lead trusts enable you to make significant charitable gifts in the near term while transferring substantial assets to beneficiaries, who may benefit from significantly lowered gift and estate taxes.
  
• Retirement plan assets can be used to support your charitable interests while achieving significant tax advantages for your heirs.
  
• Life insurance can be used as a charitable asset, enabling you to be eligible for a charitable tax deduction based on the current value of the paid-up policy.

More questions? Get answers about planned gifts »

Leave a Bequest in Your Will

After providing for personal bequests, you may include provisions for setting up a charitable fund or add to one you already have. You will save estate taxes and assure that the charitable work you care about is carried on. Learn more about leaving a legacy>>

Call us to Discuss Your Planned Gift or Bequest

Jane L. Wilton, our general counsel would be happy to talk with you. Contact her at janewilton@nyct-cfi.org or (212) 686-2563.