"I make this bequest as a memorial to be known as the (insert name)."

Very often policies have outlived their usefulness as a means of security, If you no longer need the policy, you can give it to us or name us as a beneficiary. You may receive income tax benefits as well.

You can make a gift of personal property, including real estate such as a residence, vacation home or condominium. You may continue to use the residence as before and you may also realize a sizable income tax reduction as well.

Trusts can provide an opportunity to receive income for life, avoid capital gains tax, reduce income and estate taxes, secure benefits for children and grandchildren - and made a significant gift to a charity. There are several types of trusts including a "unitrust" which pays a fixed percentage of the fair market value of the trust and the "annuity" which pays a fixed dollar amount each year. In both, the charity receives the remainder interest upon your death and/or you and your spouse.

Charitable Lead Trusts allows a charity to receive income from the donor's assets for a specific time after which the asset is transferred back to the donor or the donor's heirs. A charitable lead trust can reduce gift and estate taxes and provide income benefit to the donor.

If you are aged 70 and 1/2 or older, you can participate in the Pension Protection Act of 2006.  This federal ruling is only available during 2006 and 2007.  This is a great opportunity to donate up to $100,000 a year if you must take a mandatory withdrawl from your IRA, but you do not need the additional income.  The gift must come directly from your IRA.