Have you ever wished you could support your favorite non-profit and improve your financial security at the same time?
Well you can. We call it Creative Giving.
In fact, just one “creative gift” can return an immediate tax deduction to you, plus lifetime income for you and a loved one, plus long-term financial support to the organizations that you care most about.
That's right… you benefit, your loved ones benefit, and your chosen causes benefits. If that isn't creativity, we'd like to know what is.
How is this possible? By taking advantage of incentives the IRS provides, we can craft a gift that delivers exactly the benefits to us, and to you, that you've been looking for.
Financial advisors call these creative techniques “planned gifts,” because with thoughtful planning, you can turn personal giving challenges into win-win solutions for you and for us.
So whether you want to make a gift that costs you nothing during your lifetime, or a gift that gives you guaranteed income for life, a Donor Advisor can show you how to make it happen.
Where to Begin?
First, keep reminding yourself that you don’t have to be wealthy to make a significant gift to the Cherokee Arts Center.
Gifts That Pay Income
Did you know there are gifts that return payments to you or to a charity? Yes, the IRS allows and encourages these creative plans that can stretch your giving ability. Here’s how they work:
Some of the best ways to support the Cherokee Arts Center are available through life-income gifts. These "Gifts That Pay Income" help you make a substantial gift while increasing your incomes!
The plans described here all have one substantial advantage over investment vehicles you read about elsewhere: these plans produce generous gifts to the Cherokee Arts Center. Won't it be great to provide for yourself and the people we serve?
An additional source of lifetime income for you, your spouse or other significant persons.
A potential increase in the income you are currently receiving from your investments.
An immediate tax deduction for a portion of your gift.
No capital gains tax due at the transfer of appreciated assets to your gift plan.
What life-income gift best fits your needs?
Charitable Gift Annuity
You want secure, stable income and a high rate of return. Your gift can be in cash or stock.
Charitable Remainder Unitrust
You want maximum flexibility over the investment and benefits of your gift plan.
Charitable Remainder Annuity Trust
You want the flexibility to invest and manage your gift plan, and also the security of stable income.
Charitable Lead Trust
You don’t need the current income generated by a particular asset or investment, would like to direct that income to charity, get ongoing tax deductions for your gift, and pass the asset to your heirs later.
If you would like to talk with a Donor Advisor to see if any of these are a good fit for you, call us at 770-704-6244 to arrange a consultation.