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GIFT AND ESTATE PLANNING

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The Dominican Society

 

            The Dominican Society was recently established to recognize people who name St. Dominic High School in their wills, trusts, or other estate plans.  The only requirement for membership is to make it known to the school that a provision for a gift has been made. 

 

            The beauty of a planned gift is that it enables a donor to arrange charitable contributions in a manner that maximizes his/her personal benefits, while minimizing the after-tax cost.

 

            Planned gifts can include

·        Cash

·        Investments and Property

·        Wills and Trusts

·        Gift Annuities and Deferred Gift Annuities

·        Charitable Remainder Trusts

·        Charitable Lead Trusts

·        Life Insurance

and other types of gifts, as well.

 

            Some typical advantages of planned gifts include

·        Immediate tax deductions

·        Avoidance of capital gains taxes

·        Reduction of estate taxes

·        Retained income rights for the life of a donor and/or beneficiaries

·        Possibility of increased spendable income for the donor with certain arrangements

 

A planned gift to SDHS is an expression of an individual’s commitment to the continuation of an educational tradition characterized by academic excellence, active faith in Jesus Christ, and personal growth.  Each gift is tailored to the donor’s unique blend of financial resources and goals.  Regardless of the type of gift chosen, all donors enjoy two significant rewards: the personal satisfaction of advancing the education of future generations and the financial benefits derived from sound investment and estate planning.  For additional information, please contact Elise Daniels, Development Director, at 636-240-7639 or edaniels@stdominichs.org.