Planned Giving

Planned giving is when you define gifts of assets during your lifetime or through a will or testamentary instrument. Some return an income stream to you, and all can provide significant tax benefits.

Some people think of planned giving as "deferred giving" -- that is, the gift is given at a later time. The most common example of this is naming the Nisei Veterans Memorial Center in their will, with the actual gift being realized upon their passing.

For others, planned giving is a piece of their entire estate planning, with income stream, inheritance and tax benefit considerations. Often in these cases, a charitable remainder trust or charitable lead trust is implemented.

Whatever form it takes, a planned gift is often a "lifetime gift" that means a lot to the donor -- and a lot to the Nisei Veterans Memorial Center.

Giving options for the future

There are a variety of forms your charitable gift can take, including whether you want to give now or set up a giving plan for the future. Once you are familiar with possible giving options, contact us so that we can help you find the plan that makes the most sense for your particular situation.

Bequests - The simplest planned giving is a bequest in your will or trust that directs specific assets or a percentage of your estate to establish a fund or add to an existing fund.

Charitable Remainder Trust - Contributing a gift to an irrevocable trust provides you with income payments for your lifetime, or term of years. The remainder would eventually go to the Nisei Veterans Memorial Center, which would create a permanent fund in your name.

Charitable Lead Trust - You give income-producing assets to fund a trust with income flowing to the Nisei Veterans Memorial Center during the term of the trust. Afterwards, the assets flow to your heirs free of tax on the assets' appreciation.

Life Estates - You can contribute a primary residence, a vacation home or a farm, but you retain the right to use it during your lifetime. You receive an immediate tax deduction, and the property is not included in your estate.

Retirement Plan Beneficiary Designations - You create a named fund with the Nisei Veterans Memorial Center by making us the beneficiary of a retirement plan, such as an IRA.

We encourage you to discuss your desires with your financial advisor, and then contact us so that we can develop a strategy that best suits your financial and philanthropic goals.