Gift Planning

Giving options provide exceptional planning strategies and flexibility and may minimize tax implications. The American tax structure—with its intricate provisions—places a high premium on skillful planning. A large number of taxpayers earn a substantial income and accumulate substantial estates. To conserve their incomes and their estates, they turn to financial-planning techniques.

• Reduce your income taxes
• Avoid capital-gain tax
• Increase your spendable income
• Retain payments for life
• Achieve no-cost, worry-free asset management

By making a planned gift, you are eligible to join The Mayo Legacy, an organization of benefactors from throughout the United States and around the world. Learn more about The Mayo Legacy.

Types of Giving Include:

Gifts of Cash or Assets

The simplest way to support is through cash gifts. But creative gifts of assets can include stocks, bonds, and property (real estate and personal property such as artwork). These can not only provide you with charitable deductions, but often offer additional tax savings as well. ...

Gifts by Will

Through various types of bequests for , you may secure a charitable estate-tax deduction for the value of the gift. Best of all, you will know that your generosity will support for years to come. ...

Gifts That Pay You Income

Do you want to support , but worry about having enough income for yourself and your loved ones? Life-income gifts, such as gift annuities and charitable remainder trusts can provide donors with an income stream, significant tax savings, and the satisfaction of supplying with vital, long-term resources. ...

The Charitable Lead Trust

Transferring property to and individuals you wish to benefit is not always an either/or proposition. With careful planning, you may be able to arrange your transfers to accomplish more than one objective. For example, if you have assets that are appreciating, children who may want to start a business in the future, and a desire to assist , you may wish to consider creating a charitable lead trust. ...

Gifts of Retirement-Plan Benefits

You may consider using retirement-plan benefits to make a significant gift that will support . Because of the estate- and income-tax treatment of retirement-plan benefits, the cost of your gift to your estate and heirs is often relatively small. ...

In Memory or In Honor

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