Some things have changed considerably since Miss Masters founded the school in 1877—income taxes, capital gains taxes, and estate taxes—to name just a few. If you would like to make a larger gift than ever before to Dobbs, then please consider an option that may allow you or your family to avoid paying some types of taxes and/or perhaps earn extra income:
Planned gifts offer our donors a means to make a significant gift to The Masters School while also addressing personal financial goals that incorporate advantageous tax and estate planning strategies. Planned gifts can be a great source of personal satisfaction because they often allow the donor to achieve philanthropic goals that might not have been possible through outright gifts.
Including The Masters School in your bequest is a simple way to provide important support for the future of the School. You may choose to provide a percentage of your estate or a particular dollar amount. If you wish to name us in your will, we would be pleased to provide you with information containing appropriate wording for a bequest.
Charitable Remainder Trust
A Charitable Remainder Trust offers important tax benefits, allows you and/or other beneficiaries to receive lifetime income from the trust, and then transfers the remaining assets in the trust to The Masters School. A lawyer will assist you in drawing up this trust.
Charitable Lead Trust
A Charitable Lead Trust provides annual income to the School during the donor's lifetime while transferring assets to the donor's heirs, which can be an important estate planning strategy. A lawyer will assist you in drawing up this trust.
The Masters School is honored to recognize and thank those individuals whose thoughtful planned gift arrangements provide an ongoing legacy for future generation of students. If you have already included the School in your estate plans, we that you will share the relevant information with us to that we can include you in The Estherwood Society. Members are entitled to special benefits throughout the school year. Kindly call the Advancement Office at 914-479-6440.
Clearly, planned giving is an important topic that would likely involve family members and your financial advisor. We would like to provide you with more details in order to inform you and help you to make the best decision for you and your family at the appropriate time. Please call Erin Fredrick, Major Gifts Officer, at 914-479-6575, or email firstname.lastname@example.org to schedule a confidential phone conversation and share your ideas, or simply request more information.