Frequently Asked Questions
Gifts from Your Will/Trust
What happens if I die without a valid will?
When do I need to change my will?
Do I need an attorney to write a will?
What is the role of an executor or personal representative?
What are my non-probate assets?
Giving from Your Retirement Plan
How do I arrange a gift from my retirement plan?
What are the tax implications of a gift of retirement plan assets?
Gifts of Stock and Appreciated Assets
How do I arrange for a gift of my stock?
What are the tax advantages of a gift of stock?
Will you sell the shares I give you?
Can I give closely held stock that I own?
Gifts of Life Insurance
How do I arrange a gift from my life insurance?
What are the tax implications of a gift of life insurance?
Gifts of Real Estate
How do I know if the property I’d like to donate is going to be helpful to Planned Giving Bible?
What are the tax benefits of donating real estate?
Can I arrange for a life income stream for my gift of real estate?
Gifts of Personal Property
What are the tax benefits of donating personal property?
Can I arrange for a life income stream for my gift of personal property?
Charitable Gift Annuity
How can I calculate my benefits?
How are the annuity payments guaranteed?
Is it better to give cash or appreciated securities for my gift annuity?
Can I include my children as income beneficiaries of my gift annuity?
What’s the difference between a commercial annuity and a charitable gift annuity?
Can I defer my annuity payments?
Deferred Gift Annuity
How can this gift enhance my retirement savings?
May I choose the start date for my annuity payments?
Is it better to use gifts of cash or stock for my deferred gift annuity?
Flexible Gift Annuity
What is a flexible gift annuity and how is it different from a deferred gift annuity?
Do I need to choose the start date for my annuity payments now?
How is my income tax deduction calculated and when do I claim it?
Why would I ever use a deferred gift annuity instead of a flexible gift annuity?
What are the most common uses of a flexible gift annuity?
Are flexible gift annuities hard to set up and maintain?
Pooled Income Fund
How is a Pooled Income Fund invested?
Can I make future gifts to my pooled income account?
It is better to give cash or appreciated securities?
Charitable Remainder Annuity Trust
Who can serve as trustee of my annuity trust?
How would the assets in my annuity trust be invested?
Is it better to give cash or appreciated securities for my unitrust?
How will income from my annuity trust be taxed?
Can I name my children as income beneficiaries?
What are the tax deduction implications of my charitable remainder trust?
Charitable Remainder Unitrusts
Who can serve as trustee of my unitrust?
How would the assets in my unitrust be invested?
Is it better to give cash or appreciated securities for my annuity trust?
How will income from my unitrust be taxed?
Can I give real estate or other property to a unitrust?
Can I include my children as income beneficiaries?
What are the tax deduction implications of my Charitable Remainder Unitrust?
Charitable Bargain Sale
What if the property has a mortgage or other lien on it?
Can I arrange for a gift annuity with the sale proceeds of the deal?
Why not sell my property and make a gift from the proceeds of the sale instead?
Can I choose the appraiser who determines market value of my property in the bargain sale?
Retained Life Estate
Can we move out and then back in?
Can we use our second home to create a Retained Life Estate?
Charitable Lead Trusts
Will I be able to claim an income tax deduction when I set up my Charitable Lead Trust?
Can I name my grandchildren as beneficiaries of my Charitable Lead Trust?
How long will my Charitable Lead Trust last?
Can I establish a CLT for less than $1,000,000?
How does a Charitable Lead Trust help Planned Giving Bible?