If on deposit at death, the gift qualifies for an estate tax charitable deduction. Increases, and often doubles, the impact of your gift intention. Memorials Memorials Gifts are often made to honor a family member, friend or former teacher. Scholarships or programs can be named in honor of donor or other person. A perpetual memorial to a loved one or legacy of one's life.
Current gifts bring income tax charitable deduction.
Rockhurst will work with donor to determine appropriate means. On Death Donor can make arrangement with bank or other financial institution to give Rockhurst ownership at donor's death. Retained Life Estate Agreement Home or farm is given to Rockhurst, but with the right for donor to continue to live on and use the property for life. Donors who intend to give Rockhurst their home or farm can receive a current income tax charitable deduction but continue to live in the home or on the farm. Transfer On Death Deeds for property or title of car may transfer ownership to Rockhurst at death.