"An investment in knowledge always gives the best return."
How do you leave a legacy for a lifetime? How do you influence the life of a child? Through the deferred giving program at WSOC, your generous spirit will continue to live through our remarkable children and school. Planned giving options include: bequests, insurance policies, charitable lead trusts, charitable remainder trusts, charitable gift annuities and beneficiary designations.
The WSOC Legacy Program consists of alumni, parents, grandparents and friends who have made a commitment to a Waldorf Education through direct and deferred giving. Planned giving options are available in many forms:
Planned Giving Options
|Type of Gift||Size of Gift||Description||Benefits|
|Bequests||Percentage of estate, Specific dollar amount||Donations made to WSOC through provisions made in will or trust as monetary amount, real estate, tangible personal property, or allocation of assets||No current financial responsibility. Charitable estate tax deduction|
|Insurance Policy||Unlimited||WSOC named as beneficiary and/or owner of new or existing policy||Premium payments on existing policy tax-deductible if school is the owner. Tax deduction on current value of policy or value of transferred policy|
|Charitable Lead Trusts||Unlimited||Assets transferred to lead trust that makes payments to WSOC for specific term of years. At end of trust term, remaining assets returned to you or passed to your heirs||Taxed on income, estate, and gifts reduced or eliminated|
|Charitable Remainder Trusts||Unlimited||Cash, securities, property or other assets donated to WSOC while you receive distributions from trust for life||Payments for life under a variety of structures Immediate income tax Deduction No tax on sale of trust assets|
|Charitable Gift Annuity||Unlimited||Cash, or securities donated to WSOC with guaranteed income Payments made to you for life||Fixed payments for life Immediate income tax Deduction. Annuity payments receive favorable tax treatments|
|Beneficiary Designation Form||Unlimited||Some or all of retirement assets or life insurance benefits designated to WSOC||Charitable estate tax deduction for transfer amount Retirement assets to school are income tax free|
For more information or to plan your legacy gift, please contact firstname.lastname@example.org
*This material is presented as educational only and is not offered as legal or tax advice