 Make
a Gift to Kendal at Lexington
Gifts of Cash or
Investments
Outright gifts include:
cash, securities, property, and paid-up insurance policies.
Such contributions give the donor the gratification of helping
Kendal at Lexington immediately, in an unrestricted way or with
whatever focus the donor prefers. Among all the ways of giving,
outright gifts offer maximum tax benefits for the donor.
Deferred or "Planned"
Gifts
Planned giving means
committing now to a future charitable objective that accommodates
a donor's preferences, usually over a remaining lifetime. A deferred
or planned gift can be in the form of cash, securities, or property,
and offers the special feature of assuring the donor continued
personal income or other use of the asset, as well as favorable
tax treatment both currently and in the future. Planned gifts
have the advantages described above, as well as specifically designed
income and tax advantages. They include:
- Bequests: A popular and time-tested way to carry out charitable
intentions after protecting assets during one's life. A bequest
can be a specific amount of a particular asset, or it can be
a residual bequest (remaining after other distributions) or
contingent on some other event (such as someone else's continued
life).
- Charitable Gift Annuity (CGA): A contract with Kendal at
Lexington to pay the donor or other beneficiary a guaranteed
income for life often at higher than current market rates. The
CGA returns some of its principal to the donor tax-free, plus
taxable income, but preserves the greater proportion of the
gift for an eventual charitable use.
- Charitable Remainder Trust: the individual trust established
by a gift to Kendal at Lexington (minimum $100,000) makes fixed,
or variable, annual payments to the donor or another beneficiary
for a specified number of years for life.
- Life Insurance: A paid up policy can be donated for its cash
value or Kendal can be made the beneficiary at death.
- Real Estate can be used to make a gift. Please
inquire for details.
Consider
a Contribution or Gift to Kendal at Lexington:
For more information or to discuss a contribution to Kendal
at Lexington, please contact: Barbara V. Luton, Director of Philanthropy, Kendal at Lexington, 160 Kendal Drive, Lexington, VA
24450. 1-540-463-1910. E-mail Barbara.
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