Bequests
Gifts made through bequests (leaving assets to a charity in your Will or Living Trusts) are generally deductible for Estate Tax purposes, reducing the potential to pay Estate Tax.Charitable Remainder Trusts (CRTs) and Charitable Lead Trusts (CLTs)
These trusts can also offer estate tax deductions, as the charitable gift portion of the trust is exempt from estate taxes.Life Insurance Policies
Designating a charity as a beneficiary of a life insurance policy can also result in estate tax savings.IRAs
A person may donate up to $108,000 from an IRA directly to a qualified charity without having to pay income taxes. This is commonly known as an IRA charitable rollover or a qualified charitable rollover (QCD). You may also designate a charity as a beneficiary of an IRA (or other retirement plan) to reduce both Income and Estate Tax.Donating Appreciated Assets
Donating appreciated assets, such as stocks, to a 501c3 public charity can allow you to avoid capital gain taxes on the appreciation.Cash Donations
Cash donations are generally eligible for an income tax deduction of up to 60% of your adjusted gross income.For more information or to initiate your Legacy Gift
Please contact Kris Rick, Executive Director, of The CEKF at 414-477-9959 or via email at krick@cekf.org. Kris is happy to discuss this type of gift to The CEKF and work with your investment advisor to ensure a smooth transaction for your legacy gift.The Charles E. Kubly Foundation is a 501c3 public charity and our FEIN is 20-0375310.