Planned Giving Options and Fee Structure

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Planned Giving Options and Fee Structure

Options and Fee Structure

Minimum Fair Market Value: $100,000
Advantages
  • Income can increase
  • Flexibility in designating beneficiaries
  • No capital gains tax on sale of transferred assets
  • May be more than one charitable beneficiary
  • Allows additional contributions
Limitations
  • Income can decrease
  • Requires trust document
  • Charity must wait for the assets
Administrative Fee: ¼ of 1% charged quarterly or $2,500 minimum annually
Minimum Fair Market Value: $100,000
Advantages
  • Predictable Income
  • Flexibility in designating beneficiaries
  • No capital gains tax on sale of transferred assets
  • May be more than one charitable beneficiary
Limitations
  • No additional contributions
  • Requires trust document
  • Charity must wait for the assets
Administrative Fee: ¼ of 1% charged quarterly or $2,500 minimum annually
Minimum Fair Market Value: $10,000
Advantages
  • Predictable income
  • Convenience
  • No capital gains tax on sale of securities gifted to charity
  • Accommodates small gifts
Limitations
  • One or two lives
  • Donor may incur a capital gains tax on securities sold to purchase annuity
Gift Annuities are charged administrative fee of 1% per year (1/12th of 1% per year)
Minimum Fair Market Value: $500,000
Advantages
  • Reduces gift tax on transfer to heirs
  • Expands charitable deduction limits
  • Useful terms ranging from 10 to 20 years
Limitations
  • Limited charitable deduction
  • Requires trust document
  • Temporarily redirects income from assets during trust term
Administrative Fee: ¼ of 1% charged quarterly or $5,000 minimum annually