WHAT ARE THE WAYS AND MEANS TO ESTABLISH A LEGACY?
Outright Gifts: Transfers of cash, securities, or other property.
Gifts of Real Estate: Can receive the same tax treatment as gifts of appreciated securities
Bequest by Will or Living Trust: The most common forms of deferred charitable giving.
Gifts of Life Insurance: Designate Cathedral as a beneficiery.
Retirement Plan Gifts: Designating HRSOC as the primary, partial or contingent beneficiary of a private pension fund (e.g. IRA, SEP, 401 (k), 403(b), profit sharing plan). Designate HRSOC as a beneficiary on the “Beneficiary Designation” form.
Gifts with Retention of a Life Estate: Enables one to bequeath their home to the Cathedral while retaining the right to occupy, rent, or otherwise use the property during their lifetime.