A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals, maintain control of your assets, and benefit Puget Sound.
While you may transfer many of your assets through your will or living trust, a document called a beneficiary designation controls distribution of your retirement plans, life insurance policies, commercial annuities and a variety of financial accounts.
A charitable gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities.
A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to University of Puget Sound. The charitable remainder unitrust is highly flexible. You can easily make gifts of assets that are not easily converted to cash using the unitrust. If your unitrust grows, your payments will grow too, providing a potential hedge against inflation.
The IRA charitable rollover is now permanent and is a terrific way to make a tax-free gift to University of Puget Sound using your qualified retirement plan. If you are age 72 or older this gift may also satisfy your required minimum distribution (RMD).