HOW TO MAXIMIZE YOUR IMPACT
These are some of the most common ways Varsity Club members establish legacy gifts. There are many other methods you can use, and we'd love to explore the best option for you and your family.
GIFT IN A WILL OR LIVING TRUST
A gift in a will or a living trust is the easiest way to make a gift to IU. Such a gift requires no current surrendering of assets and is fully amendable and even revocable during a donor's lifetime.
GIFT OF RETIREMENT PLAN ASSETS
More and more donors are utilizing retirement plan assets to fund their charitable bequests to Indiana University. By utilizing this technique, which is amendable and revocable during one's lifetime, a donor can avoid taxes that otherwise would be payable if those retirement accounts were directed to non-charitable beneficiaries.
CHARITABLE GIFT ANNUITY
A Charitable Gift Annuity is an agreement in which a donor makes a gift of cash or securities in return for a fixed income stream for life. A CGA may generate a substantial charitable income tax deduction and offers the potential to avoid current capital gain taxes. The annuity rate is based on the age of annuitant(s) at the time of the gift.
CHARITABLE REMAINDER UNITRUST
A Charitable Remainder Unitrust provides income for life (variable based on market performance), may generate a substantial charitable income tax deduction, and offers the potential to avoid current capital gains taxes when funded with long-term appreciated property, such as appreciated stock or real estate.
