Life Stage Gift Planner™

 Under Age 45

Happy students studying.

At this stage in life, some of the financial issues you may find yourself dealing with are:

  • Increasing income
  • Managing debt
  • Accumulating assets
  • Starting discretionary savings programs
  • Long-range planning for retirement and emergencies
  • Establishing a growth strategy for investments
  • Creating a simple will and estate plan providing for heirs and bequests to charity

For the charitably inclined, certain types of gifts can provide solutions to taxing problems:

Cash, check, and credit card
A gift of cash is easy to make, and the gift is not subject to gift or estate tax. A contribution of cash or by a check that is postmarked in December is deductible for that tax year—even if the UW-Platteville Foundation receives it in January—provided the account against which the check was written had sufficient funds to cover it in December. A contribution by credit card must be made by December 31 in order to be deductible for that tax year.

Gifts of appreciated securities
A charitable gift of long-term appreciated securities can provide a double benefit—an immediate income-tax deduction for the full fair-market value of the securities and the avoidance of capital-gain tax.

Life insurance
A gift of life insurance can be an excellent way to make a substantial gift on the installment plan, and if you irrevocably transfer full ownership of the policy to the UW-Platteville Foundation, you are entitled to an income-tax deduction for each premium payment.

Charitable bequest
If you would like to make a substantial gift to charity but you do not have the current disposable income or assets to do so now, consider a charitable bequest.

Retirement-plan benefits
It is quite likely that your retirement-plan benefits will be your single largest asset, and naming us as one of your beneficiaries can benefit your family and support your charitable intentions.



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