Other planned giving methods to consider
"Give It Twice" Trust
This method, also called a testamentary charitable remainder
trust, allows you to support loved ones and Texas A&M after your
lifetime through a trust created in your will. This gift
provides regular payments to designated beneficiaries for up to
20 years, while the remainder benefits Texas A&M. Because this
method spreads out payments, it’s an advantageous way to help
your heirs responsibly handle their inheritance. While you won’t
receive an immediate tax deduction, you could receive an estate
tax deduction.
Charitable Remainder Trust
You can turn appreciated assets into payments for you and
support for Texas A&M by placing the assets in a charitable
remainder trust. This method eliminates capital gains taxes on
the assets and provides payments based on a percentage of the
trust, which means they could increase if the trust grows. After
a specified number of years, the remainder will support your
chosen impact area in Aggieland.
Bequest
One of the easiest and most popular planned giving methods, a
bequest is a gift in your will or living trust. You can provide
a specific dollar amount, asset or percentage of your estate
through a bequest. This flexible method allows you to continue
using your assets during your lifetime while providing for Texas
A&M’s future.
Beneficiary Designation Gift
With a straightforward beneficiary designation gift, you can
name the Texas A&M Foundation as the beneficiary of your
retirement account to leave your Aggie legacy. This method
allows you to use your account throughout your lifetime and
avoid passing a highly taxed asset to your heirs.
