Charitable gifts included as part of your long-range estate and financial planning can offer an excellent way to provide lasting support for the Charles H. Coolidge National Medal of Honor. As a result of tax law changes in recent years, many may find they have more assets available in their estates that can make it possible to provide for their heirs and charitable interests in ways they may not have thought possible.
Your gift can be made while possibly minimizing taxes and settlement costs as you conserve more of your estate for loved ones. Some ways to give:
With a Charitable Gift of Stock, you can give securities to the Charles H. Coolidge National Medal of Honor Heritage Center and receive an income tax deduction on stocks that have appreciated in value.
Under the extended charitable IRA legislation, if you are over 70 years of age, you can make a charitable gift to the Charles H. Coolidge National Medal of Honor using funds from your individual retirement accounts (IRAs) without undesirable tax effects.
With a Charitable Remainder Trust, you and other named individuals can receive income each year for life or a period not exceeding 20 years, from assets you give to the trust you create. Payments can be either variable or a fixed amount. After the life of the named individuals or the set period of years, the balance in the trust benefits the Charles H. Coolidge National Medal of Honor.
With a Charitable Gift Annuity, you agree to make a donation of cash, stocks or other assets to the Charles H. Coolidge National Medal of Honor Heritage Center. In return, we agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.
To make a Charitable Bequest, you will need a current will or revocable living trust. Your gift can be a percentage of your estate, or you can make a specific bequest by giving a certain amount of cash, securities, or property. After your lifetime, the Charles H. Coolidge National Medal of Honor Heritage Center receives your gift.
We are happy to provide more information to you and your advisors concerning ways you can create your lasting legacy while preserving financial security for yourself and your loved ones.
Paul Jacobs, Jr., CPA, ChFC
Partner, Lawson Winchester Wealth Management
Trustee, National Medal of Honor Heritage Center
Our legal name is:
Charles H. Coolidge National Medal of Honor, Inc.
P.O. Box 11467
Chattanooga, TN 37401