Quick Gift Guide to Navian Hawaii

Benefit to Donor Gift Type Possible Assets
Allows individuals 70½ and older to transfer up to $100,000 from their IRAs directly to a qualified charitable organization without being subject to income taxes on the distribution. IRA Charitable Rollover
Qualified Charitable Distribution (QCD)
Individual Retirement Accounts (IRAs) only and not other types of retirement plans.
Proceeds not subject to income or estate tax. Estate tax deduction (if estate big enough) for their value. Retirement Funds
(Beneficiary Designation)
IRA, 401 (k), 403(b), etc.
Income tax deduction. Life Insurance
(Charity owns policy)
Life Insurance policy
Estate tax deduction (if estate big enough) Life Insurance
(Charity beneficiary but not owner)
Life Insurance policy
Estate tax deduction (if estate big enough) for full market value. Gift through Will or Living Trust (Bequest) Any
Secure, fixed payments for life. Income tax deduction for portion of contribution. Gift Annuity
$10,000 min.
Age 55 or older
Cash, Publicly-traded securities.
Maybe real estate.
Variable or fixed income for life or a term of years. Income tax deduction for present value of remainder interest. Charitable Remainder Trust
(Trustee sets minimum: $100,000+)
Cash, Publicly-traded securities, Closely held C stock, Real estate
Income tax deduction, can continue using property. Gift of Your Home
(Retained Life Estate)
Residence, Vacation home or Farm