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How Charitable Planning Can Benefit You Today


CHARITABLE BEQUESTS

A charitable bequest—a gift in your will—is either a percentage of your estate or a stated dollar amount designated to PACEF. Many people discover that a bequest is a satisfying way for their legacy to impact future generations to come.

PACEF will accept a charitable bequest in a will or testamentary trust. In addition to the traditional bequest designations, you may prefer to gift a percentage of the “residue” or what remains after paying all inheritances, debts and costs. Finally, there are special arrangements that allow you to make a gift that can provide income to your family and later be used by PACEF to continue to make a difference in the lives of our community.

BENEFICIARY DESIGNATIONS

Beneficiary designations are an opportunity for individuals to name PACEF as the beneficiary of funds from an irrevocable trust, life insurance policy, 401K or other retirement plan.

CHARITABLE REMAINDER TRUSTS

A Charitable Remainder Trust is a legal instrument into which you transfer irrevocably the ownership of assets such as securities or real estate. In return, you receive an immediate charitable income tax deduction and the right to receive an income. The income payments may be made to you (and/or one or more loved ones) for life, or a limited number of years.

When the trust ends, the property remaining in the trust (the charitable remainder) passes to PACEF to be used to benefit the organization.  PACEF will accept designation as a remainder beneficiary of a Charitable Remainder Trust. 

CHARITABLE LEAD TRUSTS

A Charitable Lead Trust is a legal instrument into which you transfer irrevocably the ownership of cash or other assets such as securities. PACEF will receive income payments and you will receive a charitable income tax deduction for the amount of this gift. After a fixed term of years, the trust assets are paid to the donor or donor’s beneficiaries.