Please consult your financial advisor, attorney or accountant for information about your estate.
For more information, contact Melissa Leecy at (540) 437-2450 or at firstname.lastname@example.org
Types of Planned Giving
- Easy to arrange
- Does not affect your assets or cash flow during your lifetime
- You may have planned your estate through a revocable trust instead of a will. A transfer to WVPT from your trust will bring you the same tax and planning benefits as a bequest from a will.
You Can Make Your Bequest in Several Ways:
A bequest can deliver a specific dollar amount or asset to WVPT, or it can give us a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. It can also be payable if an individual beneficiary is not able to inherit.
"I bequeath Ten Thousand ($10,000) Dollars or: all my Merck stock to WVPT—Virginia's Public Television."
"I bequeath Ten Percent (10%) of the residue of my estate to WVPT—Virginia's Public Television."
"If my niece does not survive me or is unable to inherit this bequest, I direct that it be paid to WVPT—Virginia's Public Television."
Your Bequest Can Be Used by Us in Two Ways:
A bequest can be directed to a specific program or purpose at WVPT, or you can tell us to apply it to our general resources or use it for the need that we believe is most pressing at the time it is received. So that it can be most useful, we prefer that the terms of a bequest be as general as possible, and ask you to consult us if you are considering a bequest for a specific purpose here.
Receive stable, predictable income (particularly appealing to older donors and income beneficiaries).
Avoid all upfront capital gains tax on any appreciated assets you transfer to the annuity trust.
Receive all or partly tax-free income if your annuity trust is invested for that objective.
Reduce your estate tax liability by removing a large taxable asset.
Make a satisfying and substantial gift to WVPT during your lifetime.
The gift assets placed in the lead trust are frozen in value for transfer-tax purposes as of the date the trust is formed. When the trust terminates and the assets pass to your family, all intervening appreciation will escape gift and estate tax.
Our income interest further reduces the taxable value of the trust assets when they pass to your family. This feature makes the lead trust especially useful if you are holding assets likely to appreciate significantly before they are transferred to the next generation.