The following chart will help you determine the type of gift that is right for you and your individual circumstances. When considering a planned gift, or making a significant gift of any kind, you should always consult with your legal, tax and financial advisor.
| GOAL | STRATEGY | BENEFITS |
| Make a quick gift and maximize your deduction | Donate cash to make your gift | Claim your deduction against a larger portion of your adjusted gross income |
| Afford a larger gift and avoid capital gains liability | Give appreciated stock or bonds held over one year | Buy low and give high – make a gift that costs you less than the benefit it delivers, while avoiding capital gains tax |
| Make a gift that doesn’t affect your cash flow or current portfolio | Leave a bequest in your will (cash, specific property, or a share of your estate residue) | Today – A gift that costs nothing, Tomorrow – an estate tax deduction for value of gift |
| Secure a fixed income from assets you give – thus afford a larger gift | Create a Charitable Remainder Trust | Receive income for your lifetime; receive an immediate tax deduction; avoid capital gains tax, and diversify your portfolio |
| Avoid capital gains tax on the sale of residence or other real estate | Donate the residence or real estate to Annandale Village or sale at bargain price | Immediate income tax deduction; avoid capital gains tax |
| Make a meaningful gift at little to no cost to yourself | Donate qualified retirement plans (IRA’s and 401(k)’s) by naming Annandale Village as beneficiary of 100% of the balance | Eliminate income tax on retirement plan assets, including deferred income tax and estate tax |
| Avoid capital gains liability on the transfer or a business or partnership interest | Contribute the partnership interest or closely held stock | Avoid capital gains liability; receive an income tax deduction; and utilize a gift asset you may have overlooked |