PLANNED GIVING

Planned giving allows alumni and friends to support the future needs, programs and students of the school for long-range financial stability.  While leaving a legacy for you, the donor, it also provides certain benefits for you and your heirs, such as:

• Allows you, and not the states in which you reside, to determine where your money and property goes.
• May provide income, capital gains and estate tax savings.*
• Many provide competitive and consistent payments for the giver.
• If the gift is funded with highly appreciated stock that has been held for more than a year, capital gains taxes are eliminated.
• Leaves a legacy for the school, providing it with substantial income to aid it in continuing its mission.

There is a gift for every objective.  For more information on planned gifts, please see below, then click this link and submit form.  

The following are some of the types of planned gifts available. (Click links for more information.)

    Bequests

    Charitable Gift Annuities

    Charitable  Remainder Trusts

    Charitable Lead Trusts

What can kinds of donations can be used? (Click links for more information.)

    Cash

    Securities

    Retirement Plans

    Life Insurance Policies

What will these gifts be used for?

• The continued maintenance of the facilities, including capital improvements and new equipment.
• Financial aid for students who would not otherwise be able to attend St. Elizabeth School.
• The development of new programs and continuation of present ones.
• Reduction of the operating budget, thus allowing the school to focus more fully on its mission, and to keep tuition affordable.

Planned gifts are usually designated for the St. Elizabeth School Endowment.  For more information, click here. 

* A Note About Estate Taxes - According to recent tax laws, the estate tax will be phased out gradually until 2009, be totally eliminated in 2010, and then return its 2001 levels in 2011, under a "sunset provision."  Thus, currently the estate of a Will executed after 2010 might be subject to taxes, which could be reduced by charitable remainder trusts.

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