REVOCABLE LIVING TRUST

This trust is especially appropriate for a person who wishes to retain full control of property during life and still receive a charitable estate tax deduction for the value of property at their death. In addition, because living trusts avoid probate, they can offer substantial savings in estate administration costs. The process of distributing assets…

DEFERRED GIFT ANNUITY

As the name implies, a deferred gift annuity is useful for those who need to benefit from a current income tax deduction, while deferring income until some point in the future (usually at retirement). The amount you receive each year (rate of return) depends upon your age now and your age when the payments are…

CHARITABLE GIFT ANNUITIES

A gift annuity is a contract between the donor and DCCF that provides advantages for both. The donor makes a gift of at least $5,000 to the Foundation and receives the following benefits: Guaranteed fixed payments for life, a portion of which is nontaxable Charitable income tax deduction for a portion of the gift Reduced…

CHARITABLE REMAINDER TRUST

This trust agreement allows you to receive income (or provide income for another person) with the knowledge that the funds remaining when the trust terminates will be used to support your charitable interests. The donor transfers assets such as marketable securities, real estate or cash to the trust, to be managed by the trustee (yourself…

LIFE INSURANCE

For those whose need for life insurance has decreased, making a gift of an unneeded policy can be a convenient and effective way of meeting your charitable goals. When you transfer ownership of a cash value policy to the Foundation, you become eligible for a charitable tax deduction based on its current value. You can…

RETIREMENT PLAN ASSETS

For a gift through your estate, retirement plan assets are often the best to give because they are so heavily taxed if left to heirs. Income and estate taxes can easily consume over 65% of the account balance at death. By naming the Foundation as the remainder beneficiary of these assets, you can leave a…