| Your Goal |
Gift Option |
Assets to Use |
Benefits to You |
| Fund ministry now |
Outright Gift |
Cash or appreciated stocks, life insurance |
Income tax deduction, possibly avoid capital gains |
| Designate assets for ministry but retain possession |
Will or Living Trust |
Any estate assets |
Satisfaction of knowing assets will support ministry—with flexibility to change amounts and ministries |
| Pick wise assets to leave to ministry in your will |
Will or Living Trust |
Retirement accounts U.S. savings bonds |
Tax wise way to support ministry since family beneficiaries are required to pay income taxes on these assets |
| First receive fixed income and then support ministry |
CGA or CRAT |
Cash or stocks |
Partial charitable deduction, know the amount and timing of income |
| Diversify appreciated assets but avoid taxes |
CGA or CRUT
|
Real estate and appreciated stocks |
Partial charitable deduction, can turn appreciated stocks into income without capital gains taxes |
| Turn assets into retirement income |
CGA or CRUT |
Real estate or stocks |
Partial charitable deduction, can control flow of income without capital gains taxes |
| First receive income designed to grow and then support ministry |
CRUT |
Real estate, stocks, cash |
Partial income tax deduction, income designed to grow |
| Use house, condo, or farm to make gift while still having it as residence |
Retained Life Estate |
Residence or farm |
Current charitable deduction while remaining in home or farm; know that asset will support ministry |
| Give assets now but allow them to be reclaimed if necessary |
Revocable
Charitable Trust |
Stocks and bonds |
Retain ownership, but assets can be professionally managed according to your goals |
