Did you know that many of the largest transformational gifts to Maryville College have been estate gifts ? Estate gifts support Maryville College in the future through charitable bequests, trusts, and gift annuities. Moreover, you can join MC's prestigious Society of 1819 when you include Maryville College in your estate plans. Estate gifts can be of any size and can be as specific as a particular item or dollar amount or as general as a percentage of the residual of your estate.
You can support Maryville College for years to come by making a charitable bequest. A charitable bequest is not subject to estate or inheritance taxes, so it may significantly reduce the tax burden of your estate. Most importantly, your gift will support MC's mission into the future. For more information, please contact Diana Canacaris at (865) 981-8198 or email@example.com.
Charitable Remainder Trusts
You can name Maryville College as the remainder beneficiary of a trust. You transfer cash or property into a trust which is managed by a trustee. The trustee makes payments to beneficiaries according to the terms you state. The remainder of the trust goes to Maryville College in the future. You get a federal income-tax deduction for the projected charitable remainder value of your gift, and there are no capital gains taxes when the trust property is sold. Please contact Marsha Wynn at 865-981-8204 or via email at firstname.lastname@example.org for more information and examples.
Charitable Gift Annuities
You can establish a charitable gift annuity by making a gift to Maryville College in exchange for receiving a fixed annual dollar amount for life. The principal remaining at your death will then benefit any Maryville College program that you choose. You get a federal income-tax deduction for the projected charitable remainder value of your gift, and capital taxes will be significantly reduced if you use appreciated property to fund the gift. Please contact Marsha Wynn at 865-981-8204 or via email at email@example.com for more information and examples.
Charitable Lead Trusts
A charitable lead trust can be used to transfer assets to children or others at a significantly reduced tax liability. The trust makes a fixed payment to Maryville College for a specified term. After the trust term ends, the assets of the trust are either returned to you or passed on to children or other beneficiaries. If the assets are to be returned to you, you receive an income tax deduction when the trust is created. If the assets are passed on to heirs, applicable estate or gift taxes on the value of the gift are reduced or eliminated. The tax savings from a charitable lead trust may allow you to provide significant support to Maryville College at little or no cost to heirs in terms of inheritance. Please contact Marsha Wynn at 865-981-8204 or via email at firstname.lastname@example.org for more information and examples.
Naming Maryville College as a beneficiary in your estate plan is a simple and lasting way to acknowledge the College's role in your life. Learn more here.
Gifts of Life Insurance
Life insurance can be an attractive way to make a substantial deferred gift to Maryville College. You may choose to donate a paid-up policy that is no longer needed. Or you may create a new policy with MC as owner and beneficiary, in which case the charitable deduction is for the policy's cash surrender value or net premium paid on the policy, whichever is less. Or you may give a policy that is not fully paid up and take a deduction for the present value of the policy. Any subsequent premium payments will be fully deductible as charitable contributions.
Gifts with Life Income
Gifts that return income to the donor are excellent vehicles for retirement and overall financial planning. Learn more about charitable remainder trusts and charitable gift annuities.
For more information, please contact Diana Canacaris, Director of Development at email@example.com, (865) 981-8198, or by filling in the form below.