In addition to supporting the mission of CSE, a planned gift can provide to you substantial tax advantages, especially on gifts of stocks and real estate. The total income, estate, and capital gains tax savings and the probate expense savings can come close to the amount transferred. The benefits include:
Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs of CSE. Even with the increased standard deduction in the tax law that became effective January 1, 2018, an immediate income tax charitable deduction resulting from a planned gift may lead to itemizing deductions and greater tax savings. A planned gift makes it possible for you, your loved ones, and CSE to all benefit.
We want to be sure that we can fulfill your wishes. If you have any questions, please contact:
Sally Cleary, CFRE
Vice President for Institutional Advancement
College of Saint Elizabeth