Life Stage Gift Planner™

Under Age 60

At this stage in life, some of the financial issues you may find yourself dealing with are:

• Accumulating and preserving wealth
• Managing debt
• Prudent asset management
• Discretionary savings programs
• Long-range planning for retirement and emergencies
• Diversifying investments and establishing a growth strategy
• Creating a simple will and estate plan providing for heirs and bequests to charity
• Increasing income; increasing debt

For the charitably inclined, certain types of gifts can provide solutions to taxing problems:

Charitable bequest
If you would like to make a substantial gift to Temple Emanu-El but you do not have the current disposable income or assets to do so now, consider a charitable bequest.

Cash, checks, and credit cards
A gift of cash is easy to make, and the gift is not subject to gift or estate tax. A contribution of cash or by a check that is postmarked in December is deductible for that tax year—even if Temple Emanu-El receives it in January—provided the account against which the check was written had sufficient funds to cover it in December. A contribution by credit card must be made by December 31 in order to be deductible for that tax year.

Deferred-payment charitable gift annuity
If you are making the maximum annual contribution to your retirement account but are unsure whether there will be enough income when you retire, consider establishing a deferred-payment charitable gift annuity with Temple Emanu-El.

Charitable remainder unitrust
Provides for annual payments to the designated beneficiary(ies) of a specified percentage—at least 5% of the value of the trust as it is valued each year. Because the value may vary year to year, the payments may also vary.

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