While the name sounds complicated, many planned gifts are simple to make. On the other hand, some gifts can be complex – and it does not always correlate between the amount of the gift and the complexity.
The following pages can provide you with a variety of options and choices to consider. Planning now can avoid potential problems in the future for yourself or your heirs. Most importantly, planning ahead will make a difference in the lives of future generations of TCNJ students.
Please call The College of New Jersey Gift Planning Office at 609-771-3285, or e-mail firstname.lastname@example.org for more information.
Charitable Annuity Rates
Charitable Gift Annuity Rates Remain Very Attractive.
Rates for charitable gift annuities (CGAs) continue to be attractive (higher than you can receive from a typical money market or savings account). You can utilize the gift calculator to find the current annuity rates. Or, to learn about rates specific to you - please contact us directly.
Learn more about Charitable Gift Annuities
Why You Should Think about Estate Planning or Planned Giving
Contrary to popular belief, Estate Planning and Planned Giving are not just for the wealthy. Indeed, for most of us, it is particularly important that we devote our attention to estate planning to insure that our assets (however limited or substantial) are used wisely.
Do you have a Will in place? Good, then you have begun one important part of your personal planning. Does it provide for all those you care about? Have you reviewed it recently?
And what about your many assets, would you prefer they be used for your benefit, and that of your heirs and favored charities, rather than consumed by taxes (income, property, and estate)?
When you prepare a proper estate plan, you insure that your assets accomplish your personal, financial goals, protecting your assets, and in many instances, sharing them.
As you can see from these pages, there are several planned gifts that enable the donor to receive significant tax deductions in his or her lifetime, and achieve a regular tax free annuity at very good rates.
Among those things you should consider:
- A gift of cash is often the least tax efficient way to make a gift. Using other assets for the same value gift can cost you much less, out of pocket.
- An estate gift in your lifetime may well be the best way to make a donation and benefit your heirs. And can create additional income for you!
If you fail to plan properly for the future, a good portion of your assets could be consumed by various types of taxes, rather than passed along to those people and causes you care about.
We urge you to review the pages appropriate to your situation and explore those options that fit your objectives: financial, personal, and philanthropic. By thoughtful will and trust arrangements you can benefit those who mean the most to you—including the charitable causes you support.
This site should not replace professional advice—but it certainly can suggest some strategies that you should discuss with that advisor. To the extent that TCNJ can assist you in finding answers to your estate planning questions, please feel encouraged to call upon our resources. And if we can help you develop a plan that meets your objectives and provides for the College, then for that we are exceedingly grateful.
We want you to take full advantage of the opportunities that are available to you, through estate planning and planned giving.