| Will Bequest - A will bequest is
the most popular way of making a planned gift to the
Georgia Southern University Foundation. A bequest
through your will may be expressed in terms of either
a specific sum or a percentage of the residuary
estate.
Charitable Gift Annuity - A charitable gift
annuity is a wonderful way to make meaningful gifts
while enjoying income and tax benefits that enhance
your future financial well being. A charitable gift
annuity is an agreement between you and the GSU
Foundation, under which you give us a specific sum of
cash, appreciated securities or other property that
you have held for more than one year. In return, you
are guaranteed a fixed annual income for life. Part of
the transfer is treated as a gift to us, providing you
with tax benefits.
Gifts of Life Insurance - A life insurance
gift generates substantial current tax savings. You
receive an income tax charitable deduction when you
make a gift of a life insurance policy by naming us as
the beneficiary and transferring ownership to us.
Charitable Remainder Unitrust - A charitable
remainder unitrust may be established by irrevocably
transferring assets to a trust, which then pays income
to you and/or other named beneficiaries, either for
life or for a period of time not to exceed twenty
years. Upon the death of the last surviving
beneficiary, or at the expiration of the established
time period, the trust assets are used for a
charitable purpose designated when the trust was
created.
Charitable
Remainder Annuity Trust - A charitable remainder
annuity trust is similar to the unitrust except that
it pays you an amount determined when the trust is
established. This type of trust carries all the same
income and tax advantages as a charitable remainder
unitrust.
Charitable Lead Trust - A charitable lead trust
is the opposite of the charitable remainder trust in
that the charity receives a gift of income rather than
principal. The income is payable at least annually for
a term of years, or the life or lives of individuals
living at the date of transfer, after which time the
property reverts to you or passes to beneficiaries
designated by you.
Revocable Charitable Trust - If you believe in
the mission of the Georgia Southern University
Foundation, but do not wish to make an irrevocable
gift now, please consider a revocable charitable
trust. You will receive income for your life. You can
revoke the trust or change its terms, add to it or
withdraw some or all of the trust assets. The assets
in the trust at your death (if it has not been
revoked) will belong to the Georgia Southern
University Foundation.
Gifts of Personal Residence - Persons who own a
home may, under a retained life estate plan, give the
property to us and receive the benefit of a current
income tax charitable deduction, yet continue to use
the property for the duration of their lives. A
survivor can also enjoy life occupancy, if you like.
The amount of your tax savings depends on your age and
the value of your home.
For more information, contact:
- Michelle Pittman
- Director of Major Gifts and Planned Giving
- P.O. Box 8053
Statesboro, GA 30460-8053
- (912) 478-0880
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