Including ASH in your estate planning allows you to leave a legacy for your family and loved ones by helping us work toward a world free from the death and disease caused by big tobacco.
There are several planned giving options that support the work of ASH and provide you with a lasting legacy, in addition to tax benefits for you or your family members.
Planned gifts may be funded with cash, stock, equity, or property.
Planned Giving Options
– Bequest: Leaving a gift to ASH in your will is the most common way ASH supporters build their legacy with ASH. It furthers the work of ASH while providing a tax benefit to your estate.
– Charitable Gift Annuity: This is a structured way to give to ASH while securing your own future at the same time. When you purchase a gift annuity, you secure immediate tax relief, in addition to a tax-free post-retirement income The way this works is that in return for a lump sum gift contribution, you are guaranteed a steady income for the rest of your life, either immediate or deferred.
– Charitable Remainder Annuity Trust: For this option, you place a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to ASH, to you, or to your specified beneficiary until your passing. At that point in time, the remainder of the trust is transferred to ASH. Neither you nor the charity owes taxes on this transfer or upon the appreciation of the asset, thus this option avoids all capital gains taxes. Usually, the trust sells your donated asset and reinvests the proceeds in an income-producing investment. You then receive this income in return for gifting the asset to the charity. This income can be received as either a fixed amount or a percentage of the value of the trust.
You may also make a gift “in memory” or “in honor” of a family member or friend who has been affected by tobacco or who is an inspiration to you.
We would gladly discuss any of these or other methods with you and your financial advisors. Please call Nichelle Gray at (202) 659 – 4310, Monday through Friday, 9am – 5pm EST or here.