Gifts for every "occasion" Gifts can be made in honor of family and friends at times such as Mother鈥檚 Day or Father鈥檚 Day, at the birth of a child or grandchild; or on a birthday, wedding, anniversary, or other notable occasion. Gifts of love show how much you care.
A living legacy Many discover that their long-range estate and financial plans provide a thoughtful way to make memorial gifts in honor of others. A gift can be included in your will or living trust and can establish a lasting legacy for family and friends. A gift of excess retirement funds, such as pension plans or Individual Retirement Accounts (IRAs), may allow you to give more, while eliminating taxes that may otherwise largely deplete these assets. Gifts of life insurance that has fulfilled its original purpose may offer excellent tax benefits. Policies that you purchased to protect a loved one who no longer needs that protection can be an excellent way to make a gift in honor of that person. Gifts that provide an income can be a tax-effective way to provide you and/or someone else you designate with regular payments for life or another period of time. Check with your advisor for more information.