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 Maximum Tax Benefits

Revocable vs. Irrevocable Gifts 

The IRS provides important tax incentives to encourage support for charitable organizations.  To qualify for any given tax benefit, a gift typically must be irrevocable.  Stated another way, a gift must be complete and not one a donor could ‘reclaim’ in any way.

Clearly, an irrevocable gift only should be made after proper reflection and consultation with your legal and financial advisors.  However, with proper planning, such gifts can provide important income and tax benefits for you and your heirs. 

Examples of these gifts include Charitable Remainder Trusts, Charitable Lead Trusts and Charitable Gift Annuities.  

The Willows can help you explore the benefits that may result from an irrevocable planned gift.  For more information, please contact Deonna Heath at marketing@ewillows.org or (949) 586-5220.  Again, there are never any expectations or obligations to complete any gift.