Planned Giving

Planned Giving is an effective way to have an impact on the future well-being of Holy Name of Jesus School. Individuals have many options available to them in making their estate plans such as bequests, charitable remainder trusts, charitable lead trusts or insurance policies. We recommend that you consult with a financial advisor when considering your estate plans. For your information, brief descriptions of planned giving vehicles are offered below.

Bequests
Bequests, large and small, are a significant source of support for a school. A bequest is the act of naming the school in your will. 

Charitable Remainder Trust
If you own real estate or securities that have appreciated greatly over the years and you want to avoid paying the capital gains taxes you would incur when you sell, a Charitable Remainder Trust may be an attractive option for you. Using your appreciated property or securities, set up an Irrevocable Remainder Trust with your attorney or financial planner and name Holy Name of Jesus School as the beneficiary. The Trust, which is not subject to tax, sells property or securities, reinvests the proceeds and makes specified annual payments to you or other designated individuals for a specified period of time. At the end of that period, the remaining funds in the Trust go to the school.

Charitable Lead Trust
A Charitable Lead Trust is essentially the reverse of a Charitable Remainder Trust. You would transfer your appreciated property or securities to an Irrevocable Trust, but with this type of investment, Holy Name of Jesus School receives the annual income interest payments for a specified period of time or your lifetime. At the end of that period, the remaining funds return to you or your designated beneficiary.
 
Life Insurance
Another vehicle for planned giving is the use of life insurance. Individuals may name Holy Name of Jesus School as the sole beneficiary or one of several beneficiaries of a life insurance policy. The school would receive the benefit at the time of death of the donor.
 
For more information, or if you have any questions regarding giving to Holy Name of Jesus School, please contact Amy Nolan, Director of Institutional Advancement at (504) 861-9709 or [email protected].