List of 7 items.

• Bequest in your Will

  Consider leaving a bequest to Moravian Academy in your Will. Talk to your attorney or financial advisor about leaving a specific dollar amount, a specific asset, or a percentage of your estate. A bequest can also be made by adding a codicil to an existing Will.
  

  
  The easiest way to plan a gift to a charitable organization is through a bequest in your Will.  A bequest can be made by adding a codicil to an existing Will or when you create your Will with your estate planning attorney.
  
  

  Samples of types of bequests are:
  

  • Specific
  • General
  • Residual

  Consider leaving a bequest to Moravian Academy in your Will. Talk to your attorney or financial advisor about leaving a specific dollar amount, a specific asset, or a percentage of your estate. A bequest can also be made by adding a codicil to an existing Will.
  
  Consult with your estate planning attorney to create your Will.The following is sample bequest language:

  I give $______ or _______% of the rest, residue and remainder of my estate to Moravian Academy located in Bethlehem, Pennsylvania to be used to create the Jane Doe Endowed Scholarship Fund. This fund will be a permanent endowment and income from the fund, in accordance with the Academy's spending policy, will be used to provide financial aid, based on demonstrated need, for the children of the faculty and staff who wish to attend the Academy."

• Charitable Lead Trust

  Talk to your attorney or financial advisor about the advantages of setting up a charitable lead trust with Moravian Academy as the beneficiary. Charitable Lead Trust refers to an irrevocable trust designed to provide financial support to one or more charities, such as Moravian Academy, for a set period of time, with the remaining assets eventually going to your family members or other non-charitable beneficiaries.

• Charitable Remainder Trust

  Talk to your attorney or financial advisor about the advantages of setting up a charitable remainder trust; an irrevocable trust that generates a potential income stream for you or your beneficiaries, with the remainder going to your favorite charity. At the end of the specified term of the trust, the remaining trust assets are distributed to the charitable beneficiaries you have designated, such as Moravian Academy.

• Donor Advised Fund

  Talk to your attorney or financial advisor about establishing Moravian Academy as your Donor Advised Fund successor. Donor Advised Funds (DAF) are a type of charitable giving vehicle. A giving account is established and administered by a public charity. Your donation is invested and grows until you decide which IRS-qualified charities to award it to. Moravian Academy is an IRS-qualified charity and can receive DAF grants, or be included as part of the succession plan for your Donor Advised Fund.

• Gifts of Real Estate

  Property may be donated outright. An immediate tax deduction is available and capital gains taxes may be avoided. As per the school’s Gift Acceptance Policies, such gifts may only be accepted upon approval of Moravian Academy’s Finance Committee.

• Life Insurance Beneficiary

  Talk to your attorney or financial advisor about naming Moravian Academy as a beneficiary on your life insurance policy. Moravian Academy can be listed as a full, partial, alternate, or contingent beneficiary.

• Retirement Account Beneficiary

  Talk to your attorney or financial advisor about naming Moravian Academy as a beneficiary on one or more of your retirement account(s), including an IRA, 401(k), or 403(b). Moravian Academy can be listed as a full, partial, alternate, or contingent beneficiary.