Set up a permanent life insurance policy with the insurance company of your choice. Name “THE PRESERVATION SOCIETY OF CHARLESTON” as a beneficiary of your life insurance policy, or assign the policy to THE PRESERVATON SOCIETY OF CHARLESTON and use the cash value as a charitable deduction.
Securities or Financial Accounts
IRAs, 401(k) plans, deferred compensation plans and annuities can all be used to gift assets to the Society. Simply list "THE PRESERVATION SOCIETY OF CHARLESTON" as a beneficiary, either with a percentage of the total value or as a contingent beneficiary (if you are choosing someone else as the primary beneficiary).
We recommend that you consult with your attorney or tax advisor for the various tax benefits and restrictions that may apply to your specific situation. We are always available to answer questions or help arrange a planned gift to PSC. Should you name PSC in a planned gift, we would welcome a copy of the legal document or section of document that accompanies your gift. This can make estate administration easier when your gift is received.