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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.
A portion of the annual income from this investment is used to address immediate needs and the remaining funds are reinvested to ensure indefinite support.
Establishing a memorial or tribute gift is a meaningful way to honor your loved one or celebrate a special occasion such as a birthday while supporting the work of our mission.
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.
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.