| WHAT
IS PLANNED GIVING?
Simply put, planned
giving is the process of coordinating gifts to nonprofit
or charitable organizations with your overall estate
plan. Your primary reason for making a gift to the
VSU Foundation is to support the work and mission
of VSU. However, once you have decided to contribute,
the gift should be structured to obtain the maximum
tax benefits. Federal tax laws are very favorable
toward charitable giving and there are many ways to
benefit from a tax savings standpoint.
Planned gifts can be
current or deferred. usually they are gifts of assets
other than cash, such as stocks, bonds, real estate
or other personal property. Deferred gifts include
bequests, life income gifts such as charitable remainder
trusts, gift annuities, pooled income fund, insurance,
retirement plan gifts, and life estate contracts.
Under certain circumstances, tax savings can be substantial
which can result in an increase in inheritance for
your heirs. Generally, gift planning can result in
savings on income taxes, capital gains taxes and estate
taxes.
Won't you join us in
our mission to provide exemplary education to students
in South Georgia and to continue to improve the quality
of life for all in our region? By planning to make
an important gift to VSU through the Foundation, you
can become a partner in excellence in education and
cultural contributions to our region. Contact Sandra Fletcher, (229) 333-7441, for
additional information.
|