Your Planned Giving Options

You can leave a specific gift or percentage of your total estate in your will to Barton College and specify the purposes you want these monies to serve. Your generosity enables you to leave a legacy, to help future Barton students, and to improve the quality of our institution.

 

A Current Will

  • Ensures that your property is distributed according to your wishes
  • Allows flexibility in carrying out your wishes
  • Fully deductible from estate taxes
  • Not irrevocable, may be adjusted as circumstances dictate

 

Charitable Gift Annuity

  • Provides a fixed income for life for yourself and perhaps one other person based on age
  • Considerable tax-saving consequences
  • Remainder transferred to Barton upon death

 

Charitable Lead Trust

  • Enhances your ability to make larger gifts to Barton College
  • Trust pays selected amount of income to charity for a predetermined number of years
  • Preserves assets for your family
  • Reduces your taxable income
  • Reduces your estate tax

 

Charitable Remainder Trust

  • Trust provides flexible investment
  • A significant charitable deduction is realized
  • Capital gains tax is eliminated
  • Your trust is professionally managed
  • Trust pays selected percentage of at least 5% income for life
  • Remainder of Trust transferred to Barton at death

 

Life Insurance

  • By naming Barton College as the owner and beneficiary, you are entitled to charitable deductions
  • Funds are paid to Barton upon death and are removed from the estate
  • May be an inexpensive way to replace the value of another gifted asset
  • Names Barton irrevocable owner and beneficiary

 

Living Trust

  • The provisions are fully revocable and amendable at any time
  • You name the beneficiary of the income of the trust
  • The remainder goes to those you have named
  • You name the trustee

 

Retained Life Interest

  • Gift of personal residence or farm
  • Continue to stay in your residence for life
  • Immediate deduction for present value of the remainder
  • You may gift a segment of your property and still receive charitable deductions
  • Home used or sold at death by college

 

Retirement Plan

  • Fully deductible from estate tax
  • Barton receives assets of the retirement plan
  • Avoids income tax

 

If you have questions, please contact us!

Jan Meriwether

Vice President for Institutional Advancement
To learn more about Planned Giving, contact Jan Meriwether, Vice President for Institutional Advancement. Contact Jan at 252-399-6314 or at jymeriwether@barton.edu.