There are many other ways to make a donation that may work for you.
Bequest
Goals and Benefits:
- Defer a gift until after your lifetime.
- Donation exempt from estate tax
- Control of your assets for life
How it Works: Name Tourette Association in a will or living trust and designate a specific amount, percentage, or share of the residual
Securities
Goals and Benefits:
- Avoid taxes on capital gains.
- Immediate charitable tax deduction
- Avoid capital gains tax
How it Works: Contribute long-term appreciated stock or other securities to Tourette Association.
Retirement Assets
Goals and Benefits:
- Deductions on IRAs or other employee benefit plans your lifetime.
- Leaves less highly taxed assets for your beneficiaries
How it Works: Name Tourette Association as the beneficiary of the remainder of the assets after your lifetime
Life Insurance
Goals and Benefits:
- Make a large gift at little cost.
- Income tax deduction
Possible future deductions through gifts to pay policy premium
How it Works:Change over ownership of a life insurance policy you no longer need to Tourette Association
Real Estate
- Goals and Benefits:
- Donate a property and get income tax deductions.
- Income tax deduction
- Reduction or elimination of capital gains tax
How it Works: Donate your property to Tourette Association.
If you are interested in donating assets, please contact Tracey Alexander, VP of Resource Development & Chapter Services at 888-4-TOURET or at Tracey.Alexander@tourette.org