WHAT’S RED & WHITE AND GOES ON FOREVER?

A Bequest is a provision in your will or in a codicil to your will that provides for a transfer, at death, of a specified amount or a fraction of your estate to RPCS.
• Benefits to You: You receive an estate tax charitable deduction.
• Benefits to the School: RPCS receives the bequest, in the form of cash, securities, or real estate, following your death.
Click “Planned Giving 101: How to Make a Charitable Bequest”

A Charitable Lead Trust is a trust you create that provides income to RPCS for a specified term of years. When the trust terminates, the principal goes to persons (often children or grandchildren) whom you designate.
Click “GiftCalcs Integrated Calculator”
• Benefits to You: You do not incur tax on the income paid to the School; and your gift tax, on the principal’s passing to your designated beneficiaries, is reduced or eliminated.
• Benefits to the School: RPCS receives income each year during the term of the trust.

A Charitable Remainder Trust is the reverse of a charitable lead trust. Income is paid to you or to someone you designate for a specified term of years or for life. When the trust terminates, the principal goes to RPCS. Click “GiftCalcs Integrated Calculator”
• Benefits to You: The trustee, whom you select, can sell the trust assets, without incurring a capital gains tax, and reinvest the proceeds to provide a higher annual return. In addition, you receive an immediate income tax deduction for the value of your deferred gift.
• Benefits to the School: RPCS receives the principal of the trust at the end of the specified term.

A Gift of Retirement Assets is a deferred gift to the School of any balance remaining at your death in your IRA, 401(k), or similar qualified retirement plan.
• Benefits to You: The amount passing to RPCS is not subject to income tax or estate tax as it would be if left to a child.
• Benefits to the School: RPCS receives the balance remaining in the plan after your death.

A Gift of a Remainder in Real Estate is a gift of a residence to the School, subject to your right to occupy the property for the rest of your life.
• Benefits to You: You receive an income tax deduction, when the arrangement is created, for the value of your deferred gift to the School.
• Benefits to the School: RPCS receives the property upon your death. The property may be used or sold.

A Gift of Life Insurance is the transfer of the ownership of an insurance policy on your life to the School. You agree to continue to pay any premiums due after the gift.
• Benefits to You: You receive an income tax deduction for your investment in the policy and for any premiums you pay subsequent to the gift.
• Benefits to the School: RPCS receives the death benefits under the policy upon your death.

For further information about planned gift options at RPCS,
please contact:
Evelyn Zink, Director of Development, (410) 323-5500 x3041 or zinke @rpcs.org