There are many types of planned gifts. Explore more about each type of planned gift to discover which type best fits your desired income, payment schedule, tax benefits and assets.
View our Gift Planning Comparison Chart that allows you to compare each of these planned gift options.
You designate Wofford College as a beneficiary or some or all of the assets in your will.
You give Wofford an asset, and in return the college agrees to pay you a fixed income for life. The remainder supports Wofford.
You establish a trust with assets, avoiding exorbitant estate taxes. You receive a fixed income payment for life or a term of years. The remainder supports Wofford.
You establish a trust with assets, avoiding exorbitant estate taxes. You receive a fixed inocome payment for life or a term of years. The remainder supports Wofford.
You provide assets to fund a trust for a term of years. The trust makes annual payments to Wofford for the estblished term. The remainder goes to designated family or friends.
You make Wofford the owner and beneficiary of a life insurance policy, and you receive income tax deductions. Or, you can make Wofford the beneficiary of a policy, and your estate may be allowed a charitable tax deduction.
You deed Wofford your peresonal residence, farm or vacation home but retain the right to live there for life.
You may make Wofford the beneficiary of your retirement plan, or you may be eligible to roll over all or part of your required minimum distribution (RMD) to Wofford.