Gifts of Retirement Assets
Ways to Leave a Legacy to A.R.E.
Consider making A.R.E. the beneficiary or contingent beneficiary of a life insurance policy. This can be a good way to make a sizeable future gift with little or no cost to you. If you have a policy you no longer need, you might consider gifting it to A.R.E. during your lifetime and receiving tax benefits now.
Retirement funds, such as a 401(k) or IRA, can be a great asset to leave to the A.R.E. Without careful planning, over 70% of retirement assets could end up going to pay estate and income taxes. You might consider leaving 100% of your retirement assets (the balance in your retirement account upon your death or upon the death of your spouse) to A.R.E. and leaving other assets to your family that carry less tax liability. It’s easy – just complete a Beneficiary Designation or similar form and list A.R.E. as beneficiary.
A gift of real estate, whether it is a residence, vacation home, or farm, can allow you to make a significant contribution. Each piece of property is unique and will need to be reviewed to determine its suitability as a gift. In general, an acceptable piece of property is one that can be readily sold. Real estate can be given as a current or future gift.
For more information or to discuss your charitable goals, please contact us.
A.R.E. Office of Development
215 67th Street
Virginia Beach, VA 23451-2061
Toll Free (USA and Canada only): 1-800-333-4499 E-mail: firstname.lastname@example.org
Please note, the information on this site is not intended to be legal or financial advice. If you decide to support the Association for Research and Enlightenment, Inc., the Edgar Cayce Foundation, or Atlantic University through a planned gift, please consult your attorney or tax advisor. They are in the best position to assess your personal situation and provide guidance. A.R.E., the Edgar Cayce Foundation, and Atlantic University are all 501 (c) (3) tax exempt public charities.