Ensure a Bright Future
A planned gift is a type of charitable donation that requires planning on the part of the donor. It refers to those donations having legal, tax and investment implications requiring professional advice, usually from a lawyer, accountant and/or financial planning professional. Some planned gifts are paid during the donor’s lifetime while others are not paid until after the death of the donor.
One of the most common planned gifts is a bequest paid from the estate of a deceased donor. Other planned gifts include donations of assets such as stocks, bonds, mutual funds and other securities, as well as life insurance. Your lawyer, accountant or financial planning professional can help you understand the specific implications of donating any of these kinds of assets.