Please select the type of gift that best describes what you would like to accomplish. If you would like additional information about how any of these giving vehicles can help you accomplish your financial, estate, and charitable planning goals, please call Joan Oswald at (218) 786-1504 or contact us by email.

Gifts that Provide You with Income

• Charitable Gift Annuity [ Immediate ]
  A Charitable Gift Annuity enables you to transfer cash or marketable securities to the Miller-Dwan Foundation in exchange for a current income tax deduction and our promise to make fixed annual payments to you for life. Payments can begin immediately or can be deferred to some future date.
  
  A Charitable Gift Annuity offers many benefits to the donor:
  • It provides an immediate income tax deduction to the donor in the year the property is transferred to charity.
  • It pays a lifetime income to one or two individuals, which can include the donor, part of which is federal income tax-free.
  • The income payout from the gift annuity can begin immediately or can be deferred until some future start date.
  • The charity's promise to pay the annuity is backed by the general assets of the charity.
  • Capital gains tax liability can be spread over life expectancy if the donor is the annuitant.
  • It removes the transferred assets from donor's gross estate for federal estate tax purposes.
  
  This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.

• Charitable Remainder Annuity Trust [ Lives | Term ]
  A Charitable Remainder Annuity Trust (CRAT) is a popular type of planned gift. To set up a CRAT, you transfer cash, securities or other appreciated property into a trust. The trust makes fixed annual payments to you or to anyone you name for your lifetime or for a fixed number of years. When the trust ends, the principal passes to the Miller-Dwan Foundation.
  
  Benefits include:
  • An immediate income tax deduction for a portion of your contribution to the trust.
  • No capital gains tax on any appreciated assets you donate.
  • You or your designated income beneficiaries receive stable, predictable income for life or a term of years.
  
  This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.

• Charitable Remainder Unitrust [ Lives | Term ]
  The most popular and flexible type of planned gift is a Charitable Remainder Unitrust (CRUT). To set up a CRUT, you transfer cash, securities or other appreciated property into a trust. The unitrust may pay income to multiple beneficiaries for a lifetime or for a term of up to 20 years. The trustee (either you or someone you assign) manages the trust assets and pays you, or others you choose, a variable income for life, or for a term of years. When the trust terminates, the remaining assets in the trust are transferred to the Miller-Dwan Foundation.
  
  Some of the benefits of a Charitable Remainder Unitrust are:
  • The trust assets are not counted as part of your estate for probate or estate taxes.
  • A unitrust may be structured to accept gifts of assets that are temporarily liquid - such as real estate or a family business - which should not be donated for a gift annuity or an annuity trust.
  • You receive a charitable deduction on your federal income tax for the charitable portion of the unitrust.
  • You may be able to eliminate capital gains taxes.
  
  This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.

Gifts that Provide Income to Charity

• Charitable Lead Annuity Trust [ Lives | Term ]
  Charitable Lead Annuity Trusts (CLAT) enable you to transfer property to a trust, which pays a fixed annual amount, usually for a term of years, to the Miller-Dwan Foundation. At the end of the trust term, the remaining assets in the trust and any growth the trust has realized are passed to your heirs.
  
  Although there is no income tax deduction when you create a CLAT, it is one of the only planned giving vehicles that can discount the value of the original assets and result in little or no taxes.
  
  This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.

• Charitable Lead Unitrust [ Lives | Term ]
  A Charitable Lead Unitrust is an individually managed trust that allows you to give a variable annual amount to the Miller-Dwan Foundation for a fixed term of years or for the life of one or more individuals. When the term ends, the trust terminates and distributes its remaining assets back to you or to one or more individuals that you have specified.
  
  For some people, a Charitable Lead Unitrust is a good way to pass an estate to grandchildren. You also recieve a charitable income tax deduction.
  
  This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.

Gifts with Retained Use

• Life Estate Agreement [ Lives | Term ]
  A life estate agreement is an arrangement whereby you transfer title to a personal residence, farm, or vacation home to charity while retaining the right to occupy and otherwise enjoy the full use of the property for your choice of a term of years or the lifetime of one or more individuals.
  
  This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.