Deferred gifts are planned donations that a donor arranges to be given to a charity or organization at a future date, often as part of their estate planning. These gifts allow donors to contribute significantly to causes they care about while potentially benefiting from tax advantages during their lifetime.

Deferred Gifts

Planned donations

A donor is an individual or entity that voluntarily provides resources, such as money, goods, or time, to support a cause, organization, or individual in need. Donors play a crucial role in philanthropy and fundraising, often motivated by altruism, social responsibility, or personal connections to the cause.

Donor

Charity

An organization is a structured group of people working together to achieve common goals through coordinated efforts and shared resources. It encompasses various elements such as hierarchy, roles, and processes to ensure effective management and operations.

Organization

Future date

Estate planning is the proactive process of organizing and managing an individual's asset base in the event of their incapacitation or death, ensuring that their wishes are honored and beneficiaries are protected. This process involves legal documentation, tax considerations, and strategic financial planning to minimize uncertainties and maximize the value of the estate.

Estate Planning

Tax advantages refer to the financial benefits that reduce the amount of tax a person or business owes, often through deductions, credits, or favorable tax structures. Understanding and utilizing tax advantages can lead to significant savings and improved financial planning, making them a crucial aspect of personal and corporate finance strategies.

Tax Advantages

Lifetime refers to the duration of existence or the period during which an entity, such as a living organism, object, or phenomenon, remains functional or relevant. It encompasses both the biological lifespan of living beings and the operational lifespan of non-living entities, influenced by factors like genetics, environment, and usage patterns.

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