Create a legacy
Estate and planned giving can allow you to support the UNC School of Nursing while offering you and your family significant tax benefits, financial flexibility including lifetime income. You may wish to speak with your financial adviser before you give, to determine the best way to structure your gift to benefit yourself, your family and the School.
- Gifts through Bequests: Often, donors will make a current gift and provide for the future by including the School of Nursing in their estate plans. This can be in the form of a will, bequest, charitable remainder trust or other tax-deductible vehicle. Retirement plan assets might also count as a bequest. Please contact the Office of Advancement to discuss your estate plans in strictest confidence at (919) 966-4619.
- Charitable Gift Annuities and Pooled Income Fund: Charitable gift annuities and gifts to the Pooled Income Fund will be credited at the face value of the gift at the time it is made.
- Charitable Remainder Trusts: Charitable remainder trusts will be credited at the face value of the gift at the time it is made, provided the remainder designation to Carolina is irrevocable. Revocable charitable remainder trusts (those which allow revocation or modification of the charitable beneficiary) will be counted as a special gift type that will count in the campaign.
- Gifts that Provide Income: You may wish to make a gift, but you may feel you cannot afford to give us an asset because it provides you with annual income. Gift annuities and other forms of life income can offer current income, a significant tax deduction, and the assurance that you are providing for the School of Nursing in the future.
- Gifts of Whole Life Insurance: In order for a life insurance policy to be counted as a gift, the University (or one of its affiliated foundations) must be the owner and beneficiary of the policy. Gifts of whole life insurance will be credited at the cash value of the insurance policy at the time it is given. Annual premium payments will also be credited.
- Gifts of Personal Property: In planning your estate, remember that valuable collections such as works of art and other forms of tangible personal property can be subject to estate taxes. By donating these items to the School of Nursing during your lifetime, you not only reduce your taxable estate, but also reduce your taxable income in the year of the gift.
- Gifts of Real Estate: Real estate can make a valuable gift. No capital gains tax is due when you donate appreciated real estate; you are entitled to an income tax deduction in the amount of the appreciated value of the real estate; and you avoid estate taxes on the appreciated asset.