What is a planned gift?
A planned gift is any financial gift that takes effect at death or requires a document such as a will, gift annuity or trust. Planned gifts may provide you with immediate tax benefits and increased income during your lifetime. More importantly, they allow you, as a donor, to demonstrate your values and beliefs to your family and community and leave a lasting legacy to the causes to which you have committed yourself during your lifetime.
Leaving a bequest or planning a gift to the Society of St. Vincent de Paul North Texas creates a life-changing legacy of hope for the future. Making your wishes known through a will assures that your intentions are fulfilled and allows you to plan your gift for greatest legal and tax advantage to your heirs.
Careful planning can ensure that you realize maximum benefit from your giving. For instance, equity donations - stocks, bonds, mutual funds and other properties- can provide support for the Society while accruing multiple tax advantages for the donor.