Planned Giving
What is Planned Giving?
Planned giving refers to gift arrangements that take into consideration:
- the assets you wish to contribute
- the most advantageous method by which the assets can be contributed
- whether the gift is to be used by UMMS for the purpose you designate immediately or some time in the future
Planned giving helps you, the contributor, make a gift in a way that is compatible with your personal goals, while supporting your health care interests at UMMS. There are a variety of gift plans that allow you to:
- Make a gift to UMMS that
you might not otherwise have thought possible; and
- Take advantage of special tax benefits available to you and your family.
Planned gifts receive favorable tax treatment under federal AND state tax laws. Some planned gifts enable you to donate cash or convert appreciated assets into a plan that will provide income to you and/or your spouse or one to two other individuals you select.
Through careful planning you may be able to reduce or eliminate income taxes, capital gains taxes and transfer taxes, such as gift, estate, inheritance and generation-skipping taxes.
Planned gifts offer you the opportunity to enjoy tax savings while helping UMMS provide for the health of our community, now and in the future.
