PLANNED GIVING

Many caring people have discovered while making long-range estate and financial plans that they have the means for charitable giving, and at the same time are able to reduce their tax burden. There are several options for leaving a legacy. You may want to explore these options with your attorney or financial advisor.

• A gift included in your will or living trust is one way to establish a lasting legacy.

• A gift of retirement funds, such as an IRA, may allow you to give more than you thought possible and may reduce taxes that consume these assets.

• Life insurance policies, stocks and bonds, and property may be offered as gifts and can provide extra tax benefits.

Giving is, of course, much more than tax brackets and charitable deductions. Your charitable gifts make an important difference in what Springfield Catholic Schools are able to accomplish.