Gift Planning

Planned gifts allow you to make a substantial gift to support the long-term mission of a charity. This might include establishing a scholarship fund, endowing your annual gift in perpetuity, or endowing a chair or some other significant activity.

One popular form of planned gift, called a life income gift, can provide you with valuable benefits. These include:

  • Income for you and/or your loved ones
  • A federal income tax charitable contribution deduction
  • Elimination or reduction of capital gains tax on the funding asset
  • Professional management of assets
  • Estate and gift tax savings

You can choose between a fixed payment that will not change during the term of the arrangement and a variable payment that will change over time based on the market value of the assets.

Each of our clients has staff available to assist you and your advisors in reviewing the various gift options and determining which might best accomplish your objectives. KASPICK & COMPANY can also bring its expertise to these discussions, as appropriate, through conference calls or meetings. By discussing the likely effects of the gift choice on payments and on the portfolio's expected growth, we help ensure the gift meets your expectations. Once a trust or other life gift arrangement is established with one of our clients, KASPICK & COMPANY assists with the investment and administration of the gift.