Leave a lasting legacy in your community

Legacy gifts are an excellent way to support a charity you believe will provide meaningful benefits for future generations.
Giving to the Parkinson's Association of Southwest Florida can be done either directly or through a planned gift that can provide tax benefits and in some cases, income. Click on a tab below to learn more or call Mary Schoeffel, 239-417-3465.

What to give

• Stocks & Bonds
• Real Estate
• Retirement Assets
• Insurance
• Cash

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STOCKS AND BONDS
Donating appreciated securities, including stocks and bonds, is an easy and tax-effective way for you to make a gift to the Parkinson's Association of SWFL. 

BENEFITS OF GIFTS OF STOCKS AND BONDS:

• Avoid paying capital gains tax on the sale of appreciated stock.
• Receive a charitable income tax deduction.
• Ensure PD services in our community.

REAL ESTATE
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to the Parkinson's Association of SWFL.

BENEFITS OF GIFTS OF REAL ESTATE:

• Avoid paying capital gains tax on the sale of the real estate.
• Receive a charitable income tax deduction based on the value of your gift.
• Leave a lasting legacy to ensure the Parkinson's Association of SWFL can continue their mission.

RETIREMENT ASSETS
Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to the Parkinson's Association of SWFL.

BENEFITS OF GIFTS OF RETIREMENT ASSETS:

• Avoid paying potential estate tax on retirement assets
• Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
• Receive potential estate tax savings from an estate tax deduction

GIFTS OF INSURANCE
A gift of your insurance policy is an excellent way to make a gift to charity. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy. 

BENEFITS OF GIFTS OF INSURANCE:

• Receive a charitable income tax deduction.
• If the Parkinson's Association of SWFL cashes in the policy, you will be able to see firsthand how your gift supports our institution.
• If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to the Parkinson's Association of SWFL so that we can use the proceeds to further our mission of helping community members to live well with PD.

GIFTS OF CASH
A gift of cash is a simple and easy way for you to make a gift.

BENEFITS OF GIFTS OF CASH:

• Make an immediate impact on our mission.
• Benefit from a charitable income tax deduction.

How to give

• Bequest
• IRA Rollover
• Beneficiary Designation
• Charitable Annuity
• Charitable RU
• Charitable LT
• Life Estate Reserved

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BEQUEST
You designate the Parkinson Association of Southwest Florida as the beneficiary of your asset by will, trust or beneficiary designation form. A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Parkinson Association of Southwest Florida as part of your estate plan, or you can make a bequest using a beneficiary designation form.
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BENEFITS OF A BEQUEST:

• Receive an estate tax charitable deduction.
• Reduce the burden of taxes on your family.
• Leave a lasting legacy to charity.

HERE ARE SOME OF THE WAYS TO LEAVE A BEQUEST TO THE PARKINSON ASSOCIATION OF SWFL

• Include a bequest to Parkinson Association of Southwest Florida in your will or revocable trust.
• Designate Parkinson Association of Southwest Florida as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension).
• Name Parkinson Association of Southwest Florida as a beneficiary of your life insurance policy

​A BEQUEST MAY BE MADE IN SEVERAL WAYS

• Percentage bequest - make a gift of a percentage of your estate
• Specific bequest - make a gift of a specific dollar amount or a specific asset
• Residual bequest - make a gift from the balance or residue of your estate

IRA ROLLOVER
 Congress has enacted a permanent IRA charitable rollover. As a result you can make an IRA rollover gift this year and in future years. If you are 70 ½ or older you may be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year.

BENEFITS OF AN IRA CHARITABLE ROLLOVER:

• Avoid taxes on transfers of up to $100,000 from your IRA to the Parkinson's Association of SWFL.
• Satisfy your required minimum distribution for the year.
• Reduce your taxable income, even if you do not itemize deductions.
• Make a gift that is not subject to the 50% deduction limits on charitable gifts.
• Help further the mission of the Parkinson's Association of SWFL.

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HOW AN IRA CHARITABLE ROLLOVER GIFT WORKS:

1. Contact your IRA plan administrator to make a gift from your IRA to the Parkinson's Association of SWFL.
2. Your IRA funds will be directly transferred to our organization to help continue our mission.
3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
4. Please contact Mary C. Schoeffel if you wish for your gift to be used for a specific purpose, 239-417-3465.

BENEFICIARY DESIGNATION GIFTS
A beneficiary designation gift is a simple and affordable way to make a gift to support the Parkinson's Association of SWFL. You can designate us as a beneficiary of a retirement, investment or bank account or your life insurance policy. 

BENEFITS OF A BENEFICIARY DESIGNATION GIFT:

• Support the Parkinson's Association of SWFL.
• Continue to use your account as long as you need to.
• Simplify your planning and avoid expensive legal fees.
• Reduce the burden of taxes on your family.
• Receive an estate tax charitable deduction.

HOW A CHARITABLE GIFT ANNUITY WORKS:

1. You make your gift, contact your financial advisor, broker, insurance agent or banker.
2. Ask them to send you a new beneficiary designation form.
3. Complete the form, sign it and mail it back to the appropriate person.
4. When you pass away, your account or insurance policy will be paid or transferred to the Parkinson's Association of SWFL, consistent with the beneficiary designation.

If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are amount the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment or bank account and continue to freely use your account. You can also change your mind at any time in he future for any reason, including if you have a loved one who needs your financial help.​

CHARITABLE GIFT ANNUITY

You transfer your cash or appreciated property to our organization in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.

BENEFITS OF A CHARITABLE GIFT ANNUITY:

• Receive fixed payments to you or another annuitant you designate for life.
• Receive a charitable income tax deduction for the charitable gift portion of the annuity.
• Benefit from payments that may be partially tax-free.
• Further the mission of the Parkinson's Association of SWFL with your gift.

HOW A CHARITABLE GIFT ANNUITY WORKS:

1. You transfer cash or property to the Parkinson's Association of SWFL.
2. In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
3. You will receive a charitable income tax deduction for the gift portion of the annuity.
4. You also receive satisfaction, knowing you will be helping further our mission.

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us or your attorney to inquire about other assets you might be able to use to fund a charitable gift annuity.

CHARITABLE REMAINDER UNITRUST
You can transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years. 

BENEFITS OF A CHARITABLE REMAINDER UNITRUST:

• Receive income for life, for a term of up to 20 years or life plus a term of up to 20 years.
• Avoid capital gains on the sale of your appreciated assets.
• Receive an immediate charitable income tax deduction for the charitable portion of the trust.
• Establish a future legacy gift to the Parkinson's Association of SWFL.

HOW A CHARITABLE REMAINDER UNITRUST WORKS:

1. You transfer cash or assets to fund a charitable remainder trust.
2. In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
3. The trust is invested to pay income to you or any other trust beneficiaries you select based on a life, lives, a term of up to 20 years or a life plus a term of up to 20 years.
4. You receive an income tax deduction in the year you transfer assets to the trust.
5. The Parkinson's Association of SWFL benefits from what remains in the trust after all of the trust payments have been paid.

CHARITABLE LEAD TRUST
You fund a trust that makes gifts to the Parkinson's Association of SWFL for a number of years. Your family receives the trust remainder at substantial tax savings.
BENEFITS OF A CHARITABLE LEAD TRUST:

• Receive a gift or estate tax charitable deduction.
• Pass inheritance on to family at a reduced or zero cost.
• Establish a vehicle from which you can make annual gifts to charity.

HOW A CHARITABLE LEAD TRUST WORKS:

1. You make a contribution of your property to fund a trust that pays the Parkinson's Association of SWFL income for a number of years.
2. You receive a gift of estate tax deduction at the time of your gift.
3. After a period of time, your family receives the trust assets plus any additional growth in value.

LIFE ESTATE RESERVED
BENEFITS OF A LIFE ESTATE RESERVED GIFT:

• Receive a federal income tax deduction for the value of the remainder interest in your home or property.
• Preserve your lifetime use and control of your home or property.
• Create a life estate based on more than one life. This will preserve the use of property for you and a loved one, such as a spouse or dependent child.

HOW A LIFE ESTATE GIFT WORKS:

1. You deed your home or property to the Parkinson's Association of SWFL. The deed will include a provision that gives you the right to use your home or property for the rest of your life and that of any other life estate party named in the deed.
2. You and the Parkinson's Association of SWFL sign a maintenance, insurance and taxes (MIT) agreement to explain you will do your best to keep the property in good condition and that you will maintain property insurance and pay the property taxes.
3. When the owners of the life estate have passed away, your home or farm will belong to the Parkinson's Association of SWFL. We will use or sell the property to further our educational mission.

​Please note: The life estate can last for your life or based on your life and that of another person, such as a spouse or loved one. It is possible for you to make a gift of your property even though there is a mortgage upon the residence. You will be responsible for the maintenance, insurance and taxes on the property, just as you were prior to creating the life estate gift. If, at some point in the future, you are no longer able to live independently in your home, we may be able to help you use your life estate to create a lump sum cash payment (with joint sale) or create an income stream (using the life estate to fund a charitable remainder trust or charitable gift annuity).

Your gift makes all the difference

When you donate to the Parkinson's Association of SWFL,  your gift goes directly to helping friends, family and
neighbors right here in your community to live well with PD. Your generous contribution benefits the more than
​6,000 people locally in SWFL who are affected by Parkinson Disease. We are an independent non profit that is not affiliated with a national organization.​

The information provided is for educational purposes. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.

The Parkinson's Association of Southwest Florida Inc.

The Parkinson's Association of SWFL is a 501(c)(3) Charitable Organization. A copy of the official registration and financial information may be obtained from the division of consumer services by calling toll-free (800-435-7352) within the state of Florida. Registration does not imply endorsement, approval, or recommendation by the state. EIN# 59-3471412