Ways to Make a Planned Gift to DakotAbilities
Make a difference and help continue the mission of DakotAbilities by making a planned gift. A planned gift is typically a gift that is promised now, but will be received at a future time. There are many types of planned gifts, many of which provide income tax savings to the donor and their heirs, and ultimately, a gift to DakotAbilities.
Ways to Make a Planned Gift to DakotAbilities:
- Gifts by Will
Perhaps the most common and easy way, a bequest is a method of making a charitable gift from your estate by naming DakotAbilities as a beneficiary in your will. If you choose to make a gift through your Will, the following language will be helpful to you and your attorney: "I give, bequeath and diverse ____% of my Estate or $____ to DakotAbilities".
- Charitable Gift Annuity
Make a gift to DakotAbilities and receive income for the rest of your life and a current tax deduction.
- Charitable Remainder Trusts
A charitable remainder trust is a way to make an irrevocable gift to DakotAbilities and receive some immediate tax benefits and still receive annual income distributions from your assets during your lifetime.
- Make a Charitable IRA Rollover
Donors 70 ½ years or older may transfer up to $100,000 directly to DakotAbilities. The transfer is not included in taxable income and qualifies for their required minimum distribution.
- Life Insurance
Name DakotAbilities as the beneficiary of an existing life insurance policy or choose to purchase a charitable life insurance policy.
There are numerous ways to establish a planned gift. We encourage you to talk with an estate planning specialist, tax advisor, or lawyer to determine what way works best for you.
All contributions to DakotAbilities are fully tax deductible as provided by law 501(c)3.