Help insure that Kiski will continue to provide an excellent education to our boys in the future by including Kiski as a beneficiary in your will. Choose to bequeath a monetary sum or a percentage of your estate. If you already have an up-to-date will, you may add a provision for Kiski through a codicil that simply states your latest intentions.
(Back to top)Qualified retirement plans are a good choice for investing in the future of Kiski. If left in your estate, your heirs will pay income tax on these assets in addition to estate taxes, often amounting to a total taxation of up to 75%. By bequeathing your retirement plan assets to Kiski, you will make sure that 100% of these funds will support your wishes.
(Back to top)A Charitable Gift Annuity is a simple contract between you and The Kiski School. In exchange for your irrevocable gift of cash, securities, or other assets, Kiski agrees to pay one or two annuitants of your choice a fixed sum each year for life. Advantages include:
Guaranteed income for life
A tax deduction for the gift portion of the annuity in the year the gift
is made
Often, a portion of each payment is tax free, and capital gains taxes
on appreciated assets can be spread over the projected life of the
contact.
(Back to top)Charitable remainder trusts are individual trusts that can be funded with cash, tax-exempt assets, or appreciated property. Remainder annuity trusts distribute a fixed dollar amount of income, and remainder unitrusts distribute a variable amount either for a set term of years or for the lifetimes of the beneficiaries. Kiski then receives the remainder of the trust assets. Advantages of a CRT usually include:
Annual income for yourself and/or other beneficiaries
An immediate charitable deduction
Elimination of capital gains tax on appreciated assets
Estate tax savings
(Back to top)A lead trust pays income to The Kiski School for a number of years or a lifetime and then transfers the principal in the trust back to you or to another individual of your choice.
(Back to top)An outright gift of a paid-up life insurance policy makes an excellent charitable gift. Or you can make Kiski the beneficiary of an existing policy or take out a new policy with Kiski as the owner and beneficiary.
(Back to top)You may give a gift of your home, farm, or vacation home and retain the right to live there as long as you live. This results in a charitable deduction on your income tax.
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