|Gift of Appreciated Assets||
Income tax savings, avoids capital gains tax, estate tax savings. Easier than making a cash gift.
|Charitable Gift Annuity||
Fixed income for life - partial tax-free, income tax deduction, simple contract, estate tax savings
|Charitable Remainder Annuity Trust||
Avoids capital gains tax, fixed income for life or term of years, income tax deduction, flexible payout rate, estate tax savings, diversity investments
|Charitable Remainder Unitrust||
Avoids capital gains tax, variable income for life or term of years, income tax deduction, flexible payout rate, estate tax savings, diversity investments
|Charitable Lead Trust||
Significant gift and/or estate tax savings; transfer assets to heirs at reduced estate costs; provide future inheritance to grandchildren
|Gift of Life Insurance||
Low cost gift, income tax deduction
|Retained Life Estate||
Income tax deduction, retain the use of gifted asset for life, estate tax savings
|Bequest of IRA or Retirement Plan at Death||
Escapes income and estate tax on plan proceeds which can consume 60-75% of plan assets
For more information contact:
Gift and Estate Planning Services
P.O. Box 151191
Jackson, MS 39210-1191
(voice) 601-974-1035 (fax) 601-974-1088
For more information on how a particular technique works, click on any of the links for a more in-depth explanation.
DISCLAIMER: The information contained on this page is for educational purposes only. The reader understands that Millsaps College is not rendering legal advice and that the reader should seek independent legal counsel when contemplating estate planning decisions.