There are other types of charitable giving vehicles – in addition to bequests, estate plan gifts and life income gifts – that can help you manage your tax, estate and financial planning while benefiting Accion at the same time. These include:
A charitable lead trust offers you the opportunity to support Accion during your lifetime while ensuring for a future transfer of assets to your heirs as you save on gift and estate taxes. To establish a lead trust, you transfer assets to a trust. Accion receives a gift from this trust annually over a specific term of years (typically 10 – 25). When the term of the trust ends, the principal plus any appreciation is transferred to the beneficiaries (typically children or grandchildren). While Accion does not serve as trustee of a charitable lead trust, we would be happy to answer questions regarding this type of gift.
Accion would be pleased to consult with you regarding a gift of real estate. Property may be given to support the mission of Accion. This type of gift can be structured in various ways, including a gift of full or partial interest in your property; a bequest of your property; and gifts that allow you the opportunity to remain in your residence for the rest of your life yet receive an income-tax deduction today. Many types of real estate can be given, including a personal residence, vacation home, farm or ranch, commercial property, building lot, agricultural land and undeveloped land. Real estate gifts are considered on a case-by-case basis, so please call our office for more details.
There may be other types of assets that you could put to use toward your philanthropic goals and we are happy to discuss these with you on a case-by-case basis. Examples include tangible personal property, partnership interests, closely held stock, intellectual properties and royalties.
For more information on planned giving, please call us at +1 617.625.7080 and ask for a member of the Resource Development team, or email us at firstname.lastname@example.org.
The examples and information on this page are for illustrative and educational purposes only and should not be considered tax or legal advice. Please consult with your tax or legal advisor before proceeding with your estate or gift planning.