Legacy gifts deliver hope, relieve financial burden, inspire academic performance and provide opportunity for innovation. These gifts have a lasting impact for students who are working towards fulfillment of career-focused dreams.
Benefits of Giving
In addition to supporting the mission of CF, a legacy gift can provide to you substantial tax advantages, especially on gifts of stocks and real estate. The total income, estate, and capital gains tax savings and the probate expense savings can come close to the amount transferred. The benefits include:
- Income Tax Deductions
- Reduced Capital Gains Taxes
- Reduced Estate Tax
- Income for Life
Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs of CF. A legacy gift makes it possible for you, your loved ones, and CF to all benefit.