
You can increase your current income or protect your estate and
provide for the needs of your loved ones through effective gift
planning. Effective gift planning allows you to obtain valuable
tax advantages and provide a future gift to help the Seniors that
Mary Ryder Home serves. Consult your tax/financial advisor to
learn what may be best for you. For more information on any of
the giving opportunities below, please contact Sarah Dille
(sdille@maryryderhome.org), Director of Development, (314) 531-1413 ext. 235
PLANNING A GIFT IN YOUR WILL:
By including a bequest in your will, you can leave a meaningful gift to enable
Mary Ryder Home to continue providing programs and services to the fastest
growing segment of the elderly population: Seniors, struggling in poverty,
who can
no longer live independently. A bequest in your will is one of the easiest
and most common ways for you to make a gift and tax laws encourage bequests.
CHARITABLE GIFT ANNUITIES:
A gift annuity is a simple, contractual agreement between you and Mary Ryder
Home in which you transfer assets to us in exchange for our promise to pay
you and an additional income beneficiary (optional) a specific amount of
annual
income (otherwise known as an annuity). The rates are fixed at the time of
the gift. You may be eligible for a sizeable contribution deduction in addition
to receiving partially tax-free income. Plus, when using appreciated stock
as the gift, a portion of the capital gain may also be avoided based upon
life expectancy. The remainder of the gift is then used to help the Residents
we serve upon the death of the final income beneficiary.
GIFTS OF LIFE INSURANCE:
Another way you can make a gift to Mary Ryder Home is by donating a life insurance
policy to use or simply name us as the beneficiary. When making a gift of
an insurance policy that is fully paid, you will receive an income tax deduction
equal to the lesser of the cash value of the policy or the total premiums
paid.
CHARITABLE REMAINDER TRUST:
A Charitable Remainder Trust (CRT) is an ideal way you can use non- or low-producing
assets to provide you and an additional beneficiary (optional) increased
income for life or a specific number of years. To establish a CRT, you, as
the donor, transfer assets such as cash, securities and/or real estate, to
a trust credited by the donor. A CRT is an ideal way for you to receive a
minimum of 5% income and use appreciated assets such as stock or real estate
for funding. Much, if not all, gains are avoided while you increase your
income and receive a contribution deduction. Mary Ryder Home receives the
remainder of the trust to provide for the needs of our Residents upon the
death of the final income beneficiary.
RETAINED LIFE ESTATE:
A gift of property to Mary Ryder Home during your life can be advantageous
if you are faced with trying to decide what to do with your home, vacation
home or other property at the end of your life. You can obtain valuable tax
savings by deeding your home to Mary Ryder Home now.
Privacy Policy |