Planned Gifts
Bequests
Enables donors to reduce estate taxes while supporting the farm by providing Furvivors percentage, dollar amount or the remainder of a donor’s estate.
Charitable Gift Annuities
A donor can contribute assets to Furvivors while receiving an income tax charitable deduction and receive a guaranteed income for life.
Charitable IRA Rollover
Allows donor 70½ years and older to direct up to $100,000 from their traditional IRA to a charitable fund. The Charitable IRA Rollover counts towards the Required Minimum Distribution, the amount a person over 72 years of age must withdraw from an IRA each year.
Charitable Lead Trust
Donor can provide income to Furvivors for a specified number of years then the remainder is returned to the donor or their beneficiaries.
Charitable Remainder Trust
Donor irrevocably provides cash or equities to trust. The remainder of the trust is transferred to Furvivors when the trust is no longer needed by the donor.
Gifts of Retirement Assets
Since retirement assets are considered to be “income in respect of a decedent” a great way to preserve your funds for your heirs while supporting Furvivors as gifts to a charity is generally not taxed. Many consider leaving their normally higher-taxed assets to a charity while passing on the lower-taxed assets to their descendants.
Life Insurance
Donors may gift a life insurance policy that is no longer needed or name Furvivors as a beneficiary of an existing policy. This type of gift may provide income and estate tax savings for the donor.
Please consult with your financial advisor, attorney and/or family to determine if a planned gift aligns your philanthropic and financial goals.