 | With careful planning, you and your financial advisor may find that the use of planned or deferred giving devices will enable you to make a significant gift to Riverdale Country School while receiving important tax benefits immediately or for your heirs. Such mechanisms include gift annuities, charitable remainder or lead trusts, retirement funds, and life insurance.
Gifts of insurance are particularly easy to effect without changing your will. For example, you may change the beneficiary of an existing policy to Riverdale Country School. If ownership of the policy is contributed to Riverdale, you will receive an immediate tax deduction for the cash surrender value of the policy. If you give the policy but continue to pay the premiums (by giving Riverdale the premium amount), you will get an immediate tax deduction for the cash surrender value as well as the yearly premium amount. You may also purchase a new policy to benefit the School and receive substantial tax benefits now for a substantial gift to Riverdale in the future.
For more information, please contact Georgia Tucker in the Development Office at (718) 519-2732 or e-mail: gtucker@riverdale.edu. |
| | Georgia Tucker
Development Associate/
Planned Giving & Communications
Phone: (718) 519-2732
E-mail: gtucker@riverdale.edu
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