By making a gift to Maryville through your retirement plan you can make a major gift to Maryville without impacting your current lifestyle. You can revoke your gift at any time should your needs or interests change.
How It Works
1. Donor names Maryville as the beneficiary under your retirement plan.
2. Following Donor’s death, a gift is made under Donor’s retirement plan to Maryville.
3. Maryville uses the gift as the Donor designated during his or her lifetime.
4. Donor’s estate enjoys a charitable estate tax deduction.
How You Benefit
A gift made under your retirement plan is fully deductible for estate tax purposes. Your gift may also be deductible for state inheritance tax purposes.
Donors who name Maryville as beneficiary of their retirement plan automatically become members of the Visionary Society.
Is This Gift Right For You?
Do you want to make a major gift to support the work of Maryville but worry about reducing your current cash flow? Or do you want to make a major gift to Maryville but want to reserve the right to revoke your gift for any reason at all? If you answered “yes” to any of these questions, a gift through your retirement plan may be the right gift for you.
How to Name Maryville as Beneficiary of your Retirement Plan
Naming Maryville as the beneficiary of your retirement plan is easy. Simply ask your plan administrator for a beneficiary designation form and list “Maryville Academy” as the beneficiary. In the event that you should want to restrict the use of your gift to a specific purpose, you will need to contact us.
For more information on making a current or planned gift to Maryville, please contact us:
847.294.1982