Planned giving allows you to help the Rescue Mission of Salt Lake now and in the future. Multiple options are available for many different situations. For specific information, we suggest you talk to your financial and tax advisors.
Planned giving can help you achieve some or all of the benefits below:
- Reduce your income taxes
- Avoid capital-gain tax
- Increase your spendable income
- Retain payments for life
- Achieve no-cost, worry-free asset management
Types of giving include:
Gifts of Assets
The simplest way to support the Rescue Mission of Salt Lake is through cash gifts. But creative gifts of assets can include stocks, bonds and property (real estate and personal property, such as artwork). These not only may provide you with charitable deductions, but often offer additional tax savings.
Gifts by Will
Through various types of bequests for the Rescue Mission of Salt Lake, 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 recovery efforts at the Rescue Mission for years to come.
Gifts That Pay You Income
Do you want to support the Rescue Mission of Salt Lake, but worry about having enough income for yourself and your loved ones? Life-income gifts, such as gift annuities, charitable remainder trusts and pooled income funds, can provide donors with an income stream, significant tax savings and the satisfaction of supplying the Rescue Mission with important long-term resources.
Gifts of Retirement-Plan Benefits
You may consider using retirement-plan benefits to make a significant gift that will support the Rescue Mission of Salt Lake. 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.
For more information on planned giving, call Chris Croswhite at 801-355-1302.