In addition to supporting the mission of Arcadia, a planned gift can provide substantial tax advantages, especially on gifts of stocks and real estate. The benefits may include:
- an income tax deduction
- reduced capital gains taxes
- reduced probate costs and estate taxes
- income for life
By taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits both your needs and the needs of Arcadia. The increased standard deduction in the tax law (effective 2018) may require more creative gift planning, but may result in greater tax savings as a result of your charitable gift. A planned gift may bring added tax savings, but more importantly it can help you fulfill your desire to honor Arcadia in your legacy plans.
We want to help you fulfill your wishes. If you have any questions, please contact:
Denis Brosnan
Associate Vice President of Philanthropic Giving
215-517-2497
brosnand@arcadia.edu
Arcadia University