Your Gift | Your Goal | How to Make the Gift | Your Benefits |
Outright gift | Make a quick and easy gift | Donate cash, securities or personal property | Income tax deduction; avoidance of any capital gains tax |
Bequest/Living trust | Make a revocable gift during your lifetime | Name Doane the beneficiary of assets in a living trust | Control of trust for lifetime; possible estate tax savings |
Life insurance gift | Make a large gift with little cost to yourself | Give a policy with Doane as owner and beneficiary | Current income tax deduction; possible future deductions
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Retirement plan gift | Avoid the twofold taxation on retirement plan assets | Name Doane as beneficiary of the remainder of the assets after your lifetime | Avoidance of heavily taxed gift to heirs, allowing less costly gifts |
Real estate gift | Avoid capital gains tax on the sale of a home or other real estate | Donate the property to Doane, or sell it to us at a bargain price | Immediate income tax deduction and avoidance of capital gains tax
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Retained life estate | Give your personal residence or farm, but continue to live there | Designate the ownership of your home to Doane, but retain occupancy | Charitable income tax deduction and lifetime use of home |
Charitable remainder annuity trust | Secure a fixed and often increased income | Create a charitable trust that pays you a set income annually | Immediate income tax deduction and fixed income for life |
Charitable remainder unitrust | Create a hedge against inflation over the long term | Create a trust that pays a percentage of the trust's assets, valued annually | Immediate income tax deduction, annual income for life that has potential to increase |
Charitable gift annuity | Supplement income with fixed annual payments | Enter a contract with Doane, in which we'll pay you fixed payments annually | Current and future savings on income taxes; fixed payments for life |
Charitable lead trust | Reduce gift and estate taxes on assets passing to heirs | Create a trust that pays a fixed or variable income to Doane for a set term, and then passes to heirs | Reduced size of taxable estate; keeps property in family, often with reduced gift taxes |