Revocable Gifts
A Gift in Your Will
Establish a gift in your will that reflects your most personal and important lifetime concerns. This is a powerful way to make a difference because your gift can be changed, costs you nothing as long as you live, and provides an estate tax deduction equal to the value of gifts to charity.
Revocable Living Trust
Create a trust that can be revoked or changed during your lifetime that directs the disposition of your assets, including charitable gifts. Used alone or in conjunction with a will, a revocable living trust can minimize the cost and delays associated with probate, facilitate asset transfer, provide privacy and, unlike a will, ensure asset management continuity in the event of disability.
Retirement Plan Assets
Add a charitable beneficiary designation to your IRA, 401(k), or other qualified retirement accounts. You can use a retirement plan to realize philanthropic goals and avoid income tax on plan assets—a smart way to give while reducing the tax burden on your heirs.