The University of Nevada, Reno Office of Planned Giving encourages and assists the tradition of partnership between the University and its alumni, friends and parents. The personal rewards inherent in making a commitment to support the university and its programs are many.
Most gifts provide a current charitable income tax deduction.
However, some can also save you capital gains taxes, increase your income, and provide you, or whomever you designate, with an income for life. There are a number of ways of making a planned gift and taking advantage of their benefits. This can be accomplished by providing for a Bequest in your Will, establishing a Life Income Gift that returns to you an income during your lifetime or the lifetimes of those that you specify. Although there are no income tax advantages, bequests to Nevada are deductible from your taxable estate when an executor determines estate tax liability. Bequests can be made for a specific amount, a percentage of the estate, or the remainder of the estate after specific bequests for others.