Episcopal Diocese of Virginia
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Planned Giving

       Sustaining  St. Mary's Future

                                                                       Source:  Episcopal Diocese of Virginia

 

  • Charitable Bequest:  This is one of the easiest and most flexible ways that you can leave a gift to St. Mary's that will make a lasting impact.

  • IRA Charitable Rolover:  If you are 70 or older, this is a way to lower your income and taxes from your IRA withdrawals.

  • Beneficiary Designation Gifts:  This gift is a simple and affordable way to make a gift to support St. Mary's.  Designate the Church as a beneficiary of a retirement, investment, bank account or life insurance policy.  

  • Charitable Gift Annuity:  This annuity is a gift made to St. Mary's that can provide you with a secure source of fixed income for life.  

  • Charitable Remainder Unitrust and Charitable Remainder Annuity Trust:  If you are concerned about the high cost of capital gains' tax with the sale of an appreciated asset, these might be worth exploring.

  • Charitable Lead Trust:  If you are looking for a way to pass on some of your assets to your family while reducing or eliminating gift or estate taxes,  charitable lead trust is an excellent option.  

  • Sale and Unitrust:  Are your appreciated assets, such as stock, bonds or real estate, producing little or no income?  If you sell your appreciated assets, you will pay a large capital gains' tax.  A sale and charitable remainder unitrust may be the solution to avoid capital gains' tax.   

  • Bargain Sale:  Do you have property that you would like to sell?  Are you looking for a strategy to reduce your income taxes?  A bargain sale might be the right strategy for you. 

  • Life Estate Reserved:  You may desire to leave your home to St. Mary's at the time of your death but receive a current charitable income tax deduction while still living.  This might be the solution. 

  • Give It Twice - Help Family and Charity:  This is a way you can use the trust to pay income first to your family for a number of years and then distribute the balance of the trust to charity.