Make a long-term gift that benefits Sparc and you. There is a gift that matches every goal. Deferred gifts contribute to Sparc’s ability to provide outstanding services for individuals with developmental disabilities -- both today and for future generations to come. Revocable deferred gifts such as bequests, living trusts, and life insurance can provide you with the maximum security and flexibility in estate planning, while irrevocable deferred gifts such as charitable gift annuities and charitable remainder trusts offer you income payments for life and/or specific tax advantages. Planned gifts give you options for making a gift in ways that may allow you to:
- Make a larger charitable gift than you thought possible
- Increase your current income
- Plan for financial needs of a spouse or loved one
- Provide inheritances for your heirs at a reduced tax cost
- Reduce your income tax and/or avoid capital gains tax
- Receive income from your personal residence or farm
- Plan for the transfer of your business
- Leave a charitable legacy for future generations
The mission for Sparc’s planned giving program is to create outcomes that clearly benefit the donor and Sparc -- assist donors in achieving philanthropic goals and to avoid potential significant taxes and help ensure Sparc’s long-term financial stability. This requires getting to know every active and potential Sparc donor -- philanthropic desires, backgrounds, relevant circumstances, and general financial goals. When considering a planned gift for Sparc, meeting with a financial advisor, tax expert or estate-planning attorney will be encouraged. If you’d like to learn more about planned gifts or want to consider making a planned gift, please call Carlissa Puckett at 217-793-2206 ext.154 or email her at cpuckett@spfldsparc.org. |
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