GIFT AND ESTATE PLANNING

 
 

Gifts that Provide for Glenwood
Children After Your Lifetime

Type of Gift

Benefits to You

Benefit to Glenwood Children

Bequest in Will
(sample language)

• Simple process to include Glenwood School in your Will
• Possible estate tax deduction

Provides for the direct Child Care needs of Glenwood boys and girls.

Life Insurance

• Existing or new policies may be used, and premium payment may be deducted as gifts
• Income tax deduction for value of policy at time of transfer
• Estate and income tax deduction possible

Proceeds of the life insurance policy can be used to help disadvantaged children.

Retirement Plan(IRA, Keogh, etc.)

• Estate and income tax saving advantages possible

Funds help improve the lives of at-risk children.

 
Gifts That Benefit You, Your Loved Ones
and the Children at Glenwood School

Type of Gift

Benefits to You

Benefit to Glenwood Children

Charitable Gift Annuity (visit our gift annuity calculator)

• Fixed payments for life
• Payments may be partially tax free
• Payments can be deferred
• Possible income and estate tax deductions

Remaining assets help the at-risk children served by Glenwood School.

Charitable Remainder Trust

• Fixed or variable income
• Income can be deferred
• Estate and income tax deduction possible

Upon death of the last surviving beneficiary, remaining assets benefit disadvantaged boys and girls.

Charitable Lead Trust

• Principal ultimately benefits your heirs or is returned to you at the end of the trust period
• Income and estate tax deductions possible

Fixed or variable income is provided to Glenwood for the duration of the trust, helping provide for our children’s greatest needs.

Pooled Income Fund

• Variable income for life• Avoids Capital Gains Tax liability
• Estate and tax deductions possible

Remaining interest share provides vital programs for the children at Glenwood.

 
Outright Gifts That You Can Give Today

Type of Gift

Benefits to You

Benefit to Glenwood Children

Appreciated Securities–Stocks, Bonds Or Mutual Funds (instructions for gifts of securities)

• Possible income tax deduction when transferred
• Avoid capital gains tax on securities appreciation

Make a difference in the life of a Glenwood boy or girl.

Gifts of Personal Property and Real Property

• Possible tax savings

Proceeds from the sale of the Items will be used to care and educate Glenwood’s children.


 
   

Charles Lasky

Webmaster
© 2008
Glenwood School for Boys and Girls

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Rathje Campus: 41 W 400 Silver Glen Rd., St. Charles, IL 60175 Phone: 847-464-8200 Fax: 847-464-8201
South Campus: 500 W. 187th St., Glenwood, IL 60425 Phone: 708-754-0175 Fax: 708-754-7834