Planned Giving Options

Bequests

Making a bequest, a gift through a will, allows you to retain ownership and control of all your assets during your lifetime when you may need them. A charitable bequest may also reduce the size of your taxable estate.

Benefits of bequests:

  • The ability to designate a specific dollar amount or percentage of the net proceeds of the estate
  • The ability to name KDLL as a secondary beneficiary, leaving the bulk of your assets to your family
  • Reducing or avoiding federal estate taxation

Types of bequests:

  • An OUTRIGHT BEQUEST is for a specified asset i.e., a stated amount or percentage of cash, stocks, real estate, or items of personal property.
  • RESIDUARY BEQUEST provides for the transfer of all or a portion of an estate that remains after all outright bequest provisions are fulfilled.
  • CONTINGENT BEQUEST is made when the original beneficiary named in the will is unable to accept the asset or property. This type of bequest can be all or a portion of an estate. This type of arrangement is advantageous for someone whose main concern is providing for his/her family. For example, a donor can bequeath his/her entire estate to his/her spouse; if the spouse predeceases the donor, the bequest benefits the contingencies.

When including a bequest provision in your will always use KDLL’s legal name and provide the federal taxpayer identification number.

KDLL’s full legal name: Pickle Hill Public Broadcasting, INC
KDLL’s federal taxpayer identification number: 92-0100717

For sample bequest language click here


Retirement assets

A gift of retirement assets (i.e., IRAs, 401(k), 403(b) accounts) to KDLL is a great way to fulfill your philanthropic objectives. 

Benefits of gifting retirement assets:

  • Avoiding income tax; the income of the retirement asset will be taxed at the income tax rate of your beneficiaries 
  • Reducing or avoiding federal estate taxation 
  • The ability to name KDLL as a secondary beneficiary, leaving the bulk of your assets to your family

Appreciated securities

A gift of long-term appreciated securities is frequently the most economical way for supporters of KDLL to make a charitable contribution.

Benefits of gifting appreciated securities:

  • Increasing the size of your gift, while lowering your net-after-tax cost
  • Being eligible to receive a charitable income tax deduction for the full fair market value of your shares
  • Eliminating capital gains on the appreciation of your shares 

Appreciated securities can be:

  • Given annually or as a one-time contribution 
  • Used to establish a planned giving vehicle, such as a charitable gift annuity or charitable remainder trust

Life insurance

When making a life insurance gift to KDLL, you may contribute an existing life insurance policy that your family no longer needs or you may establish a new policy with KDLL named as owner and beneficiary.

When you give an existing policy, you may qualify for a charitable income tax deduction based upon the cash surrender value of the policy on the date of the contribution.

Benefits of gifting life insurance:

  • Advantageous tax deductions 
  • Ability to make a contribution without disturbing other assets 

Real estate

Gifts of real estate can be an effective means of planning a gift to KDLL.  Generally speaking an acceptable piece of property is one that can be readily sold.

Benefits of gifting real estate:

  • Advantageous tax deductions 
  • Ability to make a contribution without disturbing other assets  
  • Eliminating capital gains on the appreciation of your property