Planned Giving

Bequests

Some donors find that the best way they can help Peak Community Services is by making a bequest in their will. There are three different kinds of bequest, but with each, the entire value of the bequest is eligible for an estate tax charitable deduction.

Charitable Gift Annuities

With a CGA, you make a gift to Peak Community Services, and the agency agrees to pay you a fixed amount of income every year for the rest of your life. Another beneficiary can also receive income from your CGA. In addition, you have the option to defer receiving income for a period of time.

Charitable Remainder Trusts

With a CRT, you irrevocably put assets into a trust. The trust then provides income payments of at least 5% annually to you or a named beneficiary. Depending on how you set up the trust, the payments will continue for a fixed period of time, or until the death of the beneficiary. At that time, the remaining assets are transferred from the trust to Peak Community Services.

Life Insurance

Life insurance can be a very flexible tool in estate-based philanthropy. As with other giving vehicles, you can help Peak Community Services while also receiving tax benefits for you and your heirs.

Real Estate & Personal Property

Various forms of real estate can be donated to Peak Community Services. You can make an outright gift or retain an interest in the property. A gift of tangible personal property to Peak Community Services entitles you to an immediate tax deduction.

Retirement Plans

Though you may enjoy many tax benefits during your lifetime from your 401(k), IRA, or Keogh plan, the assets in these retirement plans can be heavily taxed when passed on to your heirs. Retirement plan assets are also subject to income taxes, resulting in as much as 75% of these assets going to the IRS. You can avoid this tax burden, thereby getting the most from your money, by naming Peak Community Services as a beneficiary.

Stock & Other Securities

A gift of stock (or other appreciated property) entitles you to a tax deduction for the market value of the donated stock (not just your cost basis). If the stock you wish to donate has been held for more than one year, you can avoid capital gains tax on any appreciation of the stock by donating the stock prior to sale.