Simple Ways to Make a Planned Gift to CUI
Types of Gifts
Including Concordia University Irvine in your will or Living Trust is an easy process. The bequest can be specific or general, a percentage or flat amount. Contact us so we can assist you with the legal wording and provide examples for your lawyer.
Consider making Concordia University Irvine a beneficiary of an asset, or a portion of an asset, in your estate. A will or Living Trust is not needed.
Charitable Gift Annuity
A Charitable Gift Annuity is a great way to secure guaranteed lifetime income for yourself while remembering Concordia University Irvine with a planned gift after your death. You also receive an immediate tax deduction for a portion of the gift.
Charitable Remainder Unitrust(CRUT)
A Charitable Remainder Unitrust will supply annual, quarterly or monthly income for your lifetime or for a specific number of years chosen by you. You choose the payout percentage of the CRUT and receive an immediate tax deduction for a portion of the gift. Once the term ends, Concordia University Irvine receives the remaining value of the CRUT.
Testamentary Charitable Remainder Unitrust(TCRUT)
A Testamentary Charitable Remainder Unitrust works exactly like a traditional CRUT but the income payments do not start until your death. A TCRUT makes sure your beneficiaries receive their inheritance spread out over a set number or years or over their lifetime instead of one lump sum.
Type of Assets
Real Estate or Stock investments are assets that can increase significantly over time and will incur capital gains tax if sold. Consider using these assets to fund a planned gift to Concordia University Irvine.
A gift of life insurance is a great way to leverage your impact simply by naming Concordia University Irvine as a beneficiary. In this way, you can make a sizable gift through a wise investment.
Preserve more of the tax free assets in your estate for your family by donating your tax-deferred retirement accounts(401k’s, 403b’s, IRA’s) in a planned gift to Concordia University Irvine. In fact, beginning at age 72, a withdrawal from your IRA called a Required Minimum Distribution(RMD) is mandatory every year!
View our Guide to Planned Giving
Request a free copy by contacting the Office of Institutional Advancement at (949) 214-3180 or [email protected]