The most common form of planned gift is a bequest. Simply list AANE as a beneficiary in your will for a fixed amount of money or a percentage of your estate.
Charitable Remainder Trust (CRT)
A CRT provides the donor or designated beneficiaries with a stream of income for the donor's lifetime or term of years. After the trust terminates, the accumulated principal, or "remainder," goes to AANE.
The trust itself is tax-exempt, so appreciated assets, such as stock, can be put in the trust and sold without incurring capital gains tax. An immediate income tax deduction is received on a substantial portion of the value of the trust.
A charitable remainder unitrust pays an annual percentage rate of return, so the payout will vary depending on the principal in the trust at the end of each year. A charitable remainder annuity trust pays a fixed annual amount regardless of the principal in the trust.
Charitable Lead Trust
A charitable lead trust provides for a gift of payment from assets for a term of years-- and then the property passes to the individuals you designate.
The Pension Protection Act provides that IRA owners age 70 ½ or older may donate all or a portion of their IRA, up to $100,000, and avoid income taxes that would ordinarily incur with normal distribution. The rule was extended by Congress through at least the end of 2010. The transfer must be made directly from the IRA to AANE.
You can name AANE as the primary beneficiary or successor beneficiary of a life insurance policy. When proceeds are paid to us, your estate will be granted a charitable estate-tax deduction.
For more information, contact Erica Remi, Development Director at 617 393-3824 x 47 or Erica.Remi@aane.org.