Planned Giving

If you need income producing options for you or your loved ones, consider: Charitable Gift Annuity. This allows you to make an irrevocable charitable gift to CUMC and, based on your age, receive a guaranteed income until your death. A Charitable Gift Annuity may be established for one or two lives and may provide significant tax benefits. Charitable Remainder Trust. You irrevocably transfer cash, securities, or other assets to a trustee of your choice. You determine the amount you receive at the time you create the trust. Depending on your needs, you may either choose an annuity trust that pays you a fixed income, or a unitrust, which ties its annual payments to the trust's annual value. If you want to save for your loved ones, consider: Charitable Lead Trust. You may place cash or property into a trust which pays a fixed amount to CUMC for the number of years you choose. When the period ends, the trust assets are transferred to the beneficiary(ies) you name. Wealth Replacement Trust. For example, using the tax savings from a charitable deduction or by using the income from a life-income gift, you may purchase a life insurance policy that names your loved ones as beneficiaries. If you want yourself or others to direct the distribution of funds, consider: Donor Advised Fund. You may establish a donor advised fund either before or after your death. Distributions will be made annually to CUMC (and perhaps other charitable organizations) based on your advisement or the advisement of other person(s) you name.