Gift Planner Short Description of Image

Estate and Gift Planning is an excellent way to accomplish both personal and charitable goals. It is a process that combines financial planning, estate planning and tax planning techniques to help you make significant gifts, often with dramatic tax and financial rewards. Depending on the option you choose, you can reduce your income taxes; avoid capital-gain tax; increase your spendable income; retain payments for life; and achieve no-cost, no-worry asset management.  We offer a full range of planned giving services, such as serving as trustee of charitable trusts or issuing current and deferred charitable gift annuities. 

In two easy steps, you can select the best gift plan to meet your particular needs and circumstances.  Leaving a legacy has never been so easy!


The first step in charitable gift planning is to research your options.  There are many different types of planned giving vehicles depending on your needs and circumstances.  The vehicles include:

Gifts of Assets:

Appreciated Securities: Appreciated securities are a wonderful asset to donate to the University of Miami because the IRS allows one of its most significant tax breaks for these types of gifts.
Business Interests: Gifts of business interests, such as stock in a closely-held company, S-corporation tock, or shares in a professional corporation, can be donated to the University of Miami.
Cash: Gifts of cash can provide the donor with an immediate tax deduction and provides immediate benefits to the University of Miami.
Life Insurance: Life insurance can be a great gift to the University of Miami.
Partnership Interests: Interests in real estate or oil-and-gas partnerships can be   donated to the University of Miami.
Personal Property: Items such as artwork, antiques, jewelry, collections, and the like can be donated to the University of Miami. 
Real Estate: Gifts of residential, commercial, or undeveloped real estate can be donated to the University of Miami. 
Retirement Assets: Because of tax implications, your retirement plan assets may be worth more when donated to the University of Miami than to your heirs. 

Gifts by Will:

Bequests, which are simply gifts made through a will or trust, have been extremely important to the University of Miami since its founding, providing continuing support of its important mission.  Bequests are a commonly used planned giving vehicle because they allow donors to meet their commitments during their lifetime while leaving a legacy upon their passing.  Charitable bequests also can convey tax benefits to a donor’s estate.

Gifts that Pay you Income:

The University of Miami offers a variety of life-income arrangements. A life-income arrangement operates generally as follows: you irrevocably contribute cash, appreciated securities or other property to the University, which then sells and reinvests the property to pay an annual income to you and/or a beneficiary for life or a term of years. After the death of the last beneficiary or the end of the term, your gift is then transferred to the University of Miami. The proceeds of your gift are used for the purposes you designate at the time of your contribution.  Benefits of a life-income gift include annual income for you and/or a beneficiary; professional investment management at no charge; bypassing capital gains on gifts of appreciated assets; immediate federal income tax charitable deduction; and estate tax savings.

Determining the right plan for you depends on a number of factors including your age, type of assets, income needs and financial objectives.  There are a number of life-income plans including the following:

Charitable Gift Annuity: The easiest way to make a taxwise charitable gift to the University of Miami is through a gift annuity.  You transfer cash or securities to the University in exchange for our commitment to pay you a specified annuity for as long as you live.  There’s no trust agreement or other complexities – just our written promise to pay you or a designated beneficiary a specified amount for life. 

Charitable Remainder Trusts: Charitable remainder trusts are an effective and taxwise way to provide an income to you or a designated beneficiary for life while making a gift to the University of Miami.  You irrevocably transfer assets to a trust, the trustee invests the assets and during the trust’s term, provides an annual income, either a fixed dollar amount or a fluctuating percentage based on revaluation of the trust assets, to you or a designated beneficiary for life.  Upon termination of the trust, the assets revert to the University of Miami. 

Other Planned Gifts:

Charitable Lead Trust: Charitable Lead Trusts are the reverse of a charitable remainder trust: you irrevocably transfer assets to the trust, the trustee invests the assets and during the trust’s term, provides a fixed dollar amount each year to the University of Miami.  At the end of the trust’s term, the trust distributes the accumulated assets to family members or other beneficiaries named by you. 

Retained Life Estate: You can give a home or farm to the University of Miami but continue to use it for the remainder of your life or for a set number of years.  This arrangement is called a retained life estate.  Once the tenancy is completed, the University of Miami will own the property outright.


The second step in gift planning is to plan your gift, so that you can see the benefits to you and to the University of Miami.  The best way to do that is to either request an illustration, where applicable, or to contact us to discuss your gift further, so that we can help you plan in the most effective way possible.  To request an illustration, click here for contact information.

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