1055 Willeo Road
Roswell, Georgia 30075
ne of the most powerful and philanthropic tools available to High Meadows School’s supporters is planned giving. The benefits of this program include tax savings, increased income, and providing for heirs. It can also benefit High Meadows at the same time.
What is Planned Giving?
Planned giving includes a variety of philanthropic strategies that help you provide for High Meadows while also advancing your own financial and personal objectives. Making a planned gift is a special way to support the school because it allows you to donate assets, yet defer the time we actually receive them. The most beneficial gift plans improve the donor’s financial and tax situation, often right away.
Several planned giving options are available. The simplest one is a bequest in your will. We strongly recommend you consult with your attorney or tax advisor to research the most appropriate way to remember High Meadows in your will or estate plans.
High Meadows has been such an important part of my life. Including High Meadows in my estate plans through a gift of life insurance was a logical and prudent way for me to give back to a place that has impacted my family and me in so many positive ways.
e have established The Oak Society to recognize those who include the High Meadows in wills or estate plans. These gifts are an important way to help ensure the future strength of our school and enable you to have an impact on High Meadows beyond your lifetimes. We humbly appreciate the foresight and extraordinary generosity these donations represent.
A donor would like to make a substantial gift to High Meadows, but doesn’t have sufficient assets to provide a large gift during their lifetime because of concerns regarding health costs or other potential unknown costs. A bequest allows the donor to make a substantial gift, often higher than their capacity during their lifetime. Please provide appropriately for spouse and children first.
These plans are helpful during one’s life, but not ideal to pass to family members. Until a Charitable Rollover provision is passed and becomes law, an IRA is the best asset to pass to High Meadows. While any attempt to pass these assets to family members causes substantial tax losses, our school can receive it tax-free.
Real estate can be a difficult item to resolve within an estate or by family members after it leaves the estate. A gift of real estate to High Meadows avoids estate, gift, and capital gains taxes, and provides an income tax deduction. If some cash is needed, then a bargain sale can be used to provide cash in part, and a gift in part.
A donor owns a large policy or several policies, not all of which is needed to fund estate requirements. Make a gift of the policy and allow High Meadows to choose cash value or death benefit, or designate High Meadows as the beneficiary.
A donor owns appreciated assets that are low growth, low dividend, or both. The donor may not wish to pay capital gains tax, but would like to create more current income from assets. A gift to a CRT or CGA avoids capital gains taxes and estate taxes, provides income to designated beneficiaries, and the remainder can be passed along to High Meadows.
A donor owns substantial assets and would like to pass them to the next generation at low tax cost. A charitable lead trust pays income to High Meadows for a period of years, then the remainder to family members. By paying to a charity, a much lower imputed value is passed to the family members, avoiding tax on the marginal difference in value.
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