Charitable Remainder Trust
You may consider a charitable remainder trust with Quantum House as the beneficiary. A charitable remainder trust is created when you irrevocably transfer cash, securities and other property to a trustee, who may be yourself, the House, a bank or another individual. This trust provides you with income during your lifetime. Upon termination of the trust, the principle would pass to Quantum House.
Charitable Lead Trust
A charitable lead trust allows you to make annual gifts to support an area of interest at the House for a term of years, typically between 10 and 20. This intergenerational wealth-transfer tool enables you to provide for your heirs, while reducing gift and estate taxes. When the term ends, the remainder of the trust reverts to you or members of your family, as you chose.
Gifts of Life Insurance
If you have more life insurance than you need, you may consider giving the House a paid-up policy. By transferring ownership of your policy to the House, you will receive a charitable income tax-deduction equal to the policy's cash value or cost basis, whichever is less.
Other Planned Giving Options
You may also consider naming Quantum House as a beneficiary of the remainder of a pension fund or an IRA; donating real estate, artwork or other property to the House.
We'd love to talk to you about your planned giving options!