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A designated gift in your will or living trust is the simplest form of planned giving. If you have already included the Fulbright Association in your estate plans, fill out this form to let us know so we can thank you and update our records!
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Do you have an IRA, 401(k), life-insurance policy, or any other assets not included in your will? If so, these are called “non probate assets” and you must plan your beneficiaries for them separately. Use this online tool to make your plans and designate the Association as a beneficiary of one or more of these assets.
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Designating the Fulbright Association as the beneficiary is an excellent way for you to make a gift to us, using an asset that otherwise might be heavily taxed.
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The income from the trust is donated to the Fulbright Association during your lifetime. After your lifetime, the trust assets, pass without further tax to your heirs.
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Donating a fully paid, existing life insurance policy or a policy that is not fully paid, provides you with a current charitable income tax deduction.
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You may irrevocably transfer the ownership of a home or farm to the Fulbright Association, retain the right to occupy the premises for the rest of your life, and receive an immediate charitable tax deduction.
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If you are 70 ½ or order, you can support the Fulbright Association through a Qualified Charitable Distribution (QCD) from your traditional IRA. Learn more here.