Closely Held Stock CHARITABLE GIVING STRATEGIES FOR THE BUSINESS OWNER If you hold stock in a closely held business, you may be able to use that stock as a powerful way to support our future. Closely held stock* is most often used to support our work in the form of an outright gift. You can … Read More
Bank or Brokerage Accounts SIMPLE AND STRAIGHTFORWARD WAYS TO SUPPORT BIRMINGHAM LANDMARKS/ALABAMA AND LYRIC THEATRES Designating Birmingham Landmarks/Alabama and Lyric Theatres as beneficiary of your bank accounts, certificates of deposit or brokerage accounts is a simple and straightforward way to support our work. There are two options you can use to make this gift to … Read More
Commercial Annuities A SMART GIFT TO LEAVE TO BIRMINGHAM LANDMARKS/ALABAMA AND LYRIC THEATRES Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, … Read More
Retirement Plan Assets PASS IT ON Retirement plan assets are a great way to support the work at Birmingham Landmarks/Alabama and Lyric Theatres because they not only help support the mission, but they also can provide tax relief for your loved ones. Money in an employee retirement plan, IRA or tax-sheltered annuity has yet to … Read More
Outright Gift or Bargain Sale TURN YOUR TREASURES INTO A CHARITABLE LEGACY Your treasures like valuable antiques, stamp and coin collections, works of art, cars, boats, and other personal property can make suitable charitable gifts today or after your lifetime. The financial benefits of the gift depend on whether we can use the property in … Read More
You can benefit from the tax savings without giving up the assets that you’d like your family to receive with a donation in the form of a charitable lead trust.
Like a charitable savings account, a Donor Advised Fund gives you the flexibility to recommend how much and how often money is granted.
When you give us appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction which eliminates capital gains tax.
If you are 70½ years old or older, you can take advantage of a simple way to benefit Birmingham Landmarks and receive tax benefits in return.
This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Some might prefer the ease and flexibility that a beneficiary designation provides by using IRAs and retirement plans, life insurance policies, commercial annuities.
You want to leave money to Birmingham Landmarks / Alabama & Lyric Theatres in your will but you also want the flexibility to change your will in the event that life circumstances change. You can do both.
If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust.