Planned Giving Opportunities
Types of planned gifts include your will, gift of retirement funds or savings bonds, insurance policies, charitable remainder trusts, charitable lead trusts, and retained life estates. If you have established a planned gift of which we are not aware, or need additional information about making a planned gift, please contact us:
Give Madison Academy a paid-up policy
When Madison Academy becomes the owner of the policy, you can receive an income tax charitable deduction.
Name Madison Academy as the beneficiary or partial beneficiary of the policy
You may designate Madison Academy as the beneficiary or partial beneficiary of a policy, including policies through your employment by completing the appropriate forms with your insurance company or employee benefits coordinator.
Replace assets given to Madison Academy using a policy
You may make a significant gift to Madison Academy and use the tax savings to purchase a life insurance policy to replace the contributed funds for the future of your family. This is often called a wealth replacement trust.
You may consider the contribution of any real estate, whether a personal residence, a vacation home, a farm, commercial real estate or vacant land, as a gift to Madison Academy.
*Madison Academy is not engaged in rendering legal or tax advice. The purpose of this publication is to provide information of a general character only. For legal advice, please consult an attorney. Income tax references refer to federal taxes only, and individual state taxes may further impact your specific situation.