Planned Giving

Planned Giving is the process of coordinating gifts to nonprofits or charitable organizations with your overall estate plan.  Your primary reason for making a gift to the Texas Retired Teachers Foundation is to support the work and mission of the Foundation.  However, once you have decided to contribute, the gift can be structured to obtain the maximum tax benefits.  Federal tax laws are constantly changing but, in general, are favorable toward charitable giving.

 

Planned gifts can be current or deferred.  Usually they are gifts of assets other than cash, such as stocks, bonds, real estate or other personal property.  Deferred gifts include bequests and life income gifts such as charitable remainder trusts or insurance.  Under certain circumstances, tax savings can be substantial which can result in an increase in inheritance for your heirs.  Consult your tax accountant as to how your bequest can affect your own estate taxes.

 

Won’t you join us in our mission to support public education in Texas and to continue to improve the quality of life for retired teachers and school personnel around the state?  By planning to make an important gift to the Texas Retired Teachers Foundation, you can become a partner in excellence in education and contributions to our region.

 

Contact the Foundation office at (512) 480-3111 or email us at info@trtf.org for additional information.