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Planned Giving for Financial Advisors

Gifts That Protect Your Client's Assets

Your client can make a charitable gift that preserves asset value, transfers assets to heirs at reduced gift and estate tax cost, and/or allows your client to continue to benefit from the assets. Gifts to Harper College Educational Foundation that protect assets include:

  • Charitable Bargain Sale. Your client can sell real estate to Harper College Educational Foundation for less than fair market value, count the difference as a charitable gift, and keep the cash proceeds.
  • Charitable Lead Trust (CLT). Your client can create a trust that will make regular contributions to Harper College Educational Foundation and pass the remainder to your client's heirs at greatly reduced estate and gift tax costs.
  • Retained Life Estate. Your client can donate her personal residence, farm or vacation home to Harper College Educational Foundation and continue to use it for as long as she lives. Your client will be eligible to claim an income tax charitable deduction for a portion of her gift, remove the contributed assets from the taxable estate, and preserve lifetime use of the property.