Who can make a planned gift to Saint Paul’s School?
The simple answer is: anyone.
In many cases, planned gifts represent a valuable and tax-wise opportunity for a supporter to make the largest gift of their lifetime to an educational institution. Planned gifts are transformative and a wonderful way to leave a legacy to mark a family’s own legacy at Saint Paul’s School.
WAYS TO GIVE:
- Bequests: Making a bequest to Saint Paul’s School can be easily accomplished by including a few sentences as a provision in your will or Revocable Living Trust. Bequests are flexible and can be adjusted. Perhaps for this reason, 75% of planned gifts come in this form, so don’t be discouraged by its simplicity! You may elect to benefit Saint Paul’s School as the recipient of a set amount of cash, stocks and securities, or a percentage of your overall estate. Your legal and financial advisors will know how best to structure a will to meet your financial needs, but our staff can provide sample testamentary language to share with your attorney.
- Life Insurance: naming Saint Paul’s School as the owner on a fully or partially paid whole life insurance policy gives the school immediate ownership of the policy’s cash value.
- Retirement Plans: A simple beneficiary change form can name Saint Paul’s School as the beneficiary of a retirement plan account.
- Other gift types: In addition to those simple ways to give, a donor may want to explore other deferred giving options with legal and financial advisors such as charitable trusts.
In addition to possible tax advantages and retirement income, a properly-chosen planned gift vehicle will allow you to impart a much larger gift than you imagined possible to the school that has factored so greatly into your life. We hope you will create a legacy by including Saint Paul’s School in your estate planning.
THANK YOU FOR SUPPORTING SAINT PAUL’S SCHOOL.