Creighton University

GIFT PLANNING

Welcome Heritage Society Donor Stories

STEP 1: EXPLORE

Legacy Planner™ Compare Gift Plans Goals & Benefits Giving Wisely

STEP 2: RESEARCH

Gift Plans » Assets You Can Give » Resources » Gift Calculator Attorney Information

STEP 3: CONTACT

New!
Personal Calculators

Related Links

·	Gift illustration
·	Complete gift description
·	Is this gift for you?
·	Gift example

Back

Gifts of Retirement Assets
(Gift example*)

How can you give more to your heirs with less? For the sake of simplicity, let’s assume you have $300,000 in an IRA and appreciated stock worth $250,000. Assuming you are in the 45% estate tax bracket, you can see that your heirs actually benefit more from the lower valued gift of stock.

	IRA to Charity	Stock to Heirs	IRA to Heirs
Value of Asset	$300,000	$250,000	$300,000
Estate tax (45%)	$0	$112,500	$135,000
Transfer to Heir		$137,500	$165,000
Less income tax (33%)		$0	$54,450
Remainder to charity/heirs	$300,000	$137,500	$110,550
Total Tax	$0	45%	63%
*This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.

What if I’m not affected by the estate tax.

The income your heirs receive from your IRA is called “Income in Respect of Decedent“ (IRD). IRD is taxable upon transfer and at the donor’s highest tax rate. However, the gift of stock is taxable only when the heirs sell the shares; and then in only the gain that has occurred from the date of transfer is taxable – typically at the 15% tax rate.

For more information

Email us, complete the personal illustration form, or call us at (402) 280-1143 so that we can assist you through every step of the process.

Creighton University
Office of Estate and Trust Services
2500 California Plaza
Omaha, NE 68178
(402) 280-1143
(800) 334-8794
giftplanning@creighton.edu