Planned Giving

List of 5 items.

• Retirement Assets

  Perhaps the easiest way to include Nashoba Brooks School in your estate planning is to name the School as a beneficiary of part or all of an individual retirement account (IRA), or tax-qualified retirement plan.  Such designation would allow the full value of these assets to transfer to Nashoba Brooks without estate or income tax.  

• Bequests

  A bequest is a gift made through a provision in a donor’s will or “living” trust and is simple to set up with the assistance of an attorney. If your will is already written, it is a relatively easy, inexpensive process to add a simple codicil that names Nashoba Brooks School as an additional beneficiary.  Because there is no minimum amount, any donor can make a bequest regardless of financial status.  This is a straightforward way to ensure that your support of the work you value will extend beyond your life. 

• Life Insurance

  A gift of life insurance is the transfer of the ownership of a donor’s life insurance policy to the School.  The donor typically agrees to continue to pay any premiums due after making the gift and can derive income tax deductions for both the initial investment in the policy and the additional premiums. 

• Charitable Lead Trust

  A charitable lead trust is a trust in which the income, or “lead” interest, is paid to Nashoba Brooks School for a period of time. When the trust terminates, the remaining principal is given to one or more non-charitable beneficiaries, who could be either the donor or family members. Your financial advisor or estate counsel can work with you to establish this form of trust which can also provide significant tax benefits. 

• Charitable Remainder Trust

  A charitable remainder trust is a separately administered trust established by the donor working closely with their financial advisor and estate counsel. It provides for payments to the donor and/or other named beneficiary(ies) either for life or a term of years (not exceeding 20), whereupon the remaining trust assets are distributed to one or more charities.  Tax savings for the donor can be significant.