Have you heard? Charitable IRA rollovers are a more effective way than ever to make a gift to Mills, thanks to a new federal tax law. Click here to learn more.
Many donors discover that they can make a substantial gift to Mills through deferred giving. Usually, these gifts are trust agreements from which income is paid to the donor during his or her lifetime, with the remaining principal going to Mills after the donor's death. Donors may enjoy full tax benefits for such contributions, enhancing their own financial situation even as they make a lasting contribution to Mills. Donors may also name a beneficiary to receive income payments for life.
Including Mills in your will or a living trust creates a significant legacy. Unrestricted bequests, expressed as a percentage of an estate, often convey the donor's intention more accurately than a specified sum.
The Office of Institutional Advancement can provide details about the many forms that a planned gift may take and the tax advantages associated with each, as well as examples of bequest language. Please contact April Hopkins:
Mills College Office of Institutional Advancement Telephone: (877) PG-MILLS (877-746-4557) Facsimile: (510) 430-2301 email: aprilh@mills.edu
Inquiries put you under no obligation what so ever. Mills College does not offer tax advice.
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